Ankara Chamber of Industry (ASO) President Nurettin Özdebir, only 40 thousand liras of the industry will have a (Value-added tax) KDV receivable from the state, stating that bir for this, the state should give the industrialist the Treasury paper. Let's give this to the banks as collateral. Meeting with journalists at a meeting, Özdebir said that the recent developments in exchange rates, the problems of industrialists and the proposals for solutions have been presented to the ministries of Treasury and Finance, Trade, Transport and Infrastructure and Industry and Technology.
One of the most important among the 15 topics in the report is related to KDV refunds which are closely related to the industrialists of the industry. ASO Chairman Özdebir said: 40 billion liras of 200 billion TL KDV will be related to industrialists. For this, the state said, We have a 5-year term and give the industrialist a treasury paper. Let's give this to the banks as collateral. Özdebir voices that the companies do not have any guarantees to give to the banks and that access to finance is the biggest problem in the market.
Özdebir, the exchange rate and interest rates in the negative impact on the real sector pointing out, until the markets return to normal businesses should save time, he said.
Özdebir said that the debts of the industrialists in foreign currency should be restructured. Gradually the complaints of recalling loans started to come. In addition, banks are asking for additional collateral due to the increase in debt arising from the exchange rate difference.
Özdebir explained that one of the most important among the 15 topics in the report is related to KDV refunds which are closely related to industrialists. 40 billion liras of 200 billion TL KDV receivable is related to industrialists. For this, the state said, we have a 5-year term and give the industrialist a treasury paper. Let's give this to the banks as collateral. Özdebir voices that the companies do not have any guarantees to give to the banks and that access to finance is the biggest problem in the market.
Özdebir, the exchange rate and interest rates in the negative impact on the real sector pointing out, until the markets return to normal businesses should save time, he said. Özdebir noted that there is a serious window of opportunity for export. We need to open the way for exports and support exports. Perhaps some resources can be transferred to Turk Eximbank. Özdebir underlined that South America constitutes a serious potential in terms of exportation. I 60% of the foreign trade of South American countries is realized with European countries. We are 2 hours closer from Europe. Why don't we go out there and sell things? We need to work on this issue.. Ministry of Trade, Foreign Economic Relations Board, Turkey Exporters Assembly rooms such as institutions and organizations Özdebir that you need to contribute to the development of export to South America, in this sense, not the destination country, proposed a trade matched the target company on both sides.
Some problems stemming from exchange rate differences are included in the report, he said. We give balance sheets. We will make our balance sheets at the end of the year. We need to multiply our foreign currency receivables by the current rate and transfer them to our accounts in this way. Well, let's say that I exported 180,000 dollars of goods to the country of X. Then $4, now $ 6.5. This money I have not received, but at the end of the year this foreign exchange will appear as a profit of financing and will ask for my tax. Therefore, this money is reflected in the balance sheet when realized. So when I take the money, I can make this correction.
Özdebir, voicing the demands of the investment climate in the report on behalf of what they want to be sustainable, the importance of Turkey's power to ensure the survival of the country's production was noticed. Reminding that many decisions regarding the preference of domestic goods in public tenders were published, Özdebir said that 15 percent price advantage for the domestic product does not function at the desired level.