Turkey: Fixing a broken economy

Business Daily

BBC

News, Business

4.4 • 796 Ratings

🗓️ 11 July 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

A month on from the election in Turkey President Erdogan has promised to fix the economy.

In this programme we find out more about Mehmet Simsek, the new finance minister, who says he'll return Turkey to rational economics and reduce inflation. We also hear from those running businesses in Turkey about what they need to stay afloat.

Presenter / producer: Victoria Craig Image: Lira in a cash register; Credit: BBC

Transcript

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0:00.0	Whether you call it football or soccer in your part of the world,
0:03.1	Match of the Day, Africa Top 10 is the podcast from the BBC World Service
0:06.6	ranking the best African players.
0:08.4	This guy is recognized as the best in the world.
0:10.3	Teams.
0:10.8	The world comes in turn, boom.
0:12.6	And the biggest moments in African football.
0:14.5	The whole world remembers that.
0:15.8	Remember that yet?
0:16.5	It's not just African fans.
0:18.0	Match of the Day, Africa Top 10.
0:19.9	Find it wherever you get your BBC podcast.
0:24.5	A return to rational economic policy. That is the promise Turkey's new finance minister made
0:31.0	when he returned to his post after a five-year hiatus following President Erdogan's general
0:36.5	election win this spring.
0:38.7	But it's now been more than a month since that vow was made to the Turkish public,
0:42.8	and still no roadmap for the way forward economically has been unveiled.
0:47.4	I'm done thinking about the country. I am done thinking about how the economic situation will change.
0:52.1	I don't know. And sadly sadly I don't care anymore.
0:54.9	I'm definitely in survival mode.
0:56.4	I'm not trying to make money.
0:58.3	I'm just trying to hold whatever I have.
	...

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