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Turkey’s Financial Aid Expected Soon

Works on the protocol for economic and financial cooperation, which will be signed by Turkey and North Cyprus has been completed. In the next few days the Vice-President of Turkey Fuat Oktay, is expected to visit the TRNC.

Reportedly, the first phase of the protocol should be signed, following which financial aid is expected from Turkey.

The government is planning to cover the amount of 288 million Turkish Lira which was used last year from the TRNC budget to fund the security forces. This money will be used to pay various private businesses owed money by the public sector. It was also decided that various works and constructions that were put on hold, such the building of new prisons and roads, will continue.

In addition, Turkish Cypriot daily ‘Diyalog’ reports that in an interview he gave to the paper, Prime Minister Ersin Tatar confirmed that Oktay is coming to North Cyprus soon.

Star Kibris, Diyalog

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