Sboll is Your Go-to Source for the Latest Finance News, Covering Markets, Banking, Investments, Economy and Stocks.
⎯ 《 Sboll • Com 》

Turkey Heads for Runoff Elections With Erdogan Ahead of Rival

2023-05-15 20:49
Turkey will hold a runoff election in two weeks after no presidential candidate won an outright victory in
Turkey Heads for Runoff Elections With Erdogan Ahead of Rival

Turkey will hold a runoff election in two weeks after no presidential candidate won an outright victory in Sunday’s elections, according to the High Election Board.

The result means President Recep Tayyip Erdogan will run against top opposition candidate Kemal Kilicdaroglu on May 28.

Erdogan won 49.5% of the votes while Kilicdaroglu secured just under 45% support, short of the 50% threshold needed to avoid a runoff, Ahmet Yener, head of the electoral board, said in televised comments on Monday.

The incumbent president, who is set to retain a parliamentary majority together with his allies, is likely to have a more comfortable race against Kilicdaroglu in the the runoff where there is no threshold but the winner is determined by the number of votes.

Author: Firat Kozok, Selcan Hacaoglu and Beril Akman