Categories: Economy

They’re standing in debt

They’re standing in debt

DEBT WITH TCDD AND TÜRASAŞ

State-owned companies such as Çaykur, Türkşeker, Tigem and the Meat and Milk Institution, which have made profits in the past but started to lose in recent years, are trying to cover their losses with Treasury loans. The Ministry of Treasury and Finance lent TL 5.661 million to four institutions in 2022. On the other hand, the Ministry of Finance and Treasury paid a debt of TL 10 billion to the Turkish Grain Board to balance the prices of food supply, and a total of TL 34,769 million to TÜRASAŞ and the State Railways in the framework of the development of the railway sector through public institutions.

In order not to reflect the cost increases in the prices of natural gas and electricity to the citizens, the Treasury opened its mouth. He also supported BOTAŞ and EÜAŞ for this purpose. A total of TL 126.360 million was transferred to BOTAŞ, of which TL 5 billion were allocation expenses, TL 121.360 million were capital transfers and TL 11.414 million were transferred to EÜAŞ within the scope of the capital transfer.

Source: Sozcu

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