Virtual salary increase of… 50.44% (from 2,825 to 2 4,250 next year) was announced by Recep Tayyip Erdo .an on Thursday. At the time the pound is falling, the Turkish president is living in his own virtual reality, asking companies to pay… employees in pounds instead of dollars or euros.
“In this country, did you pay the workers in dollars or euros? You do not need such speculative moves. We have our own currency, and that is the Turkish pound. “We will not allow our currency to succumb,” he said.
“Now there are some difficulties and with God’s help we will soon overcome them,” said the Turkish president, expecting help from the Almighty for his disastrous policy.
“I believe that with the new measures that we will implement in the coming days, we will take important steps to restore the climate of stability and trust,” added Manolis Kostidis.
It is noted that the pound recorded a devaluation of 5.18% against the euro, ie in one day the workers lost 5.18% of their purchasing power!
Earlier, the Turkish central bank decided to reduce its key interest rate by one percentage point to 14% despite a spike in inflation (above 21% – officially…)
In a presidential decree issued at midnight on Wednesday, Erdogan beheaded senior Finance Ministry officials. Among the officials he beheaded are Deputy Ministers Erkan Gul and Hamdi Gildirim. Erkan was placed in the then clearings in January…
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