10th government of Turkey 10th government of Turkey The 10th government of Turkey (11 November 1938 – 25 January 1939) was a short-term government in the history of Turkey. It is also called "Second Bayar government". Mustafa Kemal Atatürk, the president and the founder of modern Turkey, died on 10 November. İsmet İnönü was elected as the new president, and consequently the 9th government of Turkey (First Bayar government) resigned. İnönü appointed Celal Bayar of the Republican People's Party (CHP) for the second time. The Second Bayar government was similar to the First Bayar government, but Interior Minister Şükrü Kaya and Foreign Minister Tevfik
Central Bank of the Republic of Turkey fulfill this aim, the Bank was given the following duties: With the introduction of economic development plans in Turkey in the 1960s, several changes were made in the Central Bank Law. For the same purpose, the Law No. 1211, which was enacted on 26 January 1970, redefined the duties and responsibilities of the Central Bank of the Republic of Turkey, so as to implement the money and credit policy within the framework of development plans. In the second half of the 1980s, the Bank inaugurated interbank money market, foreign exchange money market and started to make use of open market