Published: Mon, July 09, 2018
Business | By Tara Barton

President Buhari Congratulates Erdogan On Election Victory

President Buhari Congratulates Erdogan On Election Victory

Turkish President Recep Tayyip Erdogan is to be sworn in for his second term as head of the state on Monday, taking on greater powers than any Turkish leader for decades under a new system condemned by opponents as autocratic.

Mr Erdogan has led Turkey for 15 years already but the constitutional changes which came into effect when he took the oath of office Monday give him new authority to rule by presidential decree and to assert control over the judiciary.

Marc Pierini, a former European Union ambassador to Turkey and visiting scholar at Carnegie Europe, said Erdogan's new powers would effectively make him a "super-executive president".

The introduction of the new presidential system marks the biggest overhaul of governance since the Turkish republic was established on the ruins of the Ottoman Empire almost a century ago.

The shift to a presidential system will replace the parliamentary system and eliminate the post of prime minister.

Erdogan, who has transformed Turkey by allowing Islam to play a greater role in public life and boosting the country's global stature, will take his oath nearly two years after defeating a bloody attempted coup.

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On the eve of Monday's inauguration, authorities dismissed more than 18,000 state employees - a lot of them from the police and army - in what the government said would be the final decree under emergency rule imposed following a failed 2016 coup.

"Turkey is entering a new era with the presidential oath ceremony on Monday", Erdogan told his ruling AKP party at the weekend.

Erdogan and the media: Do most Turks even care? Erdoĝan has repeatedly clashed with strategic allies such as the USA and the European Union in recent years over the war in Syria, Turkey's accession to the EU, human rights abuses by Ankara, Europe's failure to support Turkey during the coup attempt, and rising Islamophobia in Europe.

He won re-election on June 24, with 52.59 per cent of votes. Ties with the United States and other North Atlantic Treaty Organisation partners also frayed, but Turkey remains crucial for any hope of stability in Syria and Iraq and managing refugee flows to Europe.

The markets will keep a close eye on economic appointments, keen to see a steady hand at the helm in a fast-growing economy dogged by double-digit inflation and a widening current account deficit.

The lira TRYTOM=D3, which is down some 16 percent so far this year, firmed to its highest level since mid-June before falling back to 4.61 against the dollar.

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