Economy

What are the details of the new employment package?

There are approximately 5 million people between the ages of 50 and 54 in Turkey. The Employment Shield Package aims to provide opportunities for partial work, education and support programs, term employment contracts, income tax exemption steps to provide conveniences in employment for 50 years Ministry of Treasury and Finance and The Ministry of Family, …

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TURKSTAT Announces Housing Sales Statistics for May

Turkey-wide housing sales decreased by 44.6% in May 2020 compared to the same month of the previous year to 50,936. Istanbul had the highest share with 7,640 residential sales and 15.0% in residential sales, followed by Istanbul with 4,939 residential sales and 9.7% share, followed by Ankara, izmir with 3,096 residential sales and 6.1% share. …

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Invoice Requirement for Loans – SLG

With the transition to normalization process, public banks began to lend to the purchase of needs such as housing, vehicles, furniture, white goods besides holidays. The package called ‘Social Life Support Loans’ includes two different types of credit: ‘Contribution-Payed InvoiceD Consumer Credit’ and ‘Billed Consumer Credit’ in order to support domestic production companies. Domestic production …

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