Berat Albayrak

Convicted Crime Lord Exposes State – Mafia Relations in Turkey

Sliding in opinion polls amid a severe economic crisis and a surge in coronavirus infections, President Recep Tayyip Erdogan of Turkey is looking unusually embattled these days. And now his administration has been hit by a roiling corruption scandal that some say has a fin de siècle aura about it.

No shortage in Central Bank reserves, Erdoğan says

The Central Bank's foreign exchange reserves incurred no losses as claimed by the main opposition party, President Recep Tayyip Erdoğan said on March 10 while defending the policies of the former treasury and finance minister and his son-in-law, Berat Albayrak, and pointing out that Turkey has realized many achievements during his tenure.

CHP’s campaign against Albayrak targets me, my family: Erdoğan

The main opposition Republican People's Party's (CHP) campaign regarding former Treasury and Finance Minister Berat Albayrak aims to target the president and his family, President Recep Tayyip Erdoğan said on Feb. 22 stressing that the transactions of the central bank in his term were in line with the law.

Turkish economy strong enough to weather fluctuations, says minister

The Turkish economy has a strong structure to weather the effects of the fluctuations in the exchange rate level, Treasury and Finance Minister Berat Albayrak has said.

"The exchange rate goes down, it goes up. What is important is that Turkey manages all this volatility in a controlled way," Albayrak said in an interview with private broadcaster CNN Türk on Aug. 12.

Capital movements affect Turkey like other countries: Minister

Turkey is affected by global capital movements as much as other countries, the finance minister said on Aug. 12, referring to the Turkish lira losing ground. 

"Turkey is affected much less than before from exchange rate volatilities," Berat Albayrak told CNN Turk.

Albayrak stressed Turkey is managing fluctuations in a controlled manner.

Turkey working on broad 'employment shield' package

Turkey is working on a comprehensive "employment shield" package to support jobs in the face of the coronavirus fallout, said the country's treasury and finance minister on June 5. 

Berat Albayrak told journalists in Istanbul, the country's commercial capital, that the issue of employment will top Turkey's normalization efforts.

Turkey in swap talks with G20 members: Finance Minister

Turkey is conducting talks to establish swap lines with members of G20, with more than one swap line possible, said the country's treasury and finance minister.

"We are doing one-to-one swap negotiations with G20 countries with which we have a trade deficit and a free trade agreement," Berat Albayrak said in a closed-door online meeting with international investors.

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