The Turkish government recently announced that is has allocated 150 trillion Turkish ($104 million) liras worth of credit to be injected into the nation’s construction sector, reported Zaman.
The conditions for the allotment of the funds to companies involved in the sector have been approved by the Cabinet. According to State Minister Faruk Bal, credit will be primarily allocated to cooperative companies and municipal enterprises serving the nations housing sector. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
