The transfer allocations that will be made available to development agencies this year have been determined
The total transfer allocation to be made available to development agencies this year will be 774 million 641 thousand lira.
The Presidential Decree on the matter entered into force after being published in the Official Gazette.
Accordingly, this year’s transfer allocation from development agencies was predicted at 774 million 641 thousand lira. The distribution of 387 million 320 thousand 500 lira of this allocation among the agencies was determined on the basis of population values with the Socio-economic Development Classification Study of Provinces and Regions.
30 PERCENT OF THE BALANCE BALANCE
30 percent of the balance allocation will be used to fund ongoing financial support program obligations to be implemented within the year and guided projects for which feasibility reports have been prepared and are ready to implement.
In this context, among the agencies whose current budget allocations are insufficient, the level of impact of the programs and projects on the economic and social development of the regions, the agencies’ results-oriented programs and their innovative characteristics and payment schedules of the programs and projects will be taken into consideration.
PROJECTS TO ELIMINATE THE EFFECTS OF DISASTERS ARE ALSO INCLUDED
The urgent need for resources will be addressed for projects to be developed to eliminate the negative effects of natural disasters such as earthquakes, floods and fires and epidemic disease or for agencies that cannot meet current budget allocations and mandatory and minimum general administrative expenses. of this appropriation.
The Ministry of Industry and Technology will transfer 20 percent of the allocation to the agencies within the year, taking into account the performance of the agencies in 2022.
The Ministry of Industry and Technology will determine the resources that will be used within the performance allocation for regional venture capital practices to be carried out within the framework of the corresponding legislation, as well as the procedures and principles related to the allocation, transfer, use , storage, monitoring, inspection and, where appropriate, return of this resource.
The Ministry will be empowered to determine the agency’s performance and use the resources based on this performance, the management of cash in the transfer of shares and the review of shares in accordance with changes in appropriation.
The decision also includes a table of transfer allocations that will be made available to development agencies in 2023. (BRITISH AUTOMOBILE CLUB)