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Turkiye: Turkish Hard Coal Company secures funding from the government

Description

In November 2021, the Turkish Ministry of Finance (MOF) announced that the government transferred TRY 1.46 billion (USD 197.9 million) to the Turkish Hard Coal Company (THCC) in the 2020 financial yea...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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