Ünal Üstel announces 470 million TL economic support package

Prime Minister Ünal Üstel has announced a new economic support package totaling approximately 470 million TL, aimed at boosting production, exports, and entrepreneurship. The package includes 109.8 million TL in interest subsidies intended to facilitate roughly 300 million TL in loans.

Of the interest subsidies, 30 million TL is allocated to agricultural loans, 30 million TL to medium-scale tourism, and 49.8 million TL to tradespeople and the service sector. These loans are planned to be provided with a 36-month maturity at a 20 percent interest rate, targeting approximately 450 beneficiaries.

Additionally, 170 million TL has been allocated for various grant programs covering agriculture, industry, tourism, and entrepreneurship. This includes a specific 50 million TL allocation dedicated to supporting young entrepreneurs. The official Cabinet decisions regarding these measures were published in the Official Gazette.