Lira crash slams Turkey’s factories, farmers and retailers

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Al Jazeera English published this video item, entitled “Lira crash slams Turkey’s factories, farmers and retailers” – below is their description.

Turkey’s president has outlined government plans to salvage the economy after the value of the Turkish lira sank to a new record low.

Recep Tayyip Erdogan says low-interest rate loans and employer incentives will boost production.

But high inflation is pushing up the cost of goods and making manufacturing more expensive.

Al Jazeera’s @Sinem Koseoglu reports from Istanbul, Turkey.

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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    Turkey, officially the Republic of Turkey, is a transcontinental country located mainly on the Anatolian Peninsula in Western Asia, with a smaller portion on the Balkan Peninsula in Southeastern Europe.

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