Turkish finance minister quits after president fires governor

Naci Ağbal
New central bank governor Naci Ağbal
Photo: Central Bank of the Republic of Turkey

Turkey’s finance minister resigned on November 8, one day after president Recep Tayyip Erdoğan replaced the country’s central bank governor amid a deepening economic crisis.

Erdoğan issued an official announcement that he had fired governor Murat Uysal and replaced him with Naci Ağbal early on November 7. Ağbal is also a former finance minister and ran the president’s strategy and budget unit until being appointed governor. The next day, the president’s son-in-law, Berat Albayrak, resigned as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: