18th Republican People's Party Extraordinary Convention 18th Republican People's Party Extraordinary Convention The 18th Republican People's Party Extraordinary Convention () took place on 5 and 6 September 2014 in order to elect a leader of the Republican People's Party ("Cumhuriyet Halk Partisi - CHP"), a Turkish centre-left political party. Initially, an ordinary convention was due to be held in 2014, two years after the previous one in 2012. However, the party's incumbent leader Kemal Kılıçdaroğlu accepted calls for an extraordinary convention to be held following the loss of the CHP's presidential candidate Ekmeleddin İhsanoğlu in the presidential election held in August. The ordinary convention will thus
Turkey annual current account deficit was $47.3 billion at the end of December 2017, compared to the previous year's figure of $33.1 billion. In the early decades of the Turkish Republic, the government (or banks established and owned by the government, such as Türkiye İş Bankası (1924), Sanayi ve Maadin Bankası (1925), Emlak ve Eytam Bankası (1926), Central Bank of Turkey (1930), Sümerbank (1933), İller Bankası (1933), Etibank (1935), Denizbank (1937), Halk Bankası (1938), etc.) had to subsidise most of the industrial projects, due to the lack of a strong private sector. However, in the period between the 1920s and 1950s,