Q2/2009 New public finance aid plans

The Law on Public Finance and Debt Management was amended on 17 June 2009. Amendments include provisions for the avoidance of negative outcomes from the global financial crisis through the expansion of financial opportunities and the effective processing of credit systems for companies. Accordingly, cash up to TL1bn will be allocated to companies in order to guarantee loans and specially arranged domestic government bonds will be issued.

 

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