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CHP mayor hangs AKP-run municipality's debt on a billboard: Interest debt alone is 857 million liras

Bülent Nuri Çavuşoğlu, the CHP mayor of Denizli Metropolitan Municipality, has posted the debts left over from the previous AKP administration on a giant billboard in the city. On the table he displayed, Çavuşoğlu added the note, "If we pay today."

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CHP mayor hangs AKP-run municipality's debt on a billboard: Interest debt alone is 857 million liras

Bülent Nuri Çavuşoğlu, the new mayor of Denizli Metropolitan Municipality, has taken a striking step to inform the public.

According to the information on the banner, the debt of Denizli Metropolitan Municipality is stated as 11 billion 130 million 969 thousand liras.

According to the figures, Denizli Metropolitan Municipality has a debt of 4 billion 804 million 44 thousand liras, while DESKİ has a debt of 6 billion 326 million 925 thousand liras.

INTEREST DEBT IS 857 MILLION

It was noted that 2 billion 658 million liras of this debt consists of loan debt, and this loan has an interest rate of 55 percent. The poster included the information that the municipality's interest debt is 857 million 698 thousand liras.

It was stated that the metropolitan municipality's tax debt is 58 million 187 thousand liras, and the total of its other debts is 1 billion 229 million 976 thousand liras.


News Source: 12punto