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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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