The Turkish president Recep Tayyip Erdogan, who recently won his third term in Turkey's elections, announced the composition of the new government after being sworn in.

After a formal dinner attended by almost 80 heads of state and government, Erdogan announced the composition of the new government, in which the ministries of defense, foreign affairs and economy underwent fundamental changes.

The new government will meet for the first time on Tuesday, he announced earlier. After dinner, Erdogan went to the Cankaya presidential palace, where Mustafa Kemal Atatürk lived and worked, to announce the composition of the new government.

As expected, the recognized expert Mehmet Şimşek, former Minister of Finance (2009-2015) and then Deputy Prime Minister for Economic Policy (until 2018), takes over the Ministry of Finance.

The name of Mehmet Simsek (56) persistently appeared in the media: the former economist of the American bank Merrill Lynch will be in charge of bringing order to the country's financial policy to restore confidence among investors.

Major ministries will also be reshuffled: Hakan Fidan, the former head of MIT, Turkey's intelligence service, will take over as foreign minister, replacing Mevlut Cavusoglu.

At the Ministry of Defense, Jashar Güler, the Chief of the General Staff of the Armed Forces, replaces Hulusi Akar, the former Chief of the General Staff who held the post since July 2018. Akar was considered the organizer of the resistance to the failed coup in July 2016. Only two ministers, health and culture, remain in their posts.