Popular News From Popular Sites: Turkish deputy PM Babacan to maintain oversight of economy: officials

Sunday, August 31, 2014

Turkish deputy PM Babacan to maintain oversight of economy: officials

Turkey's Deputy Prime Minister Ali Babacan leaves Kocatepe Mosque after Friday prayers in Ankara Turkish Deputy Prime Minister Ali Babacan will retain overall responsibility for the economy in the new government, senior officials told Reuters late on Saturday, a move likely to ease concerns of a turf war within the cabinet. Babacan, and more recently Finance Minister Mehmet Simsek, have been part of a well-respected economics team that has helped steer Turkey through a decade of growth and stability. The announcement of new Prime Minister Ahmet Davutoglu's cabinet on Friday saw both men retain their posts. "Babacan will be in charge of economic affairs.




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