The New York Times Election Commentary: Whoever Wins…

As Türkiye prepares for elections to be held on Sunday, interest from international media organizations is growing.

After the first round of voting, this Sunday the new president of the country was announced, while the New York Times, one of the most respected newspapers in the US, shared the latest events in the region and commented on the winner of the elections. .

In the New York Times story, with the headline “One of the rewards for the winner of Turkey’s elections will be the economy on the brink of crisis”, it was claimed that recent spending by the government before the election hurt the economy. of the country and exerted pressure on the LT.

It was stated that if Kılıçdaroğlu wins, the first issue to focus on is the economy.

“Inflation remained stubbornly at 44 percent. Consumers began to see that they received less and less food with their wages. And now the suppression of the government’s currency threatens economic growth and could push the country into crisis. “It will be a difficult process no matter who wins the presidential race on Sunday,” the analysis said. Especially if Erdogan remains in office, considering that his economic decisions are the root of the problems, ”the statement said.

“WE WILL DOMINATE THE WINNER’S AGENDA”

While it was stated that Turkey’s economic collapse could be felt in other countries, it was stated that “it is an issue that will dominate the agenda of whoever wins the second round on May 28.” Although he drew attention to the economic growth experienced in the first 10 years of President Erdogan’s government, he recalled that these gains have melted in recent years and that the TL has lost 80 percent of its value against the dollar since 2018.

In news reports that Erdogan’s failure to raise interest rates triggered the problems, the report said: “During the election campaign, Erdogan signaled that he would not change these economic decisions.” Recalling that Erdogan had increased minimum wages before the elections and that adjustments were made to the salaries of civil servants, he said: “These promises mean that the government will spend even more money in the future, no matter who wins the elections.” .

Recalling that Erdogan has made some financial deals with Qatar, Russia and Saudi Arabia, the comment also noted that “the details of most of these deals were not shared with the public, but economists say these are part of short-term strategies.” that Erdogan is focused on winning the elections and does not think about the long-term economic health of the country.” made.

“IN ADDITION TO ERDOĞAN’S EXPENSES…”

“If Kılıçdaroğlu becomes president, he will inherit a financial situation that needs to be urgently addressed. In addition to Erdogan’s spending in recent months, the new administration will also have to respect financial agreements with other countries, the details of which are unclear.

“If Kılıçdaroğlu wins, we must strengthen the government’s economy and investor confidence by making short- and medium-term plans,” said Kerim Rota of the opposition bloc.