Funding defense projects ? Nobody is talking about interest rates
In 2001, 47.2% of total budget expenditures were interest expenditures .... ( resmen kanımızı emiyorlardı )
but ERDOGAN lowered interest rates from 24% to 4,9% between 2003 and 2013 .. and for the first time, the ratio of interest expenditures to budget expenditures fell below 10%
so Erdogan saved our 700 billion TL from blood sucker international interest lobby between 2003 and 2013 ....
( as of 31.12.2013 1 USD was 2.1 TL ... so 700 billion TL = $330 billion .. what a great money )
Government would modernize whole Turkey including military for $330 billion , therefore led by Erdogan Turkey develops around 700 military projects for over $70 billion
but since 2013 Turkey and Turkish Economy under attack by the West led by the US
-- GEZI Park rebellion in 2013
-- 17-25 december 2013 judical coup attemt by FETO
-- PKK terror rebellion in 22 cities by 2015
-- 14 major ISIS terror attacks in Turkey between 2015 and 2017
-- 15 july 2016 military coup attempt by FETO
-- TRUMP attacked Turkish Economy in 2018 and 1 USD has risen to 7,2 TL from 3,9 TL in a few months
also while the rate of interest expenditures in budget expenditures was 9.1% in January 2018, this ratio increased to 13.4% in August 2018
between 2013 and 2018 interest rates have risen to 16,5% from 4,9%
between may 2013 and august 2018 1 USD has risen to 7,2 TL from 1,8 TL
and Turkish economy lost hundreds of billions of dollars ... why ?
-- Turkish Navy blocked Western energy companies to steal oil/gas reserves from the Turks in the Eastern Mediterranean
-- Turkish military operations in Syria to block the US/France backed Pkk/Ypg terror corridor in N.Syria
still the UK based Banks attack Turkish Economy because of Turkey backed GNA is kicking all of them in Libya