A former prime minister and close ally of President Tayyip Erdogan strongly crit...
ANKARA - A former prime minister and close ally of President Tayyip Erdogan strongly criticized the ruling AK Party on Monday, blaming policy changes and an alliance with nationalists for its poor performance in Turkey’s local elections last month.
Davutoglu, a high profile figure in the party, served as prime minister between 2014 and 2016 before falling out with Erdogan, who has ruled Turkey with his AKP for 16 years. The AKP and the Nationalist Movement Party formed an alliance before presidential and parliamentary elections in June last year in which Erdogan won the executive presidency but saw the level of support for his party fall.There were no signs of a lira reaction to Davutoglu’s statement. The currency had weakened in early trade and stood at 5.8350 against the dollar, from a close of 5.8170 on Friday.
The Turkish economy slipped into recession in the last quarter of 2018 after a currency crisis which has wiped 35 percent off the value of the lira since the start of last year.
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