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Free AccessParliamentary Commission Approves Lowering Elections Threshold to 7% from 10%
- A Turkish parliamentary commission approved on Thursday moves to lower the electoral threshold for political parties seeking to enter the Grand National Assembly.
- Parties must now only receive 7% of the national vote to take up seats in parliament, down from 10% under previous rules.
- The legislative changes were put forward by the AKP and its far-right ally MHP last week.
- Both parties face declining electoral support amid economic instability including surging inflation and a volatile lira.
- Opinion polls show support for the MHP has dropped to single figures ahead of potentially crucial elections scheduled for June next year, when Erdoğan is likely to again need the backing of the far-right party to help secure re-election as president and a working majority in parliament.
- Changes to the election law, consisting of 15 articles, are also designed to prevent deputies from switching between political parties, a tactic previously used by the opposition to overcome the electoral threshold.
- Having been approved, the amendments require 12 months to come into force, dampening speculation Erdoğan will seek a snap election before 2023. - Ahval
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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.