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23° AÇIK

BİRGÜN DAİLY 16.08.2016 09:01

State of emergency used as an opportunity for ‘privatization’

State of emergency used as an opportunity for ‘privatization’

Grand National Assembly Budget Commission has recently approved a resolution which enables privatization of certain state institutions that are operated under a specialized budget.

The most intriguing regulations put in force under state of emergency, which has been declared following the July 15 coup attempt, have been in the field of finance and economy. The newly established compulsory Personal Retirement Insurance, which stands as a blow on labor, and, the law on Repatriation of Wealth, which actually allows for laundering of illicit money, are among the examples of such regulations. In addition to these, there is now a proposal for a major wave of privatization of certain state institutions.

According to the reports of Hacer Boyacıoğlu from Hürriyet newspaper, if the administrations of state institutions that are operated commercially under a specialized budget appeal to the Privatization Administration, they could be put up for sale. The 35th article of the proposed omnibus bill opens the way for handing over – to the Privatization Administration - and selling of several state institutions.

As Privatization Administration legal advisor Mehmet Kilci has announced, the institutions that could be privatized are: Atatürk Forest Farm, Atatürk Culture Center, Coastal Security Forces, Milli Piyango (National Lottery), Spor Toto, TRT (Turkish Radio and Television), Turkish Petroleum Corporation, General Directorate of State Airports Authority, Turkish Coal Institution, Higher Education Loans and Dormitories Institution, GAP (Southeastern Anatolia Project) Directorate, State Theatres Directorate, State Opera and Ballet Directorate, General Directorate of State Hydraulic Works, TÜBİTAK (Scientific and Technological Research Council of Turkey), and Undersecretariat of Defense Industry.

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