Economic hardships force Turkish municipality to cancel half-marathon
A Turkish municipality has cancelled a half-marathon, citing the need to make savings in a difficult economic environment, Turkish daily Sozcu reported on Monday.
The cancellation announcement of the Darıca’s International Half-Marathon, which was due to be held for the seventh time in the municipality located on Istanbul’s southern fringes was made by Darıca’s mayor, Şükrü Karabacak.
Karabacak blamed the cancellation on economic conditions.
“We have postponed the International Darıca Half Marathon, which we planned to make on October 14, 2018 within the framework of saving measures. In such an environment we will take a break from social and cultural events,” he said to journalists in a message also posted on Twitter, adding, “We believe that with the people’s support we can overcome the economic crisis in our country in a short time.”
Amongst other cost-saving measures Karabacak announced were cuts in the budget that the municipality will allocate to motor vehicles used by the municipality’s employees.
Turkey has seen its economy overheat in recent months, with data released on Monday showing the speed of economic growth slowing to 5.3 percent in the second quarter of 2018 and Turkey’s currency, the lira, having lost more than 40 percent of its value this year, even as inflation climbs towards the 20 percent mark.