Monday, December 23, 2019

Istanbul’s Opposition Mayor Confronted $2.4 Billion ‘Black Hole’ - Bloomberg

Istanbul’s Opposition Mayor Confronted $2.4 Billion ‘Black Hole’
By Baris Balci

After winning Istanbul’s local election in a landslide, Mayor Ekrem Imamoglu said he’s had to fight through a budgetary “black hole” of about 14 billion liras ($2.4 billion).

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