Tuesday, January 8, 2019

Turkey: President Erdogan announces new social support measures

Turkey’s president, Recep Tayyip Erdogan announced fresh social assistance programs for the low-income and tradespeople on Tuesday.

Speaking at Turkey’s parliament, Recep Tayyip Erdogan said the state would begin to provide an average 80 liras ($14.50) each for 2.5 million regular recipients of government assistance in electricity bill support.

He also announced that Turkey’s largest state-owned lender Ziraat Bank will provide loans for debt-stricken individuals to pay for their credit card obligations. Read More