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Turkish Finance minister quits

Date: 11 November 2020 Tags: Appointments & Resignations
  • Turkey’s finance minister announced his resignation from his position over escalating fallout over the country’s collapsing economy and plunging currency.
  • Albayrak is married to Erdogan’s elder daughter Esra and has been finance minister since 2018. He was energy minister before that between 2015 and 2018.
  • Albayrak has presided over a rough period in the Turkish economy. The country was recovering from a currency crisis in 2018 when the coronavirus pandemic hit and Albayrak’s stewardship.