Global Trade Alert
Global Trade Alert

Turkiye: Turkish Hard Coal Company secures funding from the government

Announcement

31 Dec 2020

The Turkish Ministry of Finance announced transferring TRY 1.46 billion (USD 197.9 million) funding to the Turkish Hard Coal Company in the year 2020.

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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 1.46 billion (USD 197.9 million) to the Turkish Hard Coal Company (THCC) in the 2020 financial yea...

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