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Free AccessCourt Lifts Block On Pro-Kurdish HDP Funding In Boost For Opposition
The Turkish Constitutional Court has lifted a block on the state funding of the pro-Kurdish People's Democratic Party (HDP) in a notable boost for the opposition ahead of the general election, expected on 14 May. The HDP is scheduled to receive TRY539mn (USD29mn) in state funding this year, but the gov't blocked this over allegations that the party is the political wing of the Kurdistan Workers' Party (PKK) terrorist group. Without this funding the HDP would have found it very difficult to get its (anti-Erdogan) message out effectively.
- It remains to be seen whether the HDP will link up with the opposition Nation Alliance that is seeking to oust President Recep Tayyip Erdogan in the election. If a sizeable portion of the HDP's Kurdish electorate votes for Nation Alliance candidate Kemal Kilicdaroglu it could put him over the top in terms of vote share.
- However, given the nationalist elements within the Nation Alliance (Meral Aksener's Good Party), the HDP's presence could result in rancour and major disagreement before the election takes place.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.