Turkey's Erdogan Shuts Doors to McKinsey After Opposition Outcry
- President says he told government not to get advisory services
- McKinsey was going to work on ‘Cost and Transformation Office’
Recep Tayyip Erdogan, Turkey's president, speaks during a Bloomberg Television interview in London on May 14, 2018.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
Turkish President Recep Tayyip Erdogan blocked a government initiative to get advice from management consultancy McKinsey & Co., following opposition parties’ criticism that the economy’s reins were being handed over to foreigners.
“I’ve told our ministers that no advisory services should be received,” Erdogan said in a televised speech in Ankara on Saturday. “There’s no such need. We are enough for ourselves.”