"On Monday, July 9, the inauguration ceremony for Turkish president will take place, after which the country will enter a new era of development. We will significantly push our country forward, resolving structural problems of our economy and starting from an external deficit, inflation, and high interest rates," Erdogan said, addressing the lawmakers of the ruling Justice and Development Party (AKP).
Earlier in the day, the Russian government announced that Prime Minister Dmitry Medvedev would head a Russian delegation at the inauguration ceremony in Ankara.
Also on June 9 the composition of the new cabinet of ministers, who are now appointed by the president due to the country’s transition to the presidential system of government, is expected to be announced.
On June 24, Turkey elected both the president and members of parliament. Erdogan secured victory in the presidential election with 52.6 percent of the vote. The ruling AKP party secured 42.6 percent of the vote, while the aligned Nationalist Movement Party (MHP) won 11.1 percent, giving the People's Alliance the parliamentary majority.
The inauguration ceremony will also mark the final stage of Ankara’s switch to the presidential form of government, approved in a referendum in April of last year.