Agbal builds trust in Turkey

Naci Agbal spent most of his career as a technocrat at the Turkish ministry of finance. Euromoney spoke to Agbal about his new role as finance minister when the world around him seems to be falling apart.

Turkey_Agbal_illustration-600

It is mid-morning on May 5, and Turkey’s capital Ankara is, if not in turmoil, then undergoing a reasonable approximation of it.

For days, rumours have rippled through the city that Turkey’s increasingly autocratic president Recep Tayyip Erdogan has claimed another in a long line of scalps, this time the head of the well-liked prime minister Ahmet Davutoglu. The markets, too, are uneasy, with the lira and Borsa Istanbul’s benchmark index suffering the biggest falls of the year.

Thanks for your interest in Euromoney!
To unlock this article: