Türkiye's capital markets will be cleansed of 'greedy parasites': Erdoğan

Economy

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Türkiye's capital markets will be cleansed of 'greedy parasites': Erdoğan

Daily SabahOct 7, 2026

President Recep Tayyip Erdoğan announced plans to reform Türkiye's capital markets, aiming to eliminate what he termed 'greedy parasites.' This statement comes amid ongoing financial turmoil in the country, as the government seeks to stabilize the economy and restore investor confidence.

Erdoğan emphasized that these reforms are essential for the long-term health of Türkiye's financial system. He believes that by cleansing the markets, the government can create a more transparent and fair environment for investors.

The announcement reflects the government's commitment to addressing economic challenges and improving the overall investment climate in Türkiye. As the country navigates these turbulent times, the focus remains on fostering sustainable growth and protecting the interests of the public and investors alike.

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