Turkey’s economic struggles
Will inflation continue to surge?
Turkey’s annual inflation rate hit 36.1% in 2021, the highest in President Erdogan’s 19 years in power. In the meantime, the Lira has lost more than 40% of its value. sits down with , Deputy Chief Economist of the Institute of International Finance, and , Professor of Economics at Bilkent University, to discuss the circumstances that have contributed to these developments and the outlook for Turkish economy.
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