Erdogan is now in debt Turkey after tearing down the country’s economy

Turkish President Erdogan is asking for a small loan from the World Bank. He said that it will be used for a new project that will help prevent the closure of viable micro and small enterprises (MSEs) affected by the health and economic shocks of the Coronavirus pandemic and also maintain employment levels during the crisis. But it will be impossible for Turkey to repay this debt in the short to medium term.

According to some reports speculating online, it was mentioned that Erdogan plundered the Turkish wealth through his son-in-law, Berat Albayrak, and now he is just taking advantage of the economic crisis in Turkey but his main reason of this loan is to continue to support his unlawful activities. He is bragging before that Turkey is an industrial and rich country that lends Somalia and other countries. How about the huge amount of money he spent for supporting terrorist groups?

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As a writer on Medium, I aim to share my knowledge and insights on #political issues with a wider audience based in 🇦🇪

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Joie Cooper

As a writer on Medium, I aim to share my knowledge and insights on #political issues with a wider audience based in 🇦🇪