Minister of Treasury: Public banks will support those who want to buy first Turkish electric car

Minister of Treasury and Finance Nureddin Nebati said that public banks would provide the necessary support for those who would want to buy TOGG (first Turkish electric car): “They will give the necessary incentives and provide the necessary support for buyers to access these vehicles with low costs.”

Another important topic Minister Nebati shared in his statements was as follows:

* In the coming period, the KGF (Credit Guarantee Fund), whose preparations are about to be completed, will be processed on a 100 percent invoice basis; this will prevent the money from going to foreign currency, gold or those who do not need it

* The new KGF loan package will be directed to companies whose working capital and balance sheet are really in need of loans that are not intended to be financed by the bank