Nureddin Nebati, Minister of Treasury and Finance, held a series of meetings with senior managers of various banks and investors in London, England. Economists evaluated the contacts of Nabati, who went to London to find hot money, to the Milli Gazete. Speaking to our newspaper, Osman Altuğ stated that hot money would not be enough to fix the economic problems in Turkey, while Bartu Soral said that the government was trying to save the situation until the elections.
“HE IS GOING TO LONDON TO FIND HOT MONEY”
Prime Minister of the 54th Government, Prof. Dr. Necmettin Erbakan's economic advisor Prof. Dr. Osman Altuğ made remarkable statements about Minister Nabati's London contacts. Emphasizing that he went to London to find hot money, Altuğ said that Turkey became a country that tried to cover the debt with debt during the Justice and Development Party (AKP) period. Stating that hot money is short-term and underlining that Turkey needs long-term debt, Altuğ said, " I don't expect a great development from his London visit. The bundle is so torn… Even if hot money is found, it would be equivalent to an interest rate hike.”
EFFORTS TO SAVE THE SITUATION UNTIL THE ELECTION…
Economist Bartu Soral, who spoke to the Milli Gazete, also expressed important words. Soral stated that the solution to Turkey's economic problems does not pass through London. Stating that Minister Nebati went to London to get political support and to find hot money, Bartu Soral said, “London is one of the two centers where financial capital is traded. Nabati went to London in the hope of supplying hot money sources. They are trying to save the situation until the elections." Soral also noted that Turkey's economic problem is the lack of production.