130.2 billion liras were paid

MİTHAT YURDAKUL Ankara - Şimşek stated that some funds weakened due to manipulation started to default in mid-September and that the CMB decided to liquidate 131 funds and said, "These funds, which have approximately 456 thousand shareholders, accounted for 4.6 percent of the total number of funds, 7.7 percent of the total fund portfolio, 2.4 percent of household financial assets and 10 percent of the national income as of September 17." "As for the impact of these developments on the real economy, according to the published study of the Central Bank, approximately 3 thousand real sector companies have an investment of 116 billion lira in the funds within the scope of liquidation. The share of these companies in employment is 0.6 percent and their share in turnover is 0.9 percent. Companies with high fund exposure constitute 3 in ten thousand of employment and 2 in ten thousand of commercial loans."

Expressing that the share of these companies in the economy is quite limited, Şimşek gave the following information: "Fund assets, resources in recovery accounts and amounts in optional return accounts are used in the payments made to fund shareholders, and resources from the public budget will not be used. Within the scope of ordinary liquidation, 68 billion lira was paid to 71 thousand 899 accounts in 93 funds. Within the scope of extraordinary liquidation, a total of 542 thousand 975 accounts in 15 funds as of November 4, 2026." "62.2 billion liras of interim payment have been made. To date, 130.2 billion liras have been paid to 614 thousand 874 accounts in 108 funds, to 420 thousand 31 unique people, and 179 thousand 449 people have received the full net investment amount."

9 billion lira assets from abroad

Drawing attention to the work done by MASAK, Şimşek said, "As of November 4, 100 transactions worth approximately 3.8 billion lira were postponed, and as a result of cooperation with foreign counterparts in 36 different countries, assets worth 9 billion lira were detected and submitted to the information of the judicial authorities."

Premium support will increase

Şimşek stated that they will increase the premium support for businesses that maintain employment in some manufacturing sectors, especially textile, ready-made clothing, leather and furniture, and tourism, in 2027.

Age and premium to cover all retirees will come to the fore