Explorer

Erdogan Sworn In As Turkey President For Third Time

Erdogan’s victory, that came amid a cost-of-living crisis, went against the predictions of most opinion polls that predicted a win for his contender Kemal Kilicdaroglu.

New Delhi: Recep Tayyip Erdogan, who has been leading Tukey for the last two decades, took oath as the President on Saturday. The 69-year-old leader, who has been at the helm of Turkish politics for the last 20 years, registered a victory after garnering 52.2% support in the May 28 runoff vote. "I, as president, swear upon my honour and integrity before the great Turkish nation and history to safeguard the existence and independence of the state ... to abide by the constitution, the rule of law, democracy, the principles and reforms of Ataturk, and the principles of the secular republic," Erdogan said in a ceremony at the parliament in Ankara, which was broadcast live on television. 

Erdogan’s victory, that came amid a cost-of-living crisis, went against the predictions of most opinion polls that predicted a win for his contender Kemal Kilicdaroglu.

According to the report, the oath-taking event, that was held at the general assembly in Ankara, will be followed by a ceremony at the presidential palace that will be attended by high-level officials from 78 countries and international organisations, including NATO Secretary-General Jens Stoltenberg, Venezuelan President Nicolas Maduro, Hungarian Prime Minister Viktor Orban and Armenian Prime Minister Nikol Pashinyan.

After the ceremony, Erdogan will most likely name his cabinet ministers, and according to Reuters, he will include former economy chief Mehmet Simsek in his new cabinet.

It is to be noted that the May 14 President election and May 28 runoff was pivotal given the opposition had been confident of ousting Erdogan and reversing many of his policies, including proposing sharp interest rate hikes to counter inflation, running at 44% in April.

According to political experts, if the current policies continue, the Turkish economy is headed for a turmoil given the depleted foreign reserves, an expanding state-backed protected deposits scheme, and unanchored inflation expectations.

Notably, the country has been reeling under a cost-of-living crisis fuelled by inflation that peaked at a staggering 85 per cent in October before easing to 44 per cent last month.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headline

I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
I.N.D.I.A Bloc In Bihar: Here's How Congress, RJD Have Decided To Share Seats After JD-U's Exit
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
'BJP Should Pay Rs 4,600 Crore': Congress Slams Income Tax Dept, ECI After Getting Rs 1,700-Crore Notice
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections: Report
Another Blow To Congress As I-T Dept Serves Rs 1,700-Crore Notice Ahead Of Lok Sabha Elections
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CM
Advertisement
for smartphones
and tablets

Videos

Arvind Kejriwal Arrest: Sunita Kejriwal Launches WhatsApp Campaign To Drum Up Support For Jailed Delhi CMABP SHIKHAR SAMMELAN 2024: Here's What Defence Minister Reveals About His Further Political PlansABP SHIKHAR SAMMELAN 2024: PM Modi's Words & Deeds Aligned, Says Rajnath Singh | ABP NewsMukhtar Ansari Death: BJP MLA hits back at the opposition over gangster's demise, watch | ABP News

Photogallery

Embed widget