Ali Babacan is a Turkish politician and economist, known for his role in shaping Turkey's economic policies. He served as the Minister of Economy from 2002 to 2007 and later as the Minister of Foreign Affairs from 2007 to 2009. Babacan was a key figure in the Justice and Development Party (AKP), which has been influential in Turkish politics since the early 2000s. In 2019, Babacan founded a new political party called DEVA (Democracy and Progress Party) to address issues such as economic challenges and democratic governance in Turkey. His experience and expertise in economics have made him a prominent voice in discussions about Turkey's future direction.