Erdogan's reelection raises questions about Turkey's economic future.

Re-elected President Erdogan of Turkey's unconventional economic policies, including repeatedly lowering interest rates, have fueled inflation and eroded the value of the Turkish lira. The national budget is also under increasing strain due to earthquake damage and pre-election spending. Critics hope the appointment of former finance minister and deputy prime minister Mehmet Simsek to the cabinet will signal a policy shift, but others are skeptical. Erdogan's reliance on allies like Russia, Qatar, and Saudi Arabia to bolster reserves is also a cause for concern.