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Erdogan Readies Debt Relief for Millions

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“Turkish President Recep Tayyip Erdogan is preparing to announce what could be his costliest pre-election giveaway yet with a plan to offer debt relief to millions of people. Under the proposal, outlined Friday by the ruling AK Party, the government would erase interest payments accumulated by consumers up to the last day of 2022,” Bloomberg reports.

“It could also allow for an extensive restructuring of debts ranging from student loans and administrative fines to water bills.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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