Turkish President Recep Tayyip Erdogan has won his second term, with the Supreme Election Council saying he's won the "absolute majority" of the valid votes. CGTN's Michal Bardavid has the story.

There was a buzz in the air across Turkey on Sunday as Turks hit the polls for presidential and parliamentary elections. Opposition supporters were especially excited, as exit polls suggested CHP candidate Muharrem Ince would finish second and face Erdogan in a runoff battle. However, early on Sunday evening, the state run Anadolu news Agency declared Erdogan the outright victor—surpassing 50 percent of the vote.

MICHAL BARDAVID ISTANBUL "As soon as state media reported Erdogan would be the winner of the election, avoiding a run-off AK party – and Erdogan supporters hit the streets in celebrations hundreds in Istanbul drove around town honking car horns and waving Turkish flags. "

An Erdogan win means Turkey will move forward with the shift to a presidential system, which will give him much more executive power. The prime minister's office will be abolished, and Erdogan will have the right to appoint ministers and judges.

RECEP TAYYIP ERDOGAN TURKISH PRESIDENT "From now on, it's time for the president and the parliament to do more work. Now, it is time to leave behind the arguments, conflicts and resentments of election time and focus on the future of our country."

Opposition leaders, though claimed voter fraud and irregularities marred the election. CHP leader Kemal Kilicdaroglu says he will follow up with election officials.

KEMAL KILICDAROGLU CHP LEADER "There are complaints about fraud allegations particularly from southeast Turkey. Therefore, it's my duty to draw the attention of all civil servants. It's my duty to remind them that they are civil servants."

Sunday's parliamentary elections also carry significance. According to state media results, the Kurdish HDP has passed the 10 percent threshold needed get representation in the Turkish parliament. This means the AK Party and MHP nationalist movement party would not have enough seats on their own to make constitutional amendments.

With elections over and no run-off to campaign for – the Turkish government and its newly re-elected president will likely need to focus on the country's troubled economy and the tumbling Turkish Lira – one of the key issues driving voters at the ballot box. Michal Bardavid, CGTN, Istanbul.