Part of 128 billion dollars went to foreigners who came to Turkey for high interest
Bilge Yılmaz, Chairman of the IYI Party Economics, said, “First 128 billion dollars, then 55 billion dollars… The foreign exchange reserves of the Central Bank are being squandered. So, where is it going, why is it wasted”, he publishes a video.
“IT DOESN’T STOP LIKE IT’S COMING BACK”
Bilge Yılmaz, Deputy Chairman of the IYI Party, said, “During Berat Albayrak’s period, these good debts were bought from foreigners, and public banks were bought at a price. So somehow somehow we were delivered to them in a very good way… For that 128 billion high interest, some of it was used and it was sold to them to debut in a very colorful way. And this money is gone and it doesn’t look like it will come back in the short term,” he said.
Bilge Yılmaz said in the video that he published on his social media account today:
“With the applied purchasable, the Central Bank of the Republic of Turkey bought its foreign currency reserves. Long thought, this is a topic that also attracts the public. Here, first 128 billion dollars, then a second 55 billion dollars… Where does this money go, is it spent? Now, according to the correct monetary policies, not in accordance with the correct monetary policies, it is combined with the Turkish lira. And this is the way to buy the value of the dollar and other currency part value into the Turkish Lira you will regret. The dollars saved by the Central Bank of the Republics of Turkey were taken. These set out through the back door and as redirects. So, who took these dollars?
“SO THE CENTRAL BANK SELL DOLLAR TO FOREIGNERS AT A VERY GOOD PRICE”
There is a foreign group that has been investing in Turkey for a long time. These people buy Turkey’s government papers, enter the stock market and the economy is bad, these evictions are from Turkey. These terms, namely, they lent debts of the Turkish state, namely the Republic of Turkey, in Turkish lira. They convert these papers into an affordable value in their time converting them. And as a result, interest rates are increasing. It’s also possible bad weather. This bad aircraft was bought from public banks, from these debts used by this Mr. Berat as Alban. So one we have to deliver from a very good outlet to these. We got it at the best price you have. They will grow the more Turkish lira in their hands very well. In other words, the Central Bank gives dollars to foreigners at a very good price. Part of that $128 billion was sold to them as a very profitable exit as if he had come to Turkey for high interest. And this money is gone and it doesn’t look like it will come back in the short term.
Apart from that, our own people in Turkey will also graduate from the training, especially in reading detailed information about the households that they will not be able to be satisfied with the situation and trust the Turkish lira. This of course increased what was meant to improve. Some went to households, savings of the money that contributed.”