who s based in the turkish capital, ankara. the tour, a lot ahead for president erdogan, he thinks cost of living crisis is manageable is it? that crisis is manageable - is it? that is an excellent crisis is manageable - is it? that is an excellent question, - crisis is manageable is it? twat is an excellent question, and one had so many economists across the world are wondering about, because he has pursued such unorthodox economic and monetary policies over the last several years, he has put a lot of pressure on the central bank not to raise interest rates, as most central banks usually do to combat rising prices, and that has let inflation run away. as you said, inflation run away. as you said, inflation currently at 44%, it topped out at 88.5% last year, so household is really feeling the pinch, and the question is whether president erdogan will put a team around him now who will sort of convince him that more orthodox monetary policy is the way to go. the thing is,
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the thing is, that will also come with a hefty dose of economic pain for households, so a question of how patient households on the government can be in normalising the economy here, especially with other, local elections coming up injust a year, so campaign season, although the presidential election is done and dusted now, there is still another campaign that will get under way shortly. campaign that will get under way shortl . . , . ., , shortly. and after big elections, ou often shortly. and after big elections, you often see shortly. and after big elections, you often see the shortly. and after big elections, you often see the successful- you often see the successful candidate can blame the previous administration, we are going to clean it up, this is our new policy he has no one else to blame but himself, does he? it - he has no-one else to blame but himself, does he? - he has no-one else to blame but himself, does he? it depends on who ou ask, himself, does he? it depend