Minister Işıkhan: Fund resources cannot be used in other areas
Minister of Labor and Social Security Vedat Işıkhan announced at the Grand National Assembly of Turkey Planning and Budget Commission that the Unemployment Insurance Fund resources are kept in Takasbank and that these resources cannot be used in other areas or speculative transactions.
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Minister Işıkhan answered the questions of the MPs at the Grand National Assembly of Turkey Planning and Budget Commission and made statements regarding the Unemployment Insurance Fund.
Minister of Labor and Social Security Vedat Işıkhan answered the questions of the MPs at the GNAT Planning and Budget Commission. Making a statement regarding the Unemployment Insurance Fund, Minister Işıkhan stated that the fund has no connection with the liquidated funds.
EXPLANATION ON THE USE OF FUNDING RESOURCES
Stating that the Unemployment Insurance Fund resources are utilized in Takasbank as clearly stated in the relevant regulation, Minister Işıkhan emphasized that it is not legally possible to use these resources in other areas.
Minister Işıkhan said that it is not legally possible to utilize funding resources in other areas and use them in speculative transactions.

12 people were injured, 3 of them seriously, in the fire that broke out in worker containers at the construction site in Adapazarı Korucuk District. The fire was intervened with 9 vehicles and 21 personnel and was extinguished.

European union and association representatives held a meeting in Paris between 20-22 November and called for coordinated action across the continent with demands for the cost of living, energy, food and housing prices, wage increases and public services.

Minister of Labor and Social Security Vedat Işıkhan announced that the Unemployment Insurance Fund has no relation with the liquidated funds, that 11 thousand 39 inspections were carried out in 2026 and a penalty of approximately 800 million lira was imposed on 3 thousand 274 workplaces. He also stated that 144 thousand students were provided with internship opportunities and the female workforce participation rate increased to 35.2 percent.

KESK criticized the economic and budget policies of the government, stating that the purchasing power of public employees and retirees decreased in response to TÜİK's October inflation data. It was emphasized that the 2026 and 2027 inflation targets were revised, salary increases were limited and taxes were imposed on workers.

Minister of Labor and Social Security, Vedat Işıkhan, announced at the Grand National Assembly of Turkey Planning and Budget Commission that no penny was transferred to the Unemployment Insurance Fund, and that the fund sources were used in government domestic debt securities, public deposit and participation banks and Takasbank. He reported that 11 thousand 39 labor inspections were carried out in 2026, the female employment rate increased to 35.2 percent and 8 thousand 845 medicines were included in the scope of reimbursement.
Minister of Labor and Social Security Vedat Işıkhan announced that the Unemployment Insurance Fund resources are not associated with liquidated funds and are not used in speculative transactions. Fund resources are kept in State Domestic Debt Securities, public deposits, participation banks and Takasbank in accordance with the Public Treasury Regulation. With the regulation change dated January 19, 2022, lending started through Takasbank, and the transactions are secured and carried out through Halkbank and Halk Yatırım. It was stated that the fund was audited by the Court of Accounts and independent auditing institutions and that no transactions were made with fund management companies.