Breaking News Turkey with agencies
Finance and Treasury Minister Mehmet Şimşek issued a circular on savings measures to public institutions.
It was stated in the circular that all expenditures should be reconsidered, except for the earthquake-related costs that emerged from tremors that hit Türkiye’s southern region last February.
Şimşek underscored the implementation of the measures would be followed without compromise.
Savings measures
Expenditures on real estate acquisition and rental, official vehicle acquisition and use, communication expenses, personnel assignments, press and publication expenses, and stationery and fixture purchases will be lined up with the rules of savings.
In addition, all public institutions in the country will be obliged to comply with the rules regarding representation, ceremony, hospitality, promotion and personnel expenses, energy and water purchases, and personnel service expenses.
Finance minister signed the circular
Şimşek signed the circular on Friday before attending the G20 meeting that will take place in India.
Hafize Gaye Erkan, head of the Turkish Central Bank, will accompany the finance minister.
He will meet Yellen in India
Mehmet Şimşek will meet his US counterpart Janet Yellen to discuss possible steps for improving bilateral economic partnership.
He will also be in President Recep Tayyip Erdoğan’s visit to the Gulf countries, including Saudi Arabia, Qatar and the UAE, after the G20 meetings.
Erdoğan’s official visits to these countries will take place between July 17-19.