The Turkish Government has announced reforms as economic conditions in the country remain dire.

The Turkish Lira has deteriorated in value, and many common goods are becoming prohibitively expensive. For example, onions are an important ingredient in many Turkish dishes, but the cost of onions has doubled in the last week. Many customers have been so surprised by the rapid increase in prices that they have returned goods which they were about to purchase upon hearing the price.

The Turkish economy is heavily reliant on foreign imports. Turkey imports critically important goods ranging from food to building materials. As such, the Lira losing a third of its value has wreaked havoc on the Turkish economy in a relatively short amount of time. Costs have gone up significantly in the last few months.

The Turkish Government has already tried to solve the problem by buying food directly from farmers and selling it to the consumers. They have cut out the middlemen in the hopes of cutting costs. They have even cut import tariffs on certain goods, but many are now wondering how long this market manipulation can last.