By Akin Nazli in Belgrade Turkey’s finance minister Mehmet Simsek on May 13 held a press conference to release a “savings package” that is supposed to cut budget spending. He also gave a powerpoint presentation. Lately, the finance industry has raised concerns suggesting that Simsek’s fiscal policy has not been supporting the central bank’s widely praised monetary tightening cycle. The Erdogan regime is, however, not in a position to cut its spending. It has long-term contracts for mega-infrastructure projects and, what’s more, is among the most corrupt governments in the world. Neverthless, t…