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Economic challenges: Imran voices support for Turkey

ISLAMABAD: Prime minister-in-waiting Imran Khan on Tuesday voiced support for Turkish President Tayyip Erdogan and the people of Turkey in successfully tackling economic challenges facing the country.

In a tweet, the PTI chief said the people of Pakistan are praying for Turkey’s success in dealing with severe economic challenges confronting it.

He said: “On behalf of the people of Pakistan & myself, I want to let President Erdogan & the people of Turkey know we are praying for their success in dealing with the severe economic challenges confronting them, as they have always succeeded against adversities in their glorious history.”

The Turkish lira pulled back on Tuesday from a record low hit a day earlier, helped by the central bank’s liquidity measures and news of a planned conference call in which the finance minister will seek to reassure investors, according to a report.

The lira which closed at 6.9 per dollar on Monday, has weakened 45 percent this year, hit by worries over President Tayyip Erdogan’s calls for lower interest rates and worsening ties with the United States.

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