The 'bag' law proposal, which includes regulations in the economy, foresees critical changes from mega projects to SEEs, from Iller Bank to municipalities
Pursuant to the Law on the Amendment of Certain Laws and Decree Laws submitted by the MPs of the AKP to the Presidency of the TGNA, SÖZCÜ undertook the proposal. Here are the highlights of the arrangement:
I DON'T DO IT
Contractors are given the right to terminate or transfer depending on the approval of the administration, in order to ensure that major projects and public services are not interrupted and the resulting grievances are eliminated due to unexpected price increases. Contracts which are awarded and continuing as of the date of entry into force of this regulation, will be terminated or transferred within 60 days after the date of entry into force of the contractor depending on the written application of the contractor and the approval of the administration. In this case, the restrictions and sanctions arising from termination and transfer will not be applied except for the condition of seeking the conditions in the first tender. Contractor of the contract terminated or the contract will be returned to the contractor's return.
16 BILLION LIVER TO LIFE TO TCDD
State Railways of the Republic of Turkey, noted for its high-speed train investment (TCDD) 2016 years 2.5 billion pounds of the total balance sheet losses with a loss in the previous year had been reached 16.1 billion pounds. Investments of TCDD, which meets the need for resources continuously with the capital increases made by the Treasury and revolving / guaranteed foreign loans, will be financed through the transfer of capital from the budget of the Ministry of Treasury and Finance.
FOR THE LICENSES OF PROFITING SOES
A striking change is also expected for the State Economic Enterprises (SEEs) whose share in production is decreasing day by day due to the wrong policies of the government, but its burden is increasing continuously. Accordingly, SEEs will lend to each other. For example, a profit of TOKI loss assigned to the free distribution of coal to poor families could borrow money to Turkey Coal Enterprises.
TO THE MUNICIPALITIES OF AKP
According to the proposal, Iller Bank will use the 51 of its net profit as a grant in support of local government's urban transformation practices, map, zoning plan, infrastructure and superstructure projects and the financing of the construction works of these projects.
JURISDICTION TO THE PRESIDENT OF THE PRESIDENT
In order to realize the investment projects required by the municipalities, the President shall be authorized to provide the benefit to the municipalities upon the request of the municipalities.
Source : www.sozcu.com.tr