Global Trade Alert
Global Trade Alert

Turkiye: Turkiye Sugar Factories Corporation secures funding from the government

Announcement

31 Dec 2020

The Turkish Ministry of Finance announced transferring TRY 482.6 million (USD 65.4 million) funding to Turkiye Sugar Factories Corporation in the year 2020.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2020

Revocation date:

No revocation date

Updated: 31 Dec 2020
Capital injection and equity stakes (including bailouts) In force

In November 2021, the Turkish Ministry of Finance (MOF) announced that the government transferred TRY 482.6 million (USD 65.4 million) to the Türkiye Sugar Factories Corporation (TSFC) in the 2020 ...

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