NEW Party Member Karabat Argued that Foreign Investors Would Not Come After the Fund Crisis.
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Özgür Karabat, a New Party Istanbul MP, argued that the fund crisis in the stock market has further damaged investor confidence in Turkey. Stating that Turkey needs long-term capital rather than hot money, Karabat emphasized that trust in the rule of law, regulations, oversight, and markets is crucial in investment decisions.
Özgür Karabat, a member of parliament from the NEW Party, stated that trust in the legal and oversight mechanisms in Turkey has been damaged, hindering long-term investments. Karabat argued that the funding crisis further deepened the trust issue.
Sharing data from the WJP and the World Bank, Özgür Karabat stated that Türkiye has fallen to 118th place in the rule of law index. Karabat emphasized that the funding crisis has eroded confidence and caused long-term capital to withdraw from the market.
Özgür Karabat, a New Party Istanbul MP, stated that foreign investors will not come to Türkiye due to a lack of confidence following the funding crisis. Karabat said that Türkiye needs long-term capital, not hot money, and that trust must be established first for this.
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