Turkey is heading towards a critical presidential election in which the two main candidates, Erdogan and Kilicdaroglu, are doing everything to win the election. Erdogan has been  president for a couple of decades and utilised his own vision within and outside Turkey. During his era, Turkey has been through ups and downs in terms of economy as inflation rate & interest rate went up most recently due to the pandemic and the devastating earthquake in February. Notably, the cost of living in Turkey is higher these days and middle class & lower middle-class citizens are struggling.

A few days before the presidential election, Erdogan announced that they will increase “public workers’ salaries by %45 which means the lowest wage will be TL 15.000 ($768) monthly” he also pledged to shrink the interest rate to minimum. Besides that, he indicated their vision to decrease the inflation rate starting from July alongside welfare pay.

According to economists and political experts, Turkey’s economic situation will be crucial for the presidential election and will be decisive in changing Turkish people’s perspective towards their future and that of the country. However, expectations are yet to make us certain of the next Turkey president, but of course the economy will be a massive factor to the matter.