Hafize Gaye Erkan attended the ASO Agenda Meeting and answered the questions of industrialists. In her speech here, Erkan explained the arrangements they made in rediscount credits for exporters. Reminding that the 30 percent additional export price sales condition was abolished in the use of rediscount credits and foreign currency purchases within the scope of import payments were exempted from the commitment not to buy foreign currency during the rediscount credit maturity, Erkan said, "We will further increase the rediscount limit, which we increased 10 times to 3 billion liras in July. Our work is ongoing."
Emphasizing the recent steps and activities regarding investment and export supports, especially Investment Commitment Advance Loans (ICA), Erkan stated, "We continue to support companies' access to financing and financing conditions. With these opportunities provided, we expect our industrialists to focus on investments and continue to support the implemented program and Turkey under all circumstances."
Stating that the implementation framework of the YTAK has been restructured, Erkan said, "We are conducting the process regarding investments within a strategic framework together with the relevant institutions. With the YTAK program strengthened with its new implementation framework, we aim to increase production capacity in areas that will contribute to the current account balance and whose indirect effects will be felt on the exchange rate and price stability. A total limit of 300 billion liras was allocated to YTAK for 3 years."
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