Union of Chambers and Commodity Exchanges of Turkey

Hisarcıklıoğlu said that since the beginning of the pandemic, all chamber/commodity exchange heads have consulted with their members and conveyed their problems as interlocutors.

Hisarcıklıoğlu explained that as TOBB, they communicate these problems to the government and have produced solutions in many areas. “Condensed-VAT-SSI payments were postponed for 6 months in the sectors with the most difficulties. VAT rates in the Tourism-Restaurant-Passenger Transport-Education sectors were reduced. The public administration dues, such as tax-SSI, was provided with the possibility of maturity for debts. Workplace rent withholdings have been reduced. Payments to the public in the tourism sector and accommodation tax have been deferred. Cash support payments were made to tradesmen, private companies and small businesses which lost turnover. Improved the conditions for benefiting from the Short Work Allowance. After the latest statements made together, it was extended until the end of June.”

Hisarcıklıoğlu stated that low-interest loan packages were issued by Public Banks with the guarantee of the Credit Guarantee Fund, and thus 150 billion Liras of loan support was provided to 200,000 enterprises.

Hisarcıklıoğlu also emphasized that TOBB and 365 Chambers-Exchanges have been campaigning for Breath Credits during the periods when economic difficulties are most intensely felt, combining all their resources with the resources of banks and providing low-cost loan support to members.