Friday, November 7, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

CHP Spokesman: Turkey Imported $576bn Worth of Gold in 7 months

September 9, 2020
Share on FacebookShare on Twitter

On Tuesday, the official spokesman for Turkey’s Republican People’s Party (CHP), Faik Oztrak, confirmed that Turkey, under President Recep Tayyip Erdogan, has made too many enemies, be it in the neighbouring regions, or in the wider world.

In a video interview published by the Turkey Now website, Faik said that Turkey is striving to buy foreign currencies and gold to safeguard the value of the currency. He noted that Turkey’s imports amounted to $16 billion in the first eight months of this year, of which $4 billion was registered in August alone.

He stated that the countries exporting the most gold to Turkey are Iraq, the Emirates, Switzerland, Libya, and Russia. He added that Turkey has imported gold, with a value of $576 billion dollars, during the first seven months of this year.

The spokesman said, “We are between a rock and a hard place,” in reference to the high prices, and unemployment rates, even with the false figures announced by the Turkish Statistical Institute. He claimed that Turkey was one of 24 countries worldwide suffering from very high inflation rates.

Finally, Faik confirmed that the current Turkish government has no reform plans. According to him, Erdogan is unable to address the current economic problems, in addition to committing mistakes in his foreign policy. “We have now run out of friendly countries worldwide, except for Venezuela and Qatar,” he concluded.

Tags: CHPGoldImportlibyaSpokesmanTurkey
Next Post

EU Pledges Support to Libyan People in Establishing Peaceful and Stable Country

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Hannibal Gaddafi Released After Decade in Lebanese Custody

Libya to Host Africa International Gas Forum 2025

Greece Blocks Asylum for Migrants Crossing from Libya

Italy Arrests 3 Egyptians Accused of Smuggling Migrants from Libyan Shores

Libya Records 60% Growth in Inbound Tourism in 2025

Libya Expands Educational Support for Displaced Sudanese

EDITOR PICKS

Libya Investigates Major Corruption in Foreign Investment Branch in Mali

Italy Arrests 3 Egyptians Accused of Smuggling Migrants from Libyan Shores

Iraq Repatriates 150 Migrants from Libya

Libya Expands Educational Support for Displaced Sudanese

Libya to Host Africa International Gas Forum 2025

Hannibal Gaddafi Released After Decade in Lebanese Custody

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR