Which financial institution was established during Abdul Hamid II's reign, leading to the loss of the empire's economic sovereignty?
Ottoman Public Debt Administration
Ottoman Central Bank
Imperial Treasury of the Ottoman Empire
Ottoman Financial Council
Answer
The Ottoman Public Debt Administration was established during Abdul Hamid II's reign, leading to the loss of the empire's economic sovereignty. This institution was created as a result of the empire's financial troubles and placed its finances under the control of the Great Powers.
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