Business world representatives evaluated the “Economic Stability Shield” package announced by President Erdogan after the Co-Guidance Meeting on Combating Coronavirus.
Turkey Confederation of Employer Associations (TISK) Chairman Özgür Burak Akkol, relating to Economic Stability Shield Pack, “Production and exports continued employment protection and the Economic Stabilization Shield package in terms of dating back to the international competitiveness of our businesses, we find important and timely.” found the assessment.
In his written statement, Akkol stated that they welcomed the “Economic Stability Shield Package” announced by President Recep Tayyip Erdoğan after the “Coordination Meeting on Combating Coronavirus”.
Emphasizing that the 2-month compensatory work period included in the package is increased to 4 months, facilitating the processes of benefiting from the Short Work Allowance, making flexible and remote working models more effective, and continuing the minimum wage support, Akkol said:
“We find the Economic Stability Shield Package important and appropriate in terms of the continuation of production and exports, protection of employment and our businesses not falling behind in international competition. It is very important at this stage to announce the package before the effects of the coronavirus crisis get deeper. We believe that the economic measures and supports announced by our President will strengthen our hand in global competition after the crisis, as well as overcoming this global crisis as a country. ”