Serdar Denktaş: “Babies are born into debt”

Appearing as a guest on a live broadcast hosted by Gökhan Altıner on Kıbrıs Postası, Denktaş said current economic practices are unsustainable. “Today even newborn babies are born into debt. These debts will come out of our children’s pockets,” he said.

He argued that the government is relying excessively on taxes, fees and funds to increase revenue, calling this approach misguided. According to Denktaş, the real priority should be reducing the cost of living. “What needs to be done urgently is to make life cheaper. That would already reduce cost-of-living payments. This vicious circle must be broken,” he said.

As leader of TAM Party, Denktaş also commented on a draft law aimed at bringing foreign financial assets into the economy. He stressed that such a mechanism requires strict oversight and strong institutional control, which he claimed is currently lacking.

He warned that while such a policy could attract liquidity if properly designed, poor implementation could create serious risks. “Such a move could bring in hot money, but it must be properly planned and built on a solid strategy,” he said.

Denktaş also criticized financial protocols between the TRNC and Turkey, claiming that some commitments are not properly implemented and that funds are not always used for their intended purposes.

Rejecting what he called “defeatist politics,” Denktaş said his party is working on solution-oriented policies. He pointed to plans aimed at reducing living costs, including proposals to bring meat prices closer to levels in the South, arguing that such measures could significantly improve affordability within a year.