In dealing with the Covid-19 outbreak, the Turkish government continues to support its people to overcome this period. Accordingly, President Recep Tayyip Erdogan announced new economic support ” NEFES KREDİSİ: Breath credit” to assist various sectors.
At the beginning of this month, applications began for the “breath credit” project. Which was carried out in cooperation with the Union of Chambers and Commodity Exchanges of Türkiye (TOBB), Credit Guarantee Fund (KGF), Ziraat Bank and Deniz Bank.
The “Breath Credit” project is based on the following idea:
The Union of Chambers and Commodity Exchanges (TOBB) deposits the equivalent of 500 million Turkish liras in Ziraat and Deniz Bank. Which will allow using loans worth 5 billion Turkish liras (10 times this amount). Then the role of the Credit Guarantee Fund comes. It will guarantee the small and medium business owners who cannot use loans due to the lack of their guarantees.
Who can benefit from The “Breath Credit”? How much is it? What is the payment plan?
The Turkish SMEs, which are the most affected by the epidemic, will be able to use of 50k, 100k or 150k TL. Depending on the provinces In which it operates and also according to its turnover volume during 2020.
The loan facility will have a 6-month grace period. Moreover, the creditor can repay in 12 instalments-night with low interest (9.90% per year).
They expected that 70.000 SMEs will use the “breath credit” within two months.
It is worth noting that Türkiye has begun to return to its normal life. With the beginning of this month, July, all-night and weekend curfews, which have been in force for months, have been completely cancelledallow use. There will be no restrictions on travel between Turkish cities. Cafes and restaurants are now allowed to receive customers without restrictions.
This came after the Turkish government announced that it had exceeded the 51 million doses of Coronavirus vaccination for its people and residents. As a part of a plan to implement a rapid vaccination schedule. That exceeded the threshold of 1.5 million doses of the Corona vaccine per day.
The Happiest Place on Earth is Still CORONA-FREE
In light of the widespread and rapid of the Corona epidemic Covid-19 worldwide, people are increasingly searching for a safe place to protect themselves and their families.
Grenada opens its consulate in Dubai – UAE
Grenada opens its consulate in the United Arab Emirates, and Ms. Rose Ann Benjamin became the Consul General in it, knowing that this consulate is not the only Grenada consular office in the region, but the services provided may differ from one office to another.
Corona changes the way to apply for citizenship in Grenada
The Citizenship by Investment Unit in Grenada has decided to suspend the receipt of hard copies of files from the date of Friday 20 March 2020 until further notice or until the implementation of the CBI Management Online Information System platform.
Limited Offer from Antigua & Barbuda to add children
The new limited–time offer is to allow adding dependent children under the age of 18 years to the family’s previously approved application and to approve the reduction of fees for adding these dependents
Dominica imposes conditions on three countries for its citizenship … Get to know them
Important changes on the Dominica’s program for citizenship by investment. As the Dominica Citizenship by Investment Unit took stricter measures came into effect last month regarding the citizenship by investment program in Dominica, made substantial changes to the program which will have an effect on citizens of Iran, North Korea, and Sudan.