P.A. Turkey

Russian invasion will be highly costly for Turkey: CHP deputy

Russian President Vladimir Putin launched a special military operation for the Donbas region in eastern Ukraine. Amid the military operation, Republican People’s Party (CHP) Sivas Deputy Ulaş Karasu announced that at least 20 billion TL will come out of the state’s pocket for ‘Currency Protected Deposits’ due to the dollar exchange rate.

Turkey’s Ministry of Treasury and Finance had issued a press release regarding the recent developments between Russia and Ukraine and their possible repercussions.

The Ministry announced that the Turkish economy overcame many internal and external shocks due to its ‘solid foundations’.

“Thanks to the steps we have taken with the Turkish Economy Model, we have further strengthened our country’s resilience against difficulties,” Ministery replied.

“Cost will be at least 20 Billion Turkish Liras”

CHP Sivas Deputy Ulaş Karasu announced on his social media account that increase in the dollar exchange rate after Russia’s Ukraine operation will cost the Turkish government at least 20 billion Turkish Liras.

Ulaş made the following statement:

Due to the increasing dollar exchange rate after Russia’s Ukraine operation, at least 20 billion TL will come out of the state’s pocket for Currency Protected Deposits.

Those who say, “We are invited to every table” are doomed to lose at every table.

 

cumhuriyet.com.tr

Translation: Cem Cetinguc