Turkey's new finance minister: no choice but to return to "rational policy"

[new Turkish Finance Minister: there is no choice but to return to "rational policy")-- Turkish new Finance Minister Mohamed Simsek said at the inauguration ceremony on the 4th local time that "Turkey has no choice but to return to rational policy-making." Simshak pointed out that transparency, consistency, predictability and compatibility with international norms will be "our core principles." It is reported that Simsek may be in charge of all Turkey's economic policies in the new cabinet, which is expected to promote Turkey's return to traditional monetary policy, including higher borrowing costs.