13th Republican People's Party Extraordinary Convention 13th Republican People's Party Extraordinary Convention The 13th Extraordinary Convention of the Republican People's Party (Turkish: "13. Cumhuriyet Halk Partisi Olağanüstü Kurultayı)" was held on 29 and 30 January 2005 in order to elect a leader for the Republican People's Party (CHP), a Turkish centre-left political party. Incumbent leader Deniz Baykal was challenged by the Mayor of Şişli, Mustafa Sarıgül for the leadership. The convention was marred by violence between supporters of the two rivals, who had accused each other of corruption and elitism during their speeches. The final result was a victory for Baykal, who won 59.4% of the
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,