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YetkinReport
15 October 2024, Tuesday / Published in Economy, Politics

Finance Minister: Controversial credit card fee is to fund ‘Steel Dome’

Finance Minister Mehmet Şimşek stated that the additional fees to be collected through new proposal submitted to the parliament will be used for the construction of defence systems like Steel Dome, rather than reducing the budget deficit. The ruling Justice and Development Party (AKP) has introduced a controversial bill to the parliament that would require
budgetcredit carddefencedeficiteconomyfeesteel dometaxTurkeyTurkish economyTürkiye
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YetkinReport
14 October 2024, Monday / Published in Economy, Politics

AKP faces backlash over proposed “defence fee” on credit cards

Türkiye’s ruling Justice and Development Party (AKP) has introduced a controversial bill to the parliament that would require high-limit credit card holders to pay an annual fee to bolster the country’s defense industry fund. Under the draft legislation, credit card holders with limits of 100,000 Turkish lira ($2900) or more would be required to pay
billcredit carddefence fundtaxTLTurkeyTurkish economyTürkiye
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