Foreign investors show interest in post-election Turkey, expect return to orthodoxy | Orhan Coskun and Birsen Altayli

  • Date: 20-Apr-2023
  • Source: Arab Weekly
  • Sector:Financial Markets
  • Country:UAE
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Foreign investors show interest in post-election Turkey, expect return to orthodoxy | Orhan Coskun and Birsen Altayli

ANKARA –

International investors are looking to increase investments in Turkey, notably in mergers and acquisitions, as they anticipate a shift to a more orthodox economic policy after the May 14 elections, four government officials and analysts said.

Opinion polls show President Recep Tayyip Erdogan facing the greatest electoral challenge of his two decades in power in the presidential and parliamentary votes after an inflation-driven cost of living crisis eroded his support in recent years.