Denk­taş: I will stand again in ’19

Cyprus Today - - NEWS -

FI­NANCE Min­is­ter and Demo­crat Party (DP) leader Ser­dar Denk­taş has con­firmed that he will stand for re-elec­tion as head of the party. “I will be run­ning again for the lead­er­ship at the or­di­nary congress which is due in 2019,” he told a meet­ing of DP mem­bers on Sun­day.

Mr Denk­taş high­lighted that the last amount of TRNC fund­ing re­ceived from Tur­key had been 180 mil­lion TL in July, part of which he said had been chan­nelled into “de­fence ex­pen­di­ture” but no fur­ther pay­ments had been re­ceived.

“All other pay­ments have been made from the TRNC’s own re­sources with­out bor­row­ing a sin­gle ku­ruş,” he said, adding that he and his team had “worked around the clock” to bal­ance the coun­try’s pay­ment li­a­bil­i­ties.

He added that eco­nomic prob­lems could con­tinue un­til mid2019, af­ter which he ex­pected fur­ther strength­en­ing of the Turk­ish lira.

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