Treasury and Finance Ministry
Finance Minister Berat Albayrak has said that he doesn't care about exchange rates and that he doesn't follow them, as the Turkish Lira plumbed to new lows on Sept. 29. Albayrak's comments came after he unveiled the country's new economic program for 2021-2023 based on themes of "new stabilization, new normal, and the new economy." The minister said the Turkish economy is projected to grow 0.3 percent this year.
Turkey's Aktif Bank is suspected of having carried out money laundering on a grand scale for a customer network that includes the scandal-ridden German financial service provider Wirecard and shady figures from the porn industry, according to the FinCEN Files. Aktif Bank is part of Çalık Holding and a number of "suspicious transactions" included in the FinCEN Files were made while Minister Albayrak was the CEO of the holding.
Finance Minister Albayrak downplays lira’s sharp fall via asking ‘Are you getting your salaries in dollars?’
Treasury and Finance Minister Berat Albayrak has downplayed Turkish Lira's sharp fall via asking "Are you getting your salaries in dollars?" "First, let me ask you this; Are you getting your salaries in dollars? Do you owe money in dollars? Do you have any business in dollars?" Albayrak responded to a question on whether the people should be concerned on Aug. 12, prompting surprise on social media.
Turkish Treasury and Finance Minister Berat Albayrak has said that Turkey is waging a struggle for political and economic independence, as he commented on the economic situation of the country amid the coronavirus (COVID-19) pandemic. According to the minister, Turkey is one of the countries that were the least affected by the pandemic in terms of employment and growth.
Turkey's swap negotiations with many countries are continuing and reports of deals reached with Japan and the United Kingdom are not true, state-run Anadolu Agency cited Treasury and Finance Ministry officials as saying on May 19. Turkey has been in talks to establish swap lines with members of G20, with more than one swap line possible, the country's Treasury and Finance Minister Berat Albayrak said early May.