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Turkey reports $10 billion in public-sector savings

AgenciesAtop Turkish economy official stressed on Sunday the commitment to saving in the public sector as he evaluated the figures for 2024-2025, pledging to direct resources to pr...

Turkey reports $10 billion in public-sector savings

Turkish Treasury and Finance Minister Mehmet Şimşek has highlighted the significant savings of approximately $10 billion in the public sector for the 2024-2025 period. Minister Şimşek stated, "Our determination for saving in the public sector is yielding results," emphasizing the commitment to saving and directing resources towards priority areas.

The minister attributed the success to a strong monitoring, auditing, reporting, and enforcement model implemented across various public sector areas like vehicles, service buildings, fixed assets, and energy use. The savings of TL 484 billion exceeded the combined budget of six ministries for the following year, suggesting a shift towards more effective and efficient resource utilization.

Written by urgent.news from Qatar Tribune Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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