Abdulkadir Özkan: "An economic crisis that no one responsiple of it"

Abdulkadir Özkan: "An economic crisis that no one responsiple of it"
Date: 1.12.2020 17:00

Milli Gazete columnist Abdulkadir Özkan writes on economy. Here is the full article.

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It is not possible to determine how the economic situation is by looking at the official figures. Because there are hesitations about the announced figures of unemployment, inflation, economic growth and debt stock. The announced figures and the numbers we come across in the market do not match. Especially the rise in prices in the last year is enough to shake people's confidence in the announced figures. It is possible to say different things about what is effective in this, but I think the main problem is that the practices of the rulers, which can change from day to day, have a big share. In addition to this, it is shown as either the opposition or the managers who were dismissed or had to leave the responsibility of the negativities. As such, it is not possible to account for negativities.
 
As it is known, the President of the Republic complained about the high interest rates until recently, and especially called on the Central Bank general managers to lower the interest rates. This approach, of course, was an approach we applaud, but the bureaucrat who refused to lower the interest rates was dismissed, and the one who followed him constantly lowered the interest rates. However, he did not win the admiration of the political will and was dismissed. Those who took office after that, applied an interest increase of more than 4 percent in one item. However, it seems that this did not help the economy to recover.
 
Apparently, it was not correct to make an atmosphere like Berat Albayrak, the Minister of Treasury and Finance, who had to resign, who was responsible for the economy reaching such an undesirable point. but it was short-lived. Nearly half of the drop in foreign currency returned again, showing that Berat Albayrak was not the issue, the economy was already derailed.
 
Nowadays, there has been a number of reforms. Action was taken for justice and economic reform. However, as we are accustomed to it, it is not possible for the main culprits of the problem to be held or held accountable. Because those who say the last word are not thought to be responsible. Trying to get out of the business by blaming only those who follow the given instructions,
 
In the meantime, the criticism that the path traveled in the economy for years was not healthy and that transferring it to infrastructure instead of increasing production investments would not be a solution to the problem, and the issue was settled by being accused of treason or ignorance. However, despite all the changes, the opposition continues its criticism. For example, while Babacan, who was at the head of the economy, called to the power, "Do not bother the tradesmen", Fahrettin Yokuş, the Good Party official, said, "The budget will deficit again. This will return to citizens as a raise and tax, ”he points out. Regardless of what the opposition says, considering that the ruling wing will not heed these words, it will be accused of disruption, and it will not be considered whether these statements are justified. As a result, the economic crisis will continue, but somehow it will not be found.

YEREL HABERLER

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