Erdogan takes oath for new term as Turkish president
Tayyip Erdogan receives his election mandate from Devlet Bahceli, speaker of the parliament, after taking oath of office in Ankara on Saturday. Reuters
Turkey's Recep Tayyip Erdogan was on Saturday sworn in for a third term as president, promising to serve "impartially" after winning a historic runoff election to extend his two-decade rule.
The inauguration in parliament will be followed by a lavish ceremony at his palace in the capital Ankara attended by dozens of world leaders.
Turkey's transformative but divisive leader won the May 28 runoff against a powerful opposition coalition, despite an economic crisis and anger over a February earthquake that killed more than 50,000 people.
Erdogan won 52.18 per cent of the vote while his secular rival Kemal Kilicdaroglu scored 47.82 per cent, official results show.
"As president, I swear upon my honour and integrity, before the great Turkish nation ... to work with all my power to protect the existence and independence of the state ... and to fulfil my duty impartially," Erdogan said in parliament after a ceremony outside the building where he saluted soldiers under pouring rain.
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Supporters in parliament gave Erdogan a minute-long standing ovation after his swearing in, while some opposition lawmakers refused to stand up.
In his oath, Erdogan also promised not to deviate from the rule of law and the secular principles of the republic founded by Mustafa Kemal Ataturk 100 years ago.
Turkey's longest-serving leader now faces significant immediate challenges in his third term, including the slowing economy and tensions with the West.
Tayyip Erdogan arrives to attend the oath ceremony in Ankara. Retuers
Azerbaijan's President Ilham Aliyev, Iran's vice president Mohammad Mokhber, Hungary's right-wing Prime Minister Viktor Orban and the speaker of the lower house of Russia's parliament, Vyacheslav Volodin, are among the foreign guests expected at the ceremony later on Saturday.
Armenia's Prime Minister Nikol Pashinyan will also be present, his office said, the latest sign of a thaw between the two arch foes.
Biting economy
Addressing the country's economic troubles will be Erdogan's first priority, with inflation running at 43.70 per cent, partly due to his unorthodox policy of cutting interest rates to stimulate growth.
Recep Tayyip Erdogan reviews a military honour guard at the Grand National Assembly in Ankara. AP
The president is due to unveil his new cabinet on Saturday, with media speculating that former finance minister Mehmet Simsek, a reassuring figure with international stature, could return.
A former Merrill Lynch economist, Simsek is known to oppose Erdogan's unconventional policies.
He served as finance minister between 2009 and 2015 and deputy prime minister in charge of the economy until 2018, before stepping down ahead of a series of lira crashes that year.
"Erdogan's government looks like it will pursue an orthodox stabilisation programme," said Alp Erinc Yeldan, professor of economics at Istanbul's Kadir Has University.
"What we see now is that the news about Mehmet Simsek and his team is greeted with enthusiasm by the markets," he told AFP.
Turkey's new members of parliament were sworn in on Friday in its first session after the May 14 election, with Erdogan's alliance holding a majority in the 600-seat house.
Kilicdaroglu's future as leader of the CHP party remains in doubt following his defeat to Erdogan.
The president is due to unveil his new cabinet on Saturday, with media speculating that former finance minister Mehmet Simsek, a reassuring figure with international stature, could return.
A former Merrill Lynch economist, Simsek is known to oppose Erdogan's unconventional policies.
He served as finance minister between 2009 and 2015 and deputy prime minister in charge of the economy until 2018, before stepping down ahead of a series of lira crashes that year.
"Erdogan's government looks like it will pursue an orthodox stabilisation programme," said Alp Erinc Yeldan, professor of economics at Istanbul's Kadir Has University.
"What we see now is that the news about Mehmet Simsek and his team is greeted with enthusiasm by the markets," he told AFP.
Turkey's new members of parliament were sworn in on Friday in its first session after the May 14 election, with Erdogan's alliance holding a majority in the 600-seat house.
Kilicdaroglu's future as leader of the CHP party remains in doubt following his defeat to Erdogan.
Erdogan, 69, became prime minister in 2003 after his AK Party won an election in late 2002 following Turkey's worst economic crisis since the 1970s.
In 2014, he became the country's first popularly elected president and was elected again in 2018 after securing new executive powers for the presidency in a 2017 referendum.
The May 14 presidential election and May 28 runoff were pivotal given that the opposition had been confident of ousting Erdogan and reversing many of his policies, including proposing sharp interest rate hikes to counter inflation, running at 44% in April.
In his post-election victory speech, Erdogan said inflation, which hit a 24-year peak of 85% last year before easing, was Turkey's most urgent issue.
Agence France-Presse/ Reuters
