Global Trade Alert
Global Trade Alert

Turkiye: Turkiye Sugar Factories Corporation secures funding from the government (2018)

Announcement

31 Dec 2018

The Turkish Ministry of Treasury and Finance announced transferring TRY 132.2 million (USD 25 million) in funding to the Turkiye Sugar Factories Corporation in the year 2018.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2018

Revocation date:

No revocation date

Updated: 31 Dec 2018
Capital injection and equity stakes (including bailouts) In force

In 2018, the Turkish government granted financial aid to the Sugar Factories Corporation (TSFC) following financial losses incurred in the same year. The total value of the financial injection was ...

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