Exacerbating economic problems with wrong policies instead of solving them continues to reflect on citizens as impoverishment and cost of living.
While the depreciation of the Turkish Lira accelerated once again yesterday, it is not possible to see any concrete measures from the economy management.
RISK PREMIUMS AT THE HIGHEST SINCE 2008
In the 2.5 months that passed after the Treasury and Finance Minister Nabati's statement on March 21, "The TL will not lose any more value", the depreciation of the TL has also approached 20 percent.
The dollar, which was 14.84 liras on March 21, rose to 17.18 liras yesterday, while the Euro saw the level of 18.50. The gram of gold, which was supported by the dollar, exceeded 1020 liras.
Quarter gold was traded at 1645 liras. Turkey's risk premium also increased by 29 points and traded at 764 basis points, the highest level since 2008.
HOUSING RENTAL INCREASE WILL NOT EXCEED 25 PERCENT
As the economy goes downhill at full speed, like a truck with a blown brake, the steering wheel looks empty. As such, the Ministry of Justice had to handle the rent increase prices.
Minister of Justice Bekir Bozdag, "As a result of our work, a temporary provision will be added to the Code of Obligations in the Justice Commission, regarding the validity of the increases to be made in rental agreements to be renewed until July 1, 2023, provided that they do not exceed 25 percent of the previous rental year. AK Party group, MHP group will bid there and they will be added there. Thus, it is possible to increase the rents of the residences for a period of one year, not exceeding 25 percent of the previous year's rental price. It is clearly stated that the increase to be made above this is not valid. While making this arrangement, we paid particular attention to the fact that it was temporary. A temporary arrangement. In this arrangement, we have taken care to ensure that both of them make a certain sacrifice without prejudice to the law of the tenant and the owner. I hope it lives up to expectations. I hope it produces the results we expect," he said.
“WE ARE COMMITTED AT THE PROTECTION POINT”
Minister of Justice Bozdag, reacting to the European Parliament's (EP) 2021 Turkey Report, said that they expect it to always be objective and impartial towards Turkey.
"We want other countries to treat Turkey in the same way as they treat Greece, France and Germany, and to look at Turkey with the same eye as they do to them, but they do not. They look at Turkey through the eyes of terrorist organizations. They create reports about Turkey with the writings and drawings of terrorist organizations. Then they criticize Turkey, saying, "Why don't you take our reports into consideration?" We have seen every report that is free from prejudice, objective, fair and unbiased against Turkey, and we have done what is necessary. We are determined to protect the law of the Turkish nation and the Republic of Turkey, regardless of who accepts a report, not the European Parliament, that distorts what is happening in Turkey, reflects the words of terrorist organizations in their reports, and makes a prejudice against Turkey. We have done and will continue to do what is necessary in every subject that is impartial, hiding from these criticisms, and we invite our interlocutors to act impartially towards us," he added.