Credit Guarantee Fund limit rises to 100 billion liras


The limit of resources that can be transferred to credit guarantee institutions by the Ministry of Treasury and Finance is increased from 60 billion liras to 100 billion liras.

The AK Party is preparing to bring a new bag proposal to the Parliament’s agenda before the Parliament goes into recess. It is planned that the bag bill, which is expected to include mainly regulations on the economy and to be between 35-40 articles, will be submitted to the Presidency of the Assembly next week. With the proposal of the law, an arrangement will be made to increase the Credit Guarantee Fund limit from 60 billion liras to 100 billion liras.

According to the information obtained from AK Party sources, the low irregularity fines will be re-determined, and some administrative fines will be revised and updated. The bag will be included in the offer in the arrangements for insurance companies to provide guarantees. In the bag proposal, which is expected to take its final form with the regulations required by the Ministry of Treasury and Finance, the need for trained personnel of the Financial Crimes Investigation Board (MASAK) will be met. A legal infrastructure will be established to enable MASAK to recruit around 100 trained personnel from public institutions.

The bag will be included in the proposal in order to meet the resources needed by the National Lottery Administration to meet its expenses. 8 percent of the funds transferred to the Turkey Wealth Fund will be transferred to the National Lottery Administration.

3600 additional indicator bags will come with offer

3600 additional indicator arrangements, the details of which were announced by President Recep Tayyip Erdoğan, will also be included in the bag proposal. President Erdoğan announced that there will be an increase of 600 points in the additional indicators of all civil servants, and that all first-degree civil servants and retirees will be included in the scope of 3600 additional indicators.

The additional indicators of assistant general managers will increase from 3 thousand 600 to 4 thousand 400, and the additional indicator of managers at branch manager level will increase from 2 thousand 200 to 3 thousand. Retired public officials will also benefit from the increase, which will be effective as of January 2023.

Student amnesty will also be included in the bag offer.

The student amnesty, which President Erdoğan announced to the Parliament at the AK Party Group meeting, is also planned to be brought with a bag of laws, not as a separate proposal. With the amnesty arrangement that will cover undergraduate, graduate and doctoral students, those who left the university for various reasons will be given the opportunity to return to their education under certain conditions. As in the previous amnesty regulations, those sentenced for terrorism crimes will not be able to benefit from the amnesty.

Source: Dünya Gazetesi by

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