Turkish Central Bank Governor Hafize Gaye Erkan announced her resignation in a statement on the "X" platform today, a move that has sparked widespread reactions in economic and political circles. In her message, Erkan indicated that the economic program implemented during her tenure was beginning to bear fruit, highlighting improvements in reserves and economic indicators. However, she clarified that her decision came amid a massive smear campaign targeting her personally, which prompted her to seek resignation to protect her family and young child from the negative impacts of this campaign.
Erkan, the first woman to lead the Turkish Central Bank, received considerable support and appreciation from colleagues and government officials, including Vice President Cevdet Yılmaz, who expressed gratitude for her contributions and services during her term. Yılmaz confirmed that the medium-term economic program announced would continue to be implemented firmly.
Erkan's resignation request comes at a sensitive time for the Turkish economy, as the country strives to enhance its economic stability and achieve sustainable growth in the face of internal and external challenges. In his response, Turkish Finance Minister Mehmet Şimşek stated that the economic program would continue without interruption, emphasizing that "the resignation of Central Bank Governor Erkan was her decision.”
