Global Trade Alert
Global Trade Alert

Turkiye: Turkish Coal Corporation secures funding from the government

Announcement

31 Dec 2020

The Turkish Ministry of Finance announced transferring TRY 1.22 billion (USD 164.7 million) funding to the Turkish Coal Corporation 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) announced that the government transferred TRY 1.22 billion (USD 164.7 million) to the Turkish Coal Corporation (TCC) in the 2020 financial year ...

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