Direct struggle with the Manufacturers and Business Association (Tüsi̇ad), the establishment of the “linguistic” mechanism on exorbitant prices, and the creation of a state site to compare prices between retail chains. These are just some of the recent steps of Turkish President Recep Tayyip Erdogan as part of his ambition to improve his electoral status.
Today, Turkey’s president is faced with dissonance. On the one hand, his regional status is better than ever, following the successful coup in Syria against Bashar Assad, and the establishment of a regime close to it. But on the other hand, he is in a trap in local politics: he finds it difficult to find the majority in Parliament (400 out of 600) to change the constitution in a way that will allow him to deal with another presidential term, knowing that even if he is allowed to cope – the economic situation in the country does not guarantee that he is not at all Win.
Although the annual inflation rate in Turkey is a decrease, it is still a very high rate of 42.1%. Despite this, in December-January, the interest rate twice decided to lower the interest rate by 2.5%, and now it stands at 45%. It makes it difficult to restore the state, which today, according to a joint report published by UNIFF and the Turkish Bureau of Statistics, about 7 million its children (about a third of the minors) live under the poverty line.
The expectation in Ankara was that the coup in Syria and the beginning of about 3.6 million refugees who were burdensome on the Turkish economy would improve the situation. But not everyone wants to come back because the quality of life in Turkey is better than Syria, and those who return – leave the employment market with significant holes.
For example, hundreds of thousands of Syrians living in Turkey are currently employed in applause such as construction, agriculture and textiles, and it is not certain that 8.5% of the Turkish -unemployed are ready to work in such crafts or, alternatively, beyond which the earnings of citizens are already employed.
“Sets new boundaries”
As a result, Erdogan and his people have, exceptionally, decided his policy over the years, to draw attention to the harm to the great businessmen. Last May, as revealed in Globes, he imposed Ambro trade on Israel – a step that also hit Turkish businesses. There were those who tried to contact the Ministry of Trade and other senior officials, but quickly realized that it would not be beneficial.
It is now clear that for his political survival, he does not hesitate Erdogan to go on a direct fight on the capital, which for many years he avoided hurting them for many years. As part of this, the Istanbul court issued a prohibition order from the state for president of the Manufacturers and Business Association, Oraan Turan, and the chairman of the Turkish Unit of the Qatari QNB Bank, Omar Aras, for criticism that the two were stretched on state oppression against opposition and journalists.
Taking measures against the association is very unusual, since Tüsi̇ad is considered a prominent body of Turkey wealthy – and such as influential. For example, when the Erdogan administration led by the Finance Minister Mehmet who wore the interest rate from 8.5% to 50% between 2023 and 2024, the association was one of the supporting factors. However, Erdogan accuses them of being a body that interferes with political issues, and claims to be a capital at the expense of citizens. Already last week it was evident that his approach causes damage to the Turkish economy, when Toran Varas transport mirrors for court hearing, resulted in goals on the Istanbul Stock Exchange.
Dr. Hai Eitan Cohen Janjjak, a Turkish expert in the center of Moshe Dayan at Tel Aviv University and the Jerusalem Institute of Strategy and Security, explains that Turkey President thinks the businessmen attacks him, and therefore tries to make himself a victim. He makes it clear to the businessmen who criticized his judicial system and economic policy that ‘will be conducted as people Business, do not express an opinion and will only deal with imports and exports. Turkish president is unwilling to be criticized. ”
Closing civilian accounts
The red screens on the stock exchange were not only influenced by the exceptional legal hearing, but from the overall government conduct. At the same time, the Turkish commercial Ministry launched “the app for alert for unfair price increases”, where a citizen can report to the government for the incidental that he seems to be fair. The app invites the user to upload up to five images, add a location and provide detail of the nature of the complaint, with the office committed to quick tests.
The problem with such a step that is evident that the Ardogan administration has begun to release the “rope” from the tight monetary policy, the number of Syrian workers ready to work in lower salaries decreases, the annual inflation rate is still very high – and instead of the anemra to deal with the problem, they send citizens to close accounts. “As the Ministry of Commerce, our goal is to prevent businesses from hurting consumers through unfair price increases and promote a transparent and fair commercial environment,” they tried to rationalize in Ankara.
Another tool recently operated by the Turkish Ministry of Trading with the Ministry of Industry and Technology and the Central Bank is Market Fiyati: a state site to compare prices between the marketing networks. Until the beginning of the week, about 1.76 million users have lowered the widget, where you have to take some networks with more than 200 branches across the country, with a prominent Migros, Creapo and market. In contrast, such smaller can integrate voluntarily.
The economic news site “Economy” pointed to a series of puzzling gaps that arise from the prices on the site, such as a 25% -28% gap in mineral water brands and cheese between the various networks.
Wait for the storm to pass
“Erdogan wants to make businessmen for economic soldiers who do not ask questions, but obey,” concludes Dr. Cohen Jr. Jr.. Therefore, he decided to do a school with a prohibition order from Turkey to people who fly high frequently, including in delegations with the ministers. ”
And what are the reactions in the business sector in Turkey? Dr. Cohen Yerojk says that “when engaged in the future, the question arises as to whether the capital funeral will acquire our heads or to eliminate the situation. These seem to have decided, for now, to assemble a head and try to let the storm go through, hoping that the prohibition of exit from Turkey will be canceled soon. ”
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