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Turkish Prime Minister Ahmet Davutoglu said on Thursday there would be no continuity problem in the management of the economy after June's parliamentary election, apparently seeking to reassure investors over potential changes to the cabinet.
Uncertainty about a reshuffle has been a source of worry for investors, who regard the economic policy chief, Deputy Prime Minister Ali Babacan, and Finance Minister Mehmet Simsek highly.
Davutoglu told a news conference that his AK Party government would continue to work as a team after June and that even if some posts changed, it would remained unified. "After the election, the AKP government will continue on the same path. There will be no continuity problem in economic management or justice, education and foreign policy," he said.
"Even if offices change, this will not affect the togetherness of this team," he said.
The AK Party has a three-term limit on members running for parliament, which could exclude Babacan after the 2015 vote, though he could still serve as a minister without being in parliament. Simsek faces no such obstacle but it is not clear whether he will remain in the same post.
Davutoglu also said the government was maintaining its target of 4 percent growth this year despite the economy's performance falling somewhat below its expectations in 2014. Gross domestic product grew 2.9 percent last year.

Copyright Reuters, 2015

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