Turkey’s new anti-corona economic package ‘unrealistic’

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Sat, 2020-03-21 01:35

ANKARA: As official figures report increasing rates of deaths and confirmed cases linked to the coronavirus, the Turkish government has announced a new package intended to tackle the economic effects of the unprecedented outbreak.
The package, named Turkey’s Economic Stability Shield Package, is worth 100 billion liras ($15.3 billion). It includes provisions for the rescheduling of tax duties, loans and social insurance payments, along with some incentives for Turkish businesses in the country’s $750 billion economy.

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