Fiscal Policy / TÜRKİYE

Treasury-supported tradesmen loans get revised eligibility terms

The ministry announced different interest subsidy discount rates.

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The Trade Ministry announced changes governing access to Treasury-supported loans for tradesmen with tax or social security debt, subject to conditions. The statement refers to a presidential decision dated 27 August.

For this scope, the standard interest discount fell from 50% to 40%, a 100% discount for special groups became 80%, and the project discount moved from 60% to 48%. These are public interest subsidy rates; the change does not cancel outstanding debts.

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