Connect with us

Politics

Turkey pledges $ 14.3 billion in economic support during pandemic

Published

on

 



Recep Tayyip Erdogan ent in Ankara, Turkey, 2020. Photo: EPA-EFE / TURKISH PRESIDENT PRESS OFFICE

Turkish President Recep Tayyip Erdogan announced on Wednesday an economic package worth 100 billion lire (14.3 billion euros) to fight the impact of the coronavirus epidemic on the Turkish economy.

Erdogan said the Turkish government will do everything possible to protect the country's economy and businesses.

Our economy performed well during the crisis and we are now introducing the economic stability shield program to reduce the effects of the COVID-19 pandemic on our economy, Erdogan said in Ankara, where he spoke in public for the first time after a week.

The package includes measures for the deferral of tax rights, loans and social insurance payments, as well as several incentives for Turkish companies and citizens.

There will be a six-month postponement of tax and social insurance payments for all businesses operating in a wide variety of retail, iron and steel, iron and steel industries. logistics and transportation, food and beverage, automotive, film and theater, textile, management companies, housing and hospitality.

The government has also pledged to financially support its export companies.

He increased the state credit guarantee fund from 25 billion lire to 50 billion lire to protect private banks.

Erdogan asked all financial institutions not to cancel existing loans and to relax the conditions for granting new loans.

Credit payments to Halk Bank (one of the public banks) for our small and medium-sized businesses in April, May and June are also postponed for three months, he said.

A new fund of two billion lire (285 million euros) for poor families affected by the coronavirus epidemic has also been announced.

The government package includes several benefits for the elderly, who are most vulnerable to the coronavirus.

Pensions for people aged 70 and over will be paid to them at home, and an additional month's pension will be paid into their accounts in April.

The Turkish president urged the public to stay at home if possible.

The home stay policy could last three weeks, he said, stressing that social estrangement and personal hygiene are the most effective means of protecting yourself from COVID-19.



What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]

Click to comment

Leave a Reply

Your email address will not be published.