Müsavat Dervişoğlu Criticizes Erdoğan’s Economic Policies
Who Raised Concerns?
Müsavat Dervişoğlu, the leader of the İYİ Parti, voiced strong criticism against President Erdoğan’s economic strategies during a recent party group meeting.
What Was Discussed?
Dervişoğlu highlighted the dire state of Turkey’s economy, pointing out the escalating personal debt crisis, with a startling increase in the number of individuals unable to pay off their credit and credit card debts.
When Did He Make These Remarks?
The speech was delivered during an İYİ Parti group meeting, taking place amidst growing concerns about the nation’s financial direction as 2024 approaches.
Where Is The Crisis Most Evident?
According to Dervişoğlu, the financial strain is nationwide, but the impact is particularly hitting individuals, affecting families across the country.
Why Is The Issue Critical?
As of the end of 2024, an estimated 5 million people are struggling with unresolved credit and credit card debts. Including their families, this translates to over 20 million Turks affected by financial stress, underlining the widespread nature of the issue.
How Did The Situation Reach This Point?
Dervişoğlu blamed the administration’s mismanagement of economic policies, leading to a significant rise in the number of people subjected to legal actions due to debt. Compared to 2023, the figure has nearly doubled, nearing 15 million, illustrating a profound economic crisis.
- Over 20 million Turks are affected by runaway credit card debt.
- The number of legal actions related to debt has almost doubled from the previous year.