Government authorized to borrow 1,5 billion TL
The Cabinet has given the Ministry of Finance authorization to borrow up to 1,5 billion TL to fulfill the government's financial obligations.
In an effort to enable the government to fulfill its financial obligations, the Cabinet has authorized the Ministry of Finance to borrow up to 1.5 billion TL. The decision was announced in a recent official gazette.
The statement read, "The Cabinet has authorized the Ministry of Finance to borrow up to 1.5 billion TL (one billion five hundred million Turkish Liras) as required within the limits of the 2023 Budget Law to ensure the government can fulfill its financial obligations."
This decision is aimed at ensuring that the government can meet its financial obligations, and it is hoped that the borrowing will be used effectively for the country's benefit.
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