Turkey’s coronavirus relief package will provide $8-9 billion liquidity to the markets in the next three months

“Value added tax (VAT) on domestic airline flights has been cut to 1 percent from 18 percent for a period of three months,” Erdoğan said.

He added that accommodation taxes will also not be applied until November.

Also, social security premiums and VAT deductions have been suspended for six months across various sectors, including retail, malls, iron-steel, automative, logistic and textile.

Source: hurriyetdailynews.com

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