Turkey strips government of role in naming Central Bank chief

Turkey strips government of role in naming Central Bank chief

It is reported by the Anadolu news Agency.

Erdogan, who has transformed Turkey by allowing Islam to play a greater role in public life and boosting the country's worldwide stature, will take his oath nearly two years after defeating a bloody attempted coup.

"Everything went well in the eyes of the people".

Presidential decrees said the central bank governor would no longer have the power to appoint his deputies while Erdogan would now directly name the governor with no need to act in tandem with the government.

Hours after being sworn in with sweeping new powers as executive president, Erdogan appointed his son-in-law Berat Albayrak to the newly created post of treasury and finance minister on Monday.

Hardline Interior Minister Suleyman Soylu keeps his job, while Akar's appointment as defense minister was also a surprise and it remains unclear who will replace him as army chief of staff.

Turkish President Recep Tayyip Erdogan takes oath of office at Grand National Assembly of Turkey in Ankara, yesterday.

The currency has been battered by concern about Erdogan's drive for lower interest rates and comments he made in May saying he planned to take greater control of the economy after the June 24 elections.

Vanderbilt law professor believes Roe v. Wade won't be overturned
While declining to give his personal views on the matter, Kavanaugh has already said when he was confirmed to the D.C. Fitzpatrick said there is a long-held doctrine at the Supreme Court that most justices adhere to, "Let Things Stand".

Government spokesman Dimitris Tzanakopoulos said that "The prime minister will raise the issue at the NATO Summit and at all his meetings and formal interventions, in order to increase pressure on Turkey to release our two soldiers".

The president now sits at the top of a vertical power structure marked by a slimmed-down government with 16 ministries instead of 26 and multiple bodies reporting to him.

Its commentator Asli Aydintasbas wrote: "I don't think it would be an exaggeration to say that we entered a "second republic" era", after the republic set up by Turkey's secular founder Mustafa Kemal Ataturk. "We are leaving behind the system that has in the past cost our country a heavy price in political and economic chaos".

Erdogan's son-in-law, who previously served as energy minister, assumes responsibility for Turkey's finances at a precarious time.

Inflation surged last month above 15 percent, its highest level in more than a decade, despite interest rate hikes of 500 basis points by the central bank since April.

Lawmakers from the ruling Justice and Development (AK) Party and Nationalist Movement Party (MHP) stood up, as is customary, during Erdogan's swearing-in, while opposition Republican People's Party (CHP), Peoples' Democratic Party (HDP) and Good (IYI) Party lawmakers did not. A special one lira coin (less than 25 USA cents) was minted for guests with the image of the presidential palace, dated July 9, 2018.

The state anthems of Turkey and Azerbaijan were played.

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