Motherland Party (Turkey) 1989 to 1993. Özal died in office, and was succeeded by the True Path Party leader, Süleyman Demirel. After the 1983 National assembly, ANAP allowed all political parties to participate in the local elections. In 1987, ANAP removed the 10-year ban on over 200 leaders of the Republican People's Party (Cumhuriyet Halk Partisi—CHP) and Justice Party (Adalet Partisi—AP), allowing them to run for office and participate in political affairs. The ANAP won 292 of the 450 seats that year. During this time, the ANAP leaders transformed the Turkish economy by beginning free-market reforms, particularly cutting down the public area and
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,