BR100 Decreased By (-0%)
BR30 Increased By (0.56%)
KSE100 Increased By (0.32%)
KSE30 Increased By (0.43%)
AGHA 6.43 Increased By ▲ 0.11 (1.74%)
BECO 4.36 Increased By ▲ 0.09 (2.11%)
BML 62.59 Increased By ▲ 0.14 (0.22%)
BOP 31.43 Increased By ▲ 0.20 (0.64%)
CNERGY 11.68 Increased By ▲ 0.09 (0.78%)
CSIL 5.86 Increased By ▲ 0.14 (2.45%)
FCCL 60.79 Decreased By ▼ -0.75 (-1.22%)
FFL 14.75 Decreased By ▼ -0.27 (-1.8%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.89 Increased By ▲ 0.33 (5.94%)
LOTCHEM 24.70 Increased By ▲ 0.02 (0.08%)
MLCF 103.03 Decreased By ▼ -1.05 (-1.01%)
NBP 173.00 Decreased By ▼ -2.28 (-1.3%)
NCPL 52.10 Decreased By ▼ -0.67 (-1.27%)
NPL 53.90 Decreased By ▼ -0.22 (-0.41%)
OGDC 316.69 Increased By ▲ 3.30 (1.05%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.75 Decreased By ▼ -0.05 (-0.14%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.70 Increased By ▲ 4.89 (2.2%)
PRL 80.60 Increased By ▲ 1.52 (1.92%)
PTC 46.60 Decreased By ▼ -0.25 (-0.53%)
SSGC 23.77 Decreased By ▼ -0.10 (-0.42%)
TBL 9.28 Decreased By ▼ -0.03 (-0.32%)
TELE 7.57 Increased By ▲ 0.18 (2.44%)
TPL 24.70 Decreased By ▼ -0.41 (-1.63%)
TPLP 12.85 Increased By ▲ 0.34 (2.72%)
TREET 25.91 Decreased By ▼ -0.34 (-1.3%)
TRG 53.34 Decreased By ▼ -0.10 (-0.19%)
By

ANKARA: The son-in-law of Turkish President Recep Tayyip Erdogan resigned on Sunday as finance minister, citing health reasons in a statement on his verified Instagram account.

"After serving in ministerial posts for nearly five years, I took the decision not to continue my duty (as finance minister) due to health issues," Berat Albayrak said.

He added he would spend more time with his family whom he said he "neglected", according to the statement.

Albayrak is married to Erdogan's elder daughter Esra and has been finance minister since 2018. He was energy minister before that between 2015 and 2018.

Whether the resignation will be accepted is not yet known.

When Turkish Interior Minister Suleyman Soylu resigned earlier this year, Erdogan refused to accept it and Soylu remains in his post today.

Albayrak's resignation comes a day after Erdogan sacked the central bank governor after the Turkish lira lost 30 percent of its value against the US dollar since the start of the year.

The new governor is former finance minister Naci Agbal who replaced Murat Uysal, who was only in the role for 16 months. Uysal was sacked by presidential decree on Saturday, as his predecessor Murat Cetinkaya was in July 2019.-AFP

Comments

Comments are closed for this article.