Turkey’s Treasury and Finance Minister Mehmet Şimşek’s economic plans are not instilling confidence among the public. According to economic experts, the policies implemented by Mr. Şimşek are not considered reliable.
There is a growing public perception that living standards are deteriorating, with retirees, civil servants, and minimum-wage earners increasingly facing economic hardship.
If current conditions persist, it appears increasingly unlikely that the incumbent government would secure victory in a potential upcoming election.
It remains to be seen whether President Recep Tayyip Erdoğan will make changes to his cabinet in the near future.