Turkish President Erdogan increases salary by 40% amid economic crisis, sparking controversy

ANKARA — Amidst an ongoing economic crisis and the historic decline in the value of the Turkish currency, concerns have been raised about Turkish President Recep Tayyip Erdogan’s decision to increase his own salary by approximately 40%. The move has been met with criticism, as it appears to disregard the hardships faced by Turkish citizens due to the high cost of living and soaring prices.

The salary increase was highlighted by Özgür Özel, the head of the opposition Republican People’s Party (CHP) bloc. He highlighted the stark contrast between the financial difficulties faced by 86 million Turks and Erdogan’s salary increase to 140,000 Turkish liras, approved by his own signature.

The rapid depreciation of the Turkish lira against foreign currencies, particularly following Erdogan’s victory in the recent presidential elections held in May, has further exacerbated the economic challenges faced by the country.