Global Trade Alert
Global Trade Alert

Turkiye: Agricultural Enterprises Corporation secures funding from the government (2018)

Announcement

31 Dec 2018

The Turkish Ministry of Treasury and Finance announced transferring TRY 250 million (USD 47.3 million) in funding to the Agricultural Enterprises Corporation in the year 2018.

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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 2018

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

In 2018, the Turkish government granted financial aid to the Agricultural Enterprises Corporation (Tigem) following financial losses incurred in the same year. The total value of the financial injecti...

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