Minister of Treasury and Finance Mehmet Şimşek stated that President Recep Tayyip Erdoğan announced a new support program that will strengthen the real sector's access to finance and said, "We will determinedly continue our policies that support our production capacity, competitiveness and employment." he said.
Şimşek, in his post on his NSosyal account, evaluated the program announced by President Erdoğan.
Pointing out that they will increase the size of the "Investment Committed Advance Loan" to 750 billion lira with the package aimed at strengthening the real sector's access to finance, and provide 250 billion lira of new credit support to the manufacturing industry, Şimşek said:
"Thus, together with the ongoing programs, we offer a total of 1 trillion lira of favorable financing opportunities for investment and working capital. We will continue our production capacity, competitiveness and employment-supporting policies with determination."