Public Bank Sabah

He has promised to lower inflation asking for the public to show patience. President Recep Tayyip Erdoğan recently defended the policy of lower borrowing costs insisting that it had helped save 10 million jobs.

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Younes says public workers are demanding a small wage increase better health care and a flexible transportation stipend to keep up with rising gasoline prices.

. Erdoğan in June vowed that his government would continue lowering interest rates rather than increasing them. In a country of about 6 million people some 350000 Lebanese work in the public sector and their salaries account for a huge chunk of the national budget.

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