Weekly Tracker: March 9-15

TURKEY - Report 09 Mar 2014 by Murat Ucer and Atilla Yesilada
Executive Summary Erdogan’s admission of culpability to graft may be a calculated tactic to present the voter with a binary choice, but it raises post-local election risks significantly. February polls reveal a lot of confusion and no material change in party standings. We maintain that no matter how AKP scores in March elections turmoil in Turkey will not subside until August presidential elections. February cash budget showed some signs of (primary) expenditure restraint, but revenue performance seems to be weakening as well, while the sustainability of the former is questionable in a wea...

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