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Üsküdar Municipality's Debt Has Reached 6.65 Billion Lira, While Its Budget Has Reached 16.2 Billion Lira.

Summary by Habertürk
While Üsküdar Municipality's 2027 budget was prepared at 16.2 billion TL, it was announced that the total debt of the municipality and its subsidiaries increased from 1.04 billion TL to 6.65 billion TL in the last 2.5 years. Deputy Mayor Dündar Ziya Gültekin stated that the current cash and salable real estate assets can only cover 5% of the total debt.
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2 Articles

During the term of CHP's Sinem Dedetaş, the debt of Üsküdar Municipality increased 6.5 times. In contrast, during the AK Party's term, cash and real estate assets, which were three times the debt, were almost completely depleted.

·Istanbul, Türkiye
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While Üsküdar Municipality's 2027 budget was prepared at 16.2 billion TL, it was announced that the total debt of the municipality and its subsidiaries increased from 1.04 billion TL to 6.65 billion TL in the last 2.5 years. Deputy Mayor Dündar Ziya Gültekin stated that the current cash and salable real estate assets can only cover 5% of the total debt.

·Beyoğlu, Türkiye
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Habertürk broke the news in Beyoğlu, Türkiye on Tuesday, October 13, 2026.
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