The new economic model turns 1: where did the labels come from?

AKP President and Chairman Recep Tayyip Erdoğan announced that Turkey has moved to the “new economic model” in a TV show he attended on November 30, 2021.

President Erdoğan said: “With the new economic model, we are pushing back the policy of taking out speculative money by paying high interest rates. We will support production and exports with low interest rates,” he said.

However, with the program implemented, all the balances of the economy were turned upside down. As the inflation monster grew by the day, the number of people complaining about the high cost of living was also increasing. Erdogan’s response to this situation was “Inflation is not an insurmountable economic danger. I was an economist.

SÖZCÜ examined the price changes on some basic necessities products in a common supermarket chain in the last one-year period spanning the period of November 2021 and November 2022. Here is the painting that caught the eye of the viewer. .