President Recep Tayyip Erdoğan made important statements after the Cabinet Meeting. Speaking about developments regarding financial programs, Erdoğan said, 'We are offering another 250 billion lira favorable-term credit package for the manufacturing industry,' and added: 'WE ARE INCREASING THE PROGRAM BUDGET TO 750 BILLION LIRA' We are expanding the scope and budget of the investment-committed advance credit program.
We are increasing the program budget to 750 billion lira for this new implementation. With the new financing program we have launched, we are offering another 250 billion lira favorable-term credit package for the manufacturing industry. Through these two programs, we are paving the way for a total of 1 trillion lira in favorable-term loans for the manufacturing industry.