“Economic Stability Shield” announced to eliminate any potential damage of COVID-19 breakout to Turkish economy

Yayınlanma Tarihi: 20 Mart 2020

“Economic Stability Shield”, which includes financial measures to be taken in order to eliminate any potential damage to the economy due to COVID-19 pandemic, was announced by the Turkish President on March 18th, 2020. Attached document prepared by The Ministry of Treasury and Finance summarizes comtemplated actions. Legislative amendments are expected for implementation of the package.

More information will be provided as any official announcements or legislative amendments are made.

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