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Election in Turkey: Opposition leader KILICDAROGLU gives address for first investigation on May 15

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KILICDAROGLU ELECTION MEETING

The Nation Alliance’s Presidential candidate Kemal KILICDAROGLU made important statements to Bloomberg, days away from the election. KILICDAROGLU, the Presidential candidate of the Nation Alliance and CHP Chairman, spoke to the US-based financial agency Bloomberg ahead of the May 14 elections.

The interview was reported as ”Erdogan’s opponent promised to investigate the stock market and economic data.” The CHP leader said pointed out that the current government was covering up the real state of the Turkish economy and finances, official data was not reliable.

Stating that Borsa Istanbul (stock market) was turned into a robbery vehicle, KILICDAROGLU said, “I know how small investors were robbed, so we will start the first investigation at the stock exchange.”

Borsa Istanbul’s BIST 100 index, which rose by 196 percent in 2022, has lost 20 percent of its value since the beginning of the year.

‘THE NUMBERS AREN’T RIGHT’

KILICDAROGLU said they would set up a commission within two weeks to identify the damage to the economy and understand what was really happening, if they won the presidential election.

He went on to say, “The figures are not transparent, they are not accurate. We do not have sufficient information about our obligations, commitments or income and expenses.”

According to the information provided by KILICDAROGLU, this commission will present the picture of the real situation in the economy to the six leaders who make up the Nation Alliance, and these data will be the basis for longer-term plans.

He also stated that if they won the election, they would make decisions on the prevention of waste.

“CENTRAL BANK GOVERNOR TO GIVES CONFIDENCE”

He said Central Bank had sold about $ 177 billion of foreign exchange through the back door between 2021 to April 2023 (to keep dollar TL rate under pressure).

 “The plan put forward by the opposition alliance promises a return to traditional policy-making with an ‘independent’ central bank if he defeats Erdogan in the elections” the news said.

KILICDAROGLU said, “If the Central Bank governor is someone who gives confidence to internal and external circles, the problem will be solved to a large extent.”

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