The General Assembly of the Turkish Grand National Assembly has made an important development by enacting the “Family and Youth Fund” proposal, which newly married couples were eagerly awaiting. With the bill accepted unanimously, couples interest free loan will be able to benefit from the opportunity. Here are the details..
A 2-year grace period loan will be available with the Family and Youth Fund!
With the draft law recently submitted to the Turkish Grand National Assembly, the way was paved for state support to be given to couples who are preparing to get married. The Family and Youth Fund, established with this proposal that became law, provides support for young people. Interest-free and 2-year repayment-free loan will offer support. 150 thousand lira This loan will be offered with a limit in four years will be expected to be closed.
Family and Youth Fund to be established under the Ministry of Treasury and Finance; The state’s share of oil, natural gas and mineral resources twenty percent It will operate by transferring some of it. AK Party Group Deputy Chairman Leyla Usta said, “The essence of this article is the protection of the family, which is what makes us human and what we consider sacred.” The fund, he emphasized with his statements, will provide a regular cash flow by being fed from a number of official financial resources in addition to mining and fossil fuel revenues.
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The law regarding the support the state will provide to couples who are getting married will come into force after it is published in the Official Gazette. The loan support, which can be applied for online, will be available to all couples across the country, starting from the earthquake zone. In addition, the credit support provided by the fund will be increased every year by the rate of inflation.
So, what do you think about this development? Are you thinking of taking advantage of this interest-free loan advantage? You can share your opinions with us in the comments section.