Turkey's president has outlined government plans to salvage the economy after the value of the Turkish lira sank to a new record low.
Recep Tayyip Erdogan says low-interest rate loans and employer incentives will boost production.
But high inflation is pushing up the cost of goods and making manufacturing more expensive.
Al Jazeera's @Sinem Koseoglu reports from Istanbul, Turkey.
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#AlJazeeraEnglish #Turkey #Lira
Recep Tayyip Erdogan says low-interest rate loans and employer incentives will boost production.
But high inflation is pushing up the cost of goods and making manufacturing more expensive.
Al Jazeera's @Sinem Koseoglu reports from Istanbul, Turkey.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#AlJazeeraEnglish #Turkey #Lira
- Category
- World
- Tags
- Al Jazeera, Economics, Lira
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