Türkiye Eyes Interim Payouts to Investors in Troubled Funds Soon
10 Articles
10 Articles
Breaking news... The Economic Coordination Council meeting, chaired by Vice President Cevdet Yılmaz, has concluded. Following the four-hour meeting, a statement was released saying, "We anticipate that interim payments will begin shortly after the law comes into effect." The Economic Coordination Council (EKK) is chaired by the President...
The Economic Coordination Council (EKK) recalled that the draft law regarding the liquidation of manipulated funds was accepted by the Planning and Budget Committee, and noted that interim payments are expected to begin as soon as possible after the bill becomes law. The statement said, "Thanks to our strong macroeconomic fundamentals and the policies we are resolutely implementing, we expect the impact of these developments on the financial sys…
The Economic Coordination Council meeting, chaired by Vice President Cevdet Yılmaz, has concluded. Following the four-hour meeting, a statement was released saying, "We anticipate that interim payments will begin shortly after the law comes into effect."
The Economic Coordination Council reviewed the ongoing work regarding the funds. The Council announced that it is foreseen that interim payments will begin as soon as possible after the bill is enacted into law.
At the eighth meeting of the Economic Coordination Council (EKK), it was stated that the draft law regarding problematic funds was accepted by the parliamentary committee, and that interim payments would begin as soon as possible after its enactment. The statement noted that the effects on the financial system and the real economy are expected to remain limited.
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