The New Welfare Party is a Turkish political party founded in 2018 by Fatih Necmettin Erbakan. It is named after the "old" Welfare Party founded in 1983, one of the parties founded and headed by his father.
The party opposes the increase in interest rates, and is discussing eliminating them completely if his party comes to power. It also aims to promote national production and development and eradicate poverty. The new Welfare Party announced on March 22, 2023 to join the People's Alliance.