The Reserve Bank's Monetary Policy Committee (MPC) decision to hike policy rates by 50 basis points to 8.25% last month received several criticisms. 

Analyst Duma Gqubule asserts that the Bank's decision was irrational and was political suicide that could trigger a recession before the 2024 elections. Instead, the Turkish economy and President Recep Tayyip Erdoğan are revered by the author as role models to follow...

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