What's Ahead for Turkey After PM Steps Down?

The video discusses Turkey's economic situation, highlighting a 4% GDP growth despite political instability. Concerns arise from the new central bank governor's alignment with the president, potentially affecting inflation control and interest rates. The Prime Minister's reformist image and low oil prices have been beneficial, but political instability remains a major issue. Market reactions include reduced GDP expectations and potential downgrades, with fears of capital outflows. President Erdogan's consolidation of power further complicates the political landscape.

What was Turkey's GDP growth last year, and what is the IMF's forecast for this year?

• 2% last year, 3% forecast

• 4% last year, 4% forecast

• 5% last year, 6% forecast

• 3% last year, 2% forecast

How did the Prime Minister's ties with the West affect Turkey's economy?

• It led to increased inflation.

• It resulted in higher oil prices.

• It caused a decline in GDP.

• It helped stabilize the economy.

What external factor has been beneficial for Turkey's fiscal position?

• Decreased imports

• Low oil prices

• High oil prices

• Increased exports

What is a major concern for financial markets regarding Turkey's economy?

• Rising unemployment rates

• Potential capital outflows

• Decreasing foreign investments

• Increasing GDP growth

Who is President Erdogan likely to appoint as Prime Minister?

• Someone similar to himself

• Someone with opposing views

• A military leader

• A reformist economist