Turkish government plans new taxes

Published June 27th, 2001 - 02:00 GMT

The Turkish government plans to draw up legislation to impose new taxes to replenish state coffers following an economic crisis, the Anatolia news agency said. 


The decision on the legislation was taken at a meeting late Monday, June 25, between the members of the tripartite governing coalition of Prime Minister Bulent Ecevit, the agency said. 


The tax would notably cover contracts for telephones, mobile telephones and cars, Anatolia said. 


Turkish people would also be taxed one million Turkish lire ($0.80, 0.93 euros) for each domestic air ticket, the agency said. 


Bank accounts would also be charged a tax. Economy Minister Kemal Dervis had previously said there would no new taxes to fight the economic troubles. 


Turkey reached agreement with the International Monetary Fund in May on an austerity program to help it exit a financial crisis in May, which led to the lire falling 40 percent in value against the dollar. — (AFP) 


© Agence France Presse 

© 2001 Mena Report (www.menareport.com)

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