Şimşek announces: Investment-committed advance credit increased to 750 billion liras
Minister of Treasury and Finance Mehmet Şimşek announced that 250 billion liras in new credit support will be provided to the manufacturing industry.
Minister of Treasury and Finance Mehmet Şimşek shared the details of a new credit program aimed at supporting the real sector's access to financing.
According to Şimşek's statement, the size of the Investment-Committed Advance Credit has been increased to 750 billion liras. Within the scope of the program, 250 billion liras in new credit support will also be provided to the manufacturing industry.
Minister Şimşek stated that, together with ongoing programs, a total of 1 trillion liras in favorable-term financing is being offered for investment and working capital.
The new credit support is intended to facilitate access to financing, particularly for firms with production capacity and working capital needs.
News Source: 12punto
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