Steering Turkey towards a sustainable economic path will require a sharp rise in borrowing costs and a further lira depreciation, with the country’s foreign currency war chest “dangerously” depleted by unorthodox policies and at least $23bn used to prop up the lira before May’s election.
要想讓土耳其走上可持續的經濟道路,就需要大幅提高借貸成本,并讓里拉進一步貶值。目前,土耳其的外匯儲備已因為非常規政策“危險地”耗盡,在5月大選前,土耳其至少動用了230億美元的儲備來支撐里拉。
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