President Recep Tayyip Erdogan appointed his son-in-law as Turkey's finance minister on Monday hours after he was sworn in with sweeping new executive powers, promising a "strong government and a strong Turkey".
Erdogan, who has already transformed Turkey in 15 years of rule, took his oath of office in parliament under the new presidential system denounced by opponents as a one-man regime.
Recall, the re-elected President of Turkey Recep Tayyip Erdogan took the oath and officially assumed the position of President.
Next Sunday is the second anniversary of a failed coup attempt in which 250 people were killed and 1,400 wounded.
Parliament can ratify or reject his budget and the president needs parliamentary approval for emergency rule and decrees passed during that time.
"Albayrak becoming the finance minister is not a good sign especially because of his close relationship with President Erdogan".
Erdogan, the most popular and divisive leader in recent Turkish history, has now formally become the most powerful leader since Mustafa Kemal Ataturk founded the republic from the ruins of the Ottoman empire.
"Albayrak was one of 16 ministers named in the new streamlined cabinet after the ceremony at the presidential palace, which state news agency Anadolu said was attended by Venezuelan President Nicolas Maduro, Russian Prime Minister Dmitry Medvedev and Sudanese President Omar Hassan al-Bashir, who is wanted for war crimes by the International Criminal Court".
Foreign Minister will remain Mevlut Cavusoglu. The issue continues to polarize public opinion in Turkey.
President Erdogan invited President Lungu along with Gabonese President Ali Bongo, Jose Mario Vaz of Guinea Bissau and Equatorial Guinea President, Teodoro Obiang Nguema to his inauguration.
Investors were waiting to see whether cabinet appointees would include individuals seen as market-friendly, and particularly whether Mehmet Simsek, now deputy prime minister, would continue to oversee the economy.
Investors are also keen for details on Erdogan's new economic team, which is expected to be announced later on Monday.
Erdogan will face immediate and major challenges in his second term, posed by an imbalanced if fast-growing economy and foreign policy tensions between the West and Turkey, a North Atlantic Treaty Organisation member.
The AKP failed to win a majority in legislative elections and will need support from its allies in the right-wing Nationalist Movement Party that could push it into more hardline policies.
Observers had speculated that the purge might ease after the elections, but on Sunday the government issued a decree dismissing 18,000 state employees including teachers, police and military officers over alleged links to terrorist groups.