Turkish President Recep Tayyip Erdogan announced today, Wednesday, that "there will be no early elections in the country" before the scheduled date in June 2023. The Deputy Chairman of the Republican People's Party and its spokesman, Faik Oztrak, had stated that "early elections are the solution to overcome the crises facing Turkey." He explained that "countries with economies similar to Turkey's have increased or are preparing to raise interest rates," emphasizing that "currently, the most important thing for the Turkish economy is to end the excessive volatility of the exchange rate and economic instability."
Last Saturday, the leader of the opposition Democracy and Progress Party in Turkey, Ali Babacan, called for immediate early elections to resolve the financial crisis; however, he mentioned that Erdogan would not agree since he is unlikely to win under current circumstances. In November, Erdogan responded to the opposition's call for early elections by stating that the presidential and parliamentary elections in Turkey would proceed as planned in June 2023.
Leaders of the main opposition parties in Turkey, Kemal Kilicdaroglu and Meral Aksener, have accused the Turkish president of incompetence and called for early elections in light of the record decline in the value of the lira. Opposition parties in Turkey are increasingly demanding early elections while President Recep Tayyip Erdogan insists on refusal, as the economic crisis significantly impacts his popularity.