TUIK Approval May Be Approved for Minister’s ‘Average Rental’ Statement

While the Turkish lira is losing more and more value in the market every hour, this morning the dollar broke a record after breaking above 17. The dollar, which fell after the intervention by the Central Bank of the Republic of Turkey, hour 16.44 as of 21:48 level. While the living standards and purchasing power of the citizens continued to decline, an interesting statement came from the Minister of Treasury and Finance, Nureddin Nebati, regarding the rental prices.

After the fourth meeting on how much the minimum wage will be in 2022, a public statement was made yesterday. Economists and the public also expressed their opinions on Twitter about the new minimum wage, which was announced as 4 thousand 250 TL. Treasury and Finance Minister Nureddin Nebati once again drew attention with his statements about “average rents in city centers” at the General Assembly of the Grand National Assembly of Turkey, which he attended to hold budget negotiations on the minimum wage.

‘Rent is 1261 TL in the city center’

Making a statement about the new regulations on the minimum wage, Minister Nebati compared the current situation with 2003 and said: It can hold 468 kg of bread. In 2003, he bought 23 kg of veal for a minimum wage, and in 2022 can take 62 kg. While it could buy 57 kg of white cheese in 2003, in 2022 It will take 129 kg of feta cheese. In 2003, it bought 11 tubes, in 2022 Able to hold 24 tubes. While it could buy 124 liters of gasoline in 2003, in 2022 It will be able to take 489 liters of gasoline” he said.

At the same time, a statement came from the Minister Nabati about the average rent. Comparing the minimum wage in European countries with the rent in city centers, “The minimum wage in Berlin is 1585 Euros, while a rent in the city center is 1969 Euros. In Amsterdam, there is a 1701 Euro fee, while the rent is 2622 Euro. While there is a minimum wage of 1555 Euros in Paris, there is a rent of 2750 Euros. Our new fee in Turkey is 4250 TL, rents in the city center 1261 TL” he said.

TUIK may also be preparing to approve these statements:

It is not yet known which city and which center Minister Nabati was talking about in his statements. However, in a post on Haber Report’s Twitter account, Turkstat made a statement to confirm Minister Nabati’s words about average rents. alleged to have prepared a report. What are your thoughts on this? Do we have readers living in a city center with an average rent of 1261 TL? You can share your thoughts in the comments section.