This is how they made the country in 21 years
akpTurkey’s current account deficit has increased 15-fold since November 2002, when Turkey came to power, and foreign debt increased by 260.9 percent. While the dollar and euro reached all-time highs, the prices of gasoline and diesel had to park in front of the house with the car. While gold prices were breaking records, the prices of bread and red meat were doubling with the unstoppable rises in food prices. With recent tax increases, household income has become insufficient to cover even basic expenses. Citizens have been condemned to poverty with the economic policies pursued by the AKP for 21 years.
THE BREAD IS 20 DRY
While the Turkish lira experienced losses and losses, its purchasing power bottomed out. When the AKP came to power, the dollar was at TL 1.6450, but today it has exceeded TL 27. The euro rose from 1.2310 TL to 29.5797 TL in 21 years. The depreciation of the Turkish lira has exceeded 28 percent since the beginning of this year. The price of 200 grams of bread was 20 cents at that time, and the price of red meat was 9 lira per kilogram. Today, while the same bread costs 7 liras, red meat, which costs 400 liras per kilo, had to say goodbye to the tables. With the rise in the dollar and tax increases, fuel prices, which have added to the rise in recent days, left the car on the road. When AKP took office, the liter of gasoline cost 1.76 TL and the liter of diesel 1.36 TL. Today, the price of a liter of gasoline is 36 liras and 13 cents, and the price of a liter of diesel is 36 liras and 55 cents. Gold prices have risen to a level that will almost end the tradition of wearing jewelry at weddings. In said period, the gold quarter rose from 23 liras to 2,736 liras, and the republican gold rose from 120 liras to 10,912 liras.
Foreign debt skyrocketed to $476 billion
Inflation When the record was broken and the deficit and debts increased, tax increases were imposed on citizens who could not live. The AKP government, which failed to implement policies to enforce austerity among the poor, ‘did not save face’. With economic policies that nearly destroyed production, the country was left in debt. Turkey’s gross external debt increased by more than 260 percent in 21 years, reaching $475.7 billion. When the AKP came to power, the external debt was 131.8 billion dollars. In the same period, the current account deficit increased from $4 billion to $60 billion.
We became a mint for the Arabs and a trading center for the Bulgarians.
Türkiye Although it has become a country that cannot meet the basic needs of its citizens and is becoming poorer and poorer, it has become a country where tourists from the Middle East come and take long vacations and even settle. With the depreciation of the Turkish lira, Bulgarians are returning to their country after doing their shopping in Edirne. Mutual funds from countries like Qatar and the United Arab Emirates buy Turkey’s most valuable companies and add profit to their earnings. Türkiye is printing money as a currency for investors in the Gulf. Our Bulgarian neighbors also come to Turkey, where they find it cheaper than in their own country, and buy what they need. They come to Edirne on weekends and return to their countries with their suitcases, which they fill with purchases.