Turkey's President Tayyip Erdogan (L) chats with Prime Minister Ahmet Davutoglu during a Republic Day ceremony at Anitkabir, the mausoleum of modern Turkey's founder Ataturk, in Ankara, Turkey, October 29, 2015. REUTERS/Umit Bektas/File Photo

Turkey is not anticipated to maintain a snap election after the ruling AK celebration elects a new chiefand could keep “securely” until the modern-day government‘s mandate expires in 2019, presidential adviser Cemil Ertem said on Thursday.

Turkey and its economy will stabilize further when a top minister more carefully aligned with President Tayyip Erdogan takes workplace, Ertem said in a live interview with broadcaster NTV.

The current economy management will stay in area, he stated, adding he does no longer assume anymodifications in economic and monetary guidelines. Declines in Turkish assets, particularly the lira, amid worries about political turmoil will no longer hold and the lira can also even grow to be overvalued, undermining exports, he stated.