New Turkish cabinet almost certain to include Simsek, sources tell Reuters

Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet either as finance minister or as a vice president responsible for the economy, four senior officials said.

A key role for Simsek, highly regarded in financial markets as an orthodox manager, could signal a departure from a years-long unorthodox policy underpinned by low interest rates despite high inflation and heavy state control of markets.

Erdogan's office was not immediately available to comment, nor was Simsek.

Chairing his old cabinet for the last time on Wednesday, Erdogan is set to announce his new cabinet by Friday or Saturday, officials said, adding it is almost certain to include his spokesman Ibrahim Kalin and intelligence chief Hakan Fidan.

The four officials who spoke to Reuters said no final decisions had been made...

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