Necmettin Erbakan's 1991 Economic Prescription Back on the Agenda
The historical speech by Erbakan prior to the 1991 General Elections, in which he criticized VAT rates, interest rate policies, and the existing economic order, has once again become a topic of discussion on social media and among the public.
Economic evaluations made by Welfare Party Chairman and leader of the main opposition at the time, Necmettin Erbakan, during a special election broadcast prior to the 1991 General Elections have resurfaced on the agenda. At that time, Erbakan had sharply criticized VAT increases, the interest burden, and tax policies.
Discussions on the 1991 Special Election Broadcast
Necmettin Erbakan voiced his economic criticisms in a program that also featured the prime minister of the period and other party leaders.
Figures such as Mesut Yılmaz, Süleyman Demirel, Bülent Ecevit, Erdal İnönü, and Doğu Perinçek were also present on the program.
Reaction to VAT Increases and Interest Order
Erbakan made sharp statements at the time by criticizing the VAT increases and the existing interest order.
Criticizing the approaches of the political parties of the day, Erbakan argued that an order prioritizing justice must be established.
Proposed Economic Policy Steps
In his speech, Erbakan had stated that interest rates would be abolished and unjust taxes would come to an end.
He had emphasized that the mint would not print unbacked money and that the banking order would be changed.