Lira crash slams Turkey’s factories, farmers, and retailers
(STL.News) Turkey’s president has outlined government plans to salvage the economy after the value of the Turkish lira sank to a new record low.
Recep Tayyip Erdogan says low-interest rate loans and employer incentives will boost production.
But high inflation is pushing up the cost of goods and making manufacturing more expensive.
Al Jazeera’s @Sinem Koseoglu reports from Istanbul, Turkey.
SOURCE: Al Jazeera News via YouTube