Treasury Guarantees: Exchange Volatility and Manufacturing Industry

treasury guarantees: The new fund under the Treasury guarantees will help the banking system re-accelerate its credit growth, he said, according to Global Times China. Turkish government will also give additional support to projects with an investment incentive to the manufacturing industry in a move to encourage and increase private sector investments in 2017, local broadcaster NTV reported. Speaking at a press conference about the decision of the Economic Coordination Committee meeting last week, Yildirim revealed measures to revive economic growth and minimize foreign exchange volatility. The PM promised to fully implement a corporate tax cut in 2017. Yildirim noted Turkey would also increase the capital of the Turkish Eximbank to boost the country exports. Turkey will provide vocational training to 500,000 people in the next year in the private sector as another 100,000 would continue to work for benefit of society program, mainly in the country eastern and southeastern regions. (news.financializer.com). As reported in the news.