Turkish President Tayyip Erdogan's ruling AK Party has postponed discussions in parliament of a bill that includes changes to support investments and the country's defence industry fund following strong criticism, a senior AKP lawmaker said.
President Tayyip Erdogan © Mena Today
Turkish President Tayyip Erdogan's ruling AK Party has postponed discussions in parliament of a bill that includes changes to support investments and the country's defence industry fund following strong criticism, a senior AKP lawmaker said.
"President Erdogan has instructed us to carry out a meticulous, detailed study of the bill. God willing, we will have completed the budget talks for 2025 in December, and the bill has been postponed until after those talks," the lawmaker, Abdullah Guler, told reporters on Tuesday.
The bill, submitted to parliament last Friday, required companies and individuals to make additional contributions to the fund via their tax statements and also envisages additional fees for Turks buying and selling real estate and vehicles.
But the changes concerning credit cards - which envisage an annual contribution fee of 750 Turkish lira ($22) for cards with limits set above 100,000 lira - had prompted particularly strong criticism from consumers and economists.
Guler said last week that the bill aimed to raise revenues of 70-80 billion lira ($2 billion-$2.3 billion) for Turkey's defence industry fund.
($1 = 34.2848 lira)
Reporting by Nevzat Devranoglu
Washington is ramping up pressure on Beirut to swiftly issue a formal cabinet decision committing to disarm Hezbollah before talks can resume on a halt to Israel's military operations in Lebanon, five sources familiar with the matter told Reuters.
The fighters in military-style uniforms pointed their rifles at the three unarmed men and ordered them out onto a sunny balcony, before barking at them to pause. "One minute. You want to film them?" one of the attackers asked his comrade.
As French Foreign Minister Jean-Noël Barrot touts what he calls a “historic moment” at the United Nations—a two-day conference co-organized with Saudi Arabia aimed at pushing forward the recognition of a Palestinian state—critics see the event for what it is: a media spectacle, orchestrated to serve President Emmanuel Macron’s political vanity, not the cause of peace.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.