Covid-19, Turkey: Albayrak about the expectations of the markets

Gdp Avatar

by OZGE YILDIRIM – Treasury and Finance Minister Berat Albayrak, Turkey ‘s chairmanship of the Financial Stability and Development Committee 15th meeting was held by video conference. Speaking at the meeting, Minister Albayrak stated that he is happy to come together, albeit digitally, within the framework of the Extended Financial Stability and Development Committee meeting organized within the scope of the economic effects of the coronavirus (Kovid-19) outbreak. Albayrak “In the next process, we will talk about the expectations of the markets and the sectors and we will talk about what we need to do to” return to work step by step.

“The Financial Stability and Development Committee is the highest authority where all our institutions in the field of economy and finance are located, our financial policies are determined at their systematic meetings and the practices are followed. Today, we are holding this meeting in an ‘expanded’ format due to the Kovid-19 agenda.We took steps to protect our production power and employment by making quick decisions in the fight against the economic effects of the epidemic as well as the demands and suggestions from the economy and sectors. With these steps, we have made a 200 billion TL financing available to our markets, tradesmen, business people and citizens. ” He spoke in the form.

Albayrak stated that they have given the world a good test in this crisis and this epidemic under the influence of the world, that they take the problem seriously from the first day, they do not ignore any possible results, they take steps embracing all segments of the society, direct communication with citizens, tradesmen, business people. He said that they installed the channels and they were not closed inside.

“It is precisely this damage, also from 1929 will be great. After 44 years together in China expected quarterly shrinkage table, the number of people who lost their jobs in the United States exceeded 4 weeks to 26 million. With Kovid-19 outbreak in Turkey, to eliminate the effects of foreign aggression and We came across at the end of the balancing process, where we struggled intensely to strengthen the immune system of our economy. Thanks to the gains of the balancing process, we implemented a comprehensive set of measures such as Economic Stability Shield very quickly. ” Albayrak emphasized that they can support companies, tradesmen and citizens without needing any help today, saying, “We make an instant return to every demand; we can activate the necessary mechanisms. Until today, we have requested the process of support from 921 thousand 751 trades. We have completed the process of our 789 thousand 232 trades. We received approximately 148,334 requests from our businesses, and financed 126,550 firms. We achieved a high return average of 85 percent in both requests from tradesmen and businesses. ” he said.

Leave a Reply

Your email address will not be published. Required fields are marked *

EUROPEAN JOURNAL

The European Journal

The best selection of news and current affairs from Europe

Search
Cateegories
Tags

There’s no content to show here yet.