Turkey's victorious Erdogan set to assume sweeping powers

GETTYFans out in support of President Erdogan

Regardless, Erdogan proudly addressed supporters from his Justice and Development Party's (AKP) headquarters in the capital Ankara early Monday morning, telling them: "The victor of this election is each and every individual among my 81 million citizens", and lauding the "lessons in democracy" Turkey had given to the rest of the world.

In Sunday's parliamentary contest, the Islamist-rooted AK Party won 43 per cent and its MHP ally 11 per cent, based on 98 per cent of votes counted, broadcasters said.

Turkish President Recep Tayyip Erdogan on Monday celebrated winning five more years in office with sweeping new powers after a decisive election victory, as Turkey's opposition raised bitter questions over the conduct of the polls.

Sadi Guven said the president "received the absolute majority of all valid votes", BBC reported.

The leading Turkish opposition party said it believes the results for the presidential elections are incomplete and may go to a second round.

There are ongoing debates about whether the election was "free", amid reports of ballot stuffing and vote rigging.

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But he said that there was no significant difference between official results and his party's figures, and therefore he would accept the outcome.

President Mamnoon Hussain, on behalf of the Government and people of Pakistan, extended heartfelt felicitations to President of Turkey Recep Tayyip Erdogan on his victory in the elections on Monday. A crackdown launched after the coup has seen 160,000 people detained, and the state of emergency allows Erdogan to bypass parliament with decrees.

Ignacio Sanchez Amor, head of the OSCE short-term observer mission in Turkey, said, "The restrictions we have seen on fundamental freedoms have had an impact on these elections".

Erdo─čan struck a defiant tone in his victory speech early on Monday in Ankara, saying Turkey had set "an example" for the rest of the world, vowing to carry on military campaigns in Syria, fight terror groups and raise Turkey's worldwide prestige.

The post of the prime minister will be abolished, and its powers transferred to Erdogan, who will also have the ability to appoint senior judges, ministers and vice presidents, giving him full control of those who are supposed to check his authority.

The HDP passing the threshold is key for the opposition: Forecasts show that without them in parliament, the AKP and their junior coalition partner, the Nationalist Movement Party (MHP), would once again win the majority of seats. The new presidency means that he will have nearly no checks and balances imposed on him, though he will remain dependent on his collaboration with the MHP in parliament.

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In a speech at CHP headquarters on Monday, Ince said that despite suspicions of fraud, he nonetheless recognised Erdogan's victory: "Did they steal votes? Yes".

"We always vote for our leader Recep Tayyip Erdogan", he said while navigating his cab through traffic. All we want is a fair competition. That, coupled with high inflation rates and fears that the central bank's independence will be further reduced, has left global investors uneasy after Erdogan's victory. One reason for that was the hope that Meral Aksener and Muharrem Ince, candidates for the Iyi Party and the Republican People's Party (CHP) respectively, injected into the opposition.

While Erdogan's victory is likely to be positive for the lira in the short term, Nora Neutrvoom, an economist at ABN Amro told Euronews that the "Turkish economy will face a severe slowdown".

He survived a coup in 2016 but consequently detained tens of thousands of political opponents.

He further said that the historic and unparalleled bilateral relations between Pakistan and Turkey would continue to grow from strength to strength.

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