Financial Stability and Development Committee
Government slashes VAT on furniture
Value added tax (VAT) on furniture has been slashed from 18 percent to 8 percent, Treasury and Finance Minister Berat Albayrak has announced.
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Measures against macroeconomic risks discussed in Turkish finance meeting
Measures to be taken on parities, liquidity and foreign exchange reserves against macroeconomic risks were discussed at the first Financial Stability and Development Committee (FİKKO) meeting under the chairmanship of Treasury and Finance Minister Berat Albayrak on Nov. 1.
China's Xi tells central bank to play bigger role in managing financial risk
China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial system, President Xi Jinping said at a once-in-five-years government work conference that ended on July 15.