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Erdogan Rejects Possibility of Early Elections in Turkey Because of Lira Rate Collapse

Turkey’s President Tayyip Erdogan strongly rejected the possibility of holding early presidential and parliamentary elections in the country amid a record fall in the Turkish lira exchange rate, TASS reports. 

"I declare that the elections will be held in June 2023. There will be no early elections. I am putting an end to [this issue]," the Turkish leader said speaking at a meeting of the parliamentary faction of the ruling Justice and Development Party.

According to Erdogan, the republic’s authorities "know what they are doing and where they are going."

"We have stated that we will not put pressure on our people either with interest rates or inflation and we are fighting for this. We are on the verge of a breakthrough and we will achieve the results we want," the Turkish President said.


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