Uptade Post-election crossroads: Turkish economy weighs options

ANKARA: After nationwide local elections on March 31 dealt a surprise blow to Turkiye’s ruling AK Party, eyes are now turning to the economy to see if the divided political landscape will translate into tougher economic measures in the period ahead.

The AKP came second in the polls for the first time since taking power in 2002, with most experts suggesting the results were largely driven by economic hardship, with skyrocketing inflation of nearly 70 percent and declining purchasing power.

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