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 necessary to ensure stability of the Turkish currency. Following these developments, the Government took the initiative to draft the necessary legal framework for the establishment of a central bank, and a draft was prepared for the Central Bank with the contributions of Prof. Leon Morf from the University of Lausanne. The law was enacted by the Grand National Assembly of Turkey on 11 June 1930, and published in the Official Gazette of 30 June 1930 under the name “The Law on the Central Bank of the Republic of Turkey No. 1715”. Following the centralization of duties carried out by various