Turkey's Simsek to oversee economy in new cabinet -gov't spokesman

Turkish Deputy Prime Minister Mehmet Simsek will have oversight of the economy in the new cabinet, a government spokesman said on Monday, a move that is likely to be welcomed by investors.

Simsek, a former Wall Street banker, will oversee economic coordination, banks and economic institutions, Deputy Prime Minister Bekir Bozdag told a news conference.

Prime Minister Binali Yildirim last week reshuffled his cabinet. Bozdag also said Deputy Prime Minister Fikri Isik would oversee investments.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)