Global Trade Alert
Global Trade Alert

Turkiye: Turkish tea company Çaykur secures funding from the government

Announcement

31 Dec 2020

The Turkish Ministry of Finance announced transferring TRY 500 million (USD 67.8 million) funding to Çaykur in the year 2020.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 Dec 2020

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In November 2021, the Turkish Ministry of Finance (MOF) published its annual report on public enterprises. According to the report, one of the Turkish State Economic Enterprises (SEE), the Turkish sta...

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