Good news from Minister Bolat to 11 cities: New financial support of 400 million liras will be provided

“Our President’s instruction to give priority to the reconstruction and zoning of earthquake zones as the first task as soon as the new government is established, and the fight against inflation are the two most important priorities of our government. At this point, when we look at the past year, we are pleased to see that our cities are rapidly healing their wounds. Most of our citizens left the region.” It has returned. Since the demolitions have been eliminated, the appearance and morale of our cities have improved and housing activities are being carried out very quickly to provide shelter in reserve areas. Renovation activities of around 650 thousand heavily and moderately damaged houses are continuing rapidly. To date, over 200 thousand “There is a house whose tender has been made and whose construction is progressing rapidly.”

Stating that President Recep Tayyip Erdoğan visited the provinces affected by the earthquake and delivered the completed houses to the rightful owners by lottery, Bolat pointed out that it is of great importance for these cities to accelerate their activities in terms of economic, commercial, industrial and agricultural sectors.

Stating that, as the Ministry, they have provided all the facilities and services that can be provided since the first moment of the earthquake, Bolat said, “Through Halkbank, 2.2 billion lira financial support has been provided to businesses in the region with 50 percent interest discount and subsidy. Again, Turkish Tradesmen and Craftsmen Credit and Guarantee Cooperatives Unions “The Central Union (TESKOMB) has so far provided loan support of 1.2 billion lira to Kahramanmaraş with 50 percent discount and 100 percent interest reduction.” he said.

New good news for earthquake-prone provinces

“During my previous visit, we gave the good news of loan and financial support of 100 million liras for each of the provinces most affected by the earthquake. These supports are given under very favorable conditions, far below market conditions. We visited the earthquake zone in Malatya 4 days ago. There, too, local tradesmen We announced the good news of a financing of 100 million liras through TESKOMB. Today, we want to give good news in Kahramanmaraş. We will provide 100 million liras of financial support to each of these 3 provinces, i.e. a total of 300 million liras, with TESKOMB guarantee for our tradesmen and craftsmen in Kahramanmaraş, Hatay and Adıyaman provinces. When we add Malatya, there is a support of 400 million liras. Today and tomorrow, hopefully, it will be sent to these 4 provinces. I hope that this financing support with 26 percent financing cost, repayment every 6 months, and a total term of 5 years will be beneficial for our tradesmen and craftsmen. “It will contribute to the regional economy and create a lifeline effect.”

Earthquake zones will become centers of attraction

Bolat said that export credit and export insurance support efforts for exporters in the earthquake zone through Eximbank continue.

Emphasizing that it is possible for exporters in the earthquake region to benefit from many supports such as fairs, purchasing delegations, design and branding within the Ministry of Commerce in terms of export supports, and that they are given priority, Bolat said, “I believe that in the very near future, within a year or two, these earthquake regions will be more vibrant than before the earthquake.” “will become a dynamic, energetic, modern and environmentally friendly center of attraction.” he said.

“We express our gratitude to them. They suffered greatly, but our state is on their side, we are on their side as the government. We support them with all our strength. Our dear nation, both through NGOs and personally, showed great solidarity and support to our citizens in the earthquake zone from the first hours of the first day. “Together, as a nation and a country, we will be able to overcome the disaster of this century and one of the heaviest disasters in world history very quickly in a few years. Last year, approximately 30 billion dollars were spent on earthquake zones from the state budget. It is going well, the process is accelerating and a budget burden of 110 billion dollars is “It was calculated. With God’s permission, our nation, our state, our government will be able to overcome this burden. No one should worry about this.”