Ali Babacan

Politician

Ali Babacan was born in Ankara, Turkey on April 4th, 1967 and is the Politician. At the age of 56, Ali Babacan biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
April 4, 1967
Nationality
Turkey
Place of Birth
Ankara, Turkey
Age
56 years old
Zodiac Sign
Aries
Profession
Diplomat, Engineer, Politician
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Ali Babacan Height, Weight, Eye Color and Hair Color

At 56 years old, Ali Babacan physical status not available right now. We will update Ali Babacan's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
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Hair Color
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Eye Color
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Build
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Measurements
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Ali Babacan Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
Middle East Technical University, Northwestern University
Ali Babacan Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Ülkü Zeynep Yurter ​(m. 1995)​
Children
3
Dating / Affair
Not Available
Parents
Not Available
Ali Babacan Life

In the 58th cabinet of the Justice and Development Party, he served as the Minister of State in charge of economic affairs. (AKP). He remained in office through the Republic of Turkey's 58th and 59th governments. He was appointed as the Minister of Foreign Affairs of the Republic of Turkey's 60th Government on August 29, 2007. He served as Turkey's Deputy Prime Minister for Economic and Financial Affairs from 2009 to 2015.

Ali Babacan was responsible for steering a tough economic revival initiative, which was backed by multibillion-dollar IMF loans; under his leadership, the Turkish economy saw a dramatic improvement after two major crises. He largely stayed away from the Turkish political arena and concentrated on economic reforms, seeming more like a technocrat.

Babacan resigned from the AKP in 2019, citing "deep differences" over the party's direction as a reason for the party's demise in 2020. Babacan, who also speaks English, is married and has three children.

Political life

He began serving as a co-founder and a board member of the Justice and Development Party in 2001 and was elected deputy for Ankara on November 3, 2002. He was named Minister of Finance on November 18, 2002, and became the cabinet's youngest member at the age of 35.

On May 24, 2005, Prime Minister Recep Erdoan announced his appointment as the country's top negotiator in Turkey's accession negotiations with the European Union, which began on October 3rd 2005. Several international meetings, including the World Economic Forum in Davos, Switzerland, and the Bilderberg Group, were attended by government minister Babacan.

Babacan resigned as president of the United States in 2019, citing "deep contradictions" in the party's path as a motive.

During a late 2019 interview with journalist irin Payzn, Babacan revealed his intention to form this party, with a particular emphasis on minority rights, return to Turkey's parliamentary system, fair procedures in courts, and restoration freedom of expression. "The country will give our party its name," Babacan says.

He founded Democracy and Progress Party in Turkey on March 9, 2020, and he was referred to as "DEVA" or "remedy" in Turkish. The Deva Party held its first meeting of the Board of Founders on March 10, 2020, where he was unanimously elected Chairman.

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Ali Babacan Career

Early life and career

Ali Babacan graduated from TED Ankara College in 1985, placing first in the class of 1985. He attended Middle East Technical University (METU) in Ankara, receiving a BSc in Industrial Engineering with the highest rating (4.00 point out of 4.00).

Babacan went to the United States for postgraduate studies and earned an MBA from Northwestern University's Kellogg School of Management in Evanston, Illinois, with majors in marketing, organizational behavior, and international business.

Babacan worked as an associate at QRM, Inc. in Chicago, Illinois, a firm that provides financial assistance to top executives of major banks in the United States. He returned to Turkey in 1994 and spent as Chief advisor to Ankara's mayor the same year. Between 1994 and 2002, he served as chairman of his family-owned textile business.

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