Turkish President Recep Tayyip Erdogan, a populist with increasingly authoritarian tendencies, is scheduled to take the oath of office and start his third presidential term Saturday following his latest election win.

Recep Tayyip Erdogan is set to be sworn in on Saturday as Turkey’s president after winning a historic runoff election against an opposition coalition. Turkey’s longest-serving ruler won 52.18 percent of the vote while his secular rival Kemal Kilicdaroglu got 47.

Turkish President Recep Tayyip Erdogan won Sunday's run-off election, surviving the biggest challenge to his two decades in power. The victory cements his grip on Turkey, an important NATO member, despite mounting economic woes,

The longtime leader overcame dissatisfaction over high inflation and a slow earthquake response to secure another five-year term as president.

Once expected to lose, Turkish President Recep Tayyip Erdogan managed to parlay nationalism to win a historic third term after 20 years in power.

The Turkish lira has hit a new low, and analysts see few improvements ahead as re-elected President Erdogan pursues unconventional economic policies.