Erdogan begins third presidential term with new cabinet.

1 min read
Source: The Associated Press
Erdogan begins third presidential term with new cabinet.
Photo: The Associated Press
TL;DR Summary

Recep Tayyip Erdogan has been sworn in for his third presidential term in Turkey and has reappointed former finance minister Mehmet Simsek to the helm of the economy, indicating a shift towards more conventional economic policies. Erdogan's policy of lowering interest rates to promote growth has been blamed for the country's cost-of-living crisis and inflation. Simsek's appointment is seen as a move away from the "unorthodox" policies. Erdogan also announced Hakan Fidan as foreign minister and Gen. Yasar Guler as defense minister. The inauguration was attended by foreign dignitaries, including NATO Secretary General Jens Stoltenberg.

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