Turkey’s Erdogan Meets Former Finance Minister in Cabinet Planning

Mehmet SimsekSource: Bloomberg)

Turkey’s Recep Tayyip Erdogan met Mehmet Simsek, a market-friendly former finance minister, in the capital Ankara on Monday as the president looks to announce a new cabinet as early as Friday, according to two people familiar with the discussions.

Influential names within Erdogan’s circle are arranging the talks, the people said, asking not to be named because the talks are private. Erdogan, who was reelected Sunday and is now preparing the ground to extend his 20-year rule into a third decade, has promised his new economic team would have “international credibility.”