Lira crash slams Turkey’s factories, farmers and retailers
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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. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Turkey #Lira