As Turkey's economic difficulties erode his popularity, President Erdogan wants to control inflation by hard choices.
As criticism towards Erdogan grows ahead of the 2023 elections and inflation spiked at 19.6% in September 2021, Turkey’s President asked Agricultural Credit Co-operatives to open 1,000 stores by June 2022. This provides cheaper products and “balance the market”.
Stores purchase products directly from farmers. This announcement to journalists did not reassure neither public opinion nor retailers. “We are sacrificing profitability to meet the needs of customers with a cost price system”
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