Global Trade Alert
Global Trade Alert

Turkiye: Turkish Hard Coal Company secures funding from the government (2021)

Announcement

31 Dec 2021

The Turkish Ministry of Finance announced transferring TRY 1.53 billion (USD 81.96 million) in funding to the Turkish Hard Coal Company in the year 2021.

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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 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In October 2022, the Turkish Ministry of Finance (MOF) announced that the government transferred TRY 1.53 billion (USD 81.96 million) to the Turkish Hard Coal Company (THCC) in the 2021 financial year...

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