Industry and Technology Minister Mustafa Varank announced the triple protection package that will shield SMEs against the new type of coronavirus KOVID-19. Stating that they will support up to 3 million TL per enterprise for the local production of products such as disinfectant, protective clothing, protective glasses, mask, gloves through KOSGEB, Minister Varank said, “We postpone KOSGEB receivables for 6 months. We will also give KOSGEB projects an additional 3 months. ” said.
Following the Economic Stability Shield Package announced by President Recep Tayyip Erdoğan and deploying a 19 billion lira resource to mitigate the effects of the KOVID-100 outbreak, ministries are also working in coordination to support the real sector.
At the request of the Ministry of Industry and Technology, the Energy Market Regulatory Board suspended the obligation of mixing 19 percent ethanol to gasoline for 3 months in order to meet the increasing disinfectant and cologne requirement due to KOVID-3 with domestic production.
3 FOOT PLAN
The ministry has launched a new study against the KOVID-19 outbreak that shook the world. It launched a tripod plan through the relevant institution of the Ministry, KOSGEB.
THE EFFECTS OF THE OUTBREAK UP TO THE SHIELD
Explaining the details of his plan, Minister Varank said, “We have added new products to our product list within the scope of KOSGEB's TEKNOYATIRIM Support Program. Our enterprises that produce products such as disinfectant, protective clothing, protective glasses, masks and gloves with domestic facilities will be able to benefit from KOSGEB's TEKNOYATIRIM Support Program. They will be able to take advantage of this program until it is announced by the authorities that the risk of outbreak has disappeared. ” said.
SUPPORT UP TO 6 MILLION TL
Varank stated that the enterprises will prepare their projects related to these products and said, “We will support these projects up to 6 million TL. 4 million 200 thousand TL of this will be reimbursed. ” he spoke.
WE MET WITH MANUFACTURERS
Noting that they closely follow all the developments in the markets, Varank said, “After KOVID-19 spread all over the world, there was a natural demand for the products we added to the list. We contacted the manufacturers, namely businesses and SMEs, to meet the demand. With the support we will provide, we will contribute to meeting the increasing demand in these products. Unfortunately, we will also prevent the Speculations of some opportunists. ” said.
Varank, saying that they have started to receive applications, said, “In this period, we are going through an extraordinary process, KOSGEB boards will take decisions faster than usual and will determine the projects to be supported in a short time. Payments will be made immediately. ” he spoke.
PAYABLES TO 30 JUNE
Emphasizing that the second leg of the package is the deferral of KOSGEB receivables, Varank said, “We have postponed their receivables until 30 June 2020 within the scope of KOSGEB's reimbursable supports. We have postponed the payments of SMEs in this situation to KOSGEB for 30 months until 2020 June 3. ” said.
NUMBER OF TERMS WILL NOT CHANGE
Varank underlined that all the installments that businesses will repay are postponed, “The number of terms will not change. No legal interest will be charged. Our SMEs, who previously benefited from KOSGEB's deferral decisions, will also benefit from this decision. ” he spoke.
PROJECTS WILL NOT BE INTERRUPTED
Stating that KOSGEB offers project-based support through various programs, as well as supporting entrepreneurs, Varank said, “We will give additional time up to 11 months to businesses that need to fulfill their project duration or entrepreneurship program obligations after March 2020, 4. Thus, the projects will not be interrupted. ” said.
NO REQUIREMENT FOR THE BOARD DECISION
Underlining that businesses need to request additional time, Varank said, “We have accelerated the decision process, and we will provide time extension to our SMEs who request them without the need for a new board decision,”.
WE WILL USE ALL INSTRUMENTS
Emphasizing that this right can be exercised from the official authorities to the announcement that the effects of the KOVİD-19 outbreak have disappeared, Varank continued: We are one of the first countries to react to the KOVID-19 outbreak risk. As the Ministry, we started to put the measures we will take while on the borders of China. Our businesses are, of course, affected by this epidemic that spreads to the world. We know what needs to be done to protect our SMEs and we started to implement them. In this process and after the effects of this epidemic disappear in the world, we will continue to use all the instruments we have to ensure continuity in production.
Reminding that President Recep Tayyip Erdoğan announced the Economic Stability Shield Package after the Coordination of Coronavirus Meeting, Varank said, “We are fighting against KOVID-19, public, private sector, universities. Our doctors, nurses are trying to keep the virus under control by working 24 hours a day. Under the leadership of our president, all our ministries make a great effort. ” said.
Emphasizing the importance of citizens taking into account official statements, Varank continued as follows: The best measure we all take is to protect ourselves. Unless it is necessary for this, unless we have a necessary condition, let's not leave our homes. Let's keep social distance. Let's not particularly rely on speculative statements on social media. When we act with a common mind, it is obvious that we will easily overcome any obstacles, let's keep this belief alive.