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World / Middle East

Erdogan announces $15bn coronavirus aid package for Turkish economy

Published: 18 Mar 2020 - 07:35 pm | Last Updated: 03 Nov 2021 - 11:25 am
President of Turkey Recep Tayyip Erdogan delivers a speech after coordination meeting of fight against coronavirus at Cankaya Palace in Ankara, Turkey on March 18, 2020. Murat Cetinmuhurdar - Anadolu

President of Turkey Recep Tayyip Erdogan delivers a speech after coordination meeting of fight against coronavirus at Cankaya Palace in Ankara, Turkey on March 18, 2020. Murat Cetinmuhurdar - Anadolu

AFP

Ankara: President Recep Tayyip Erdogan on Wednesday announced a $15 billion package to help the Turkish economy cope with the crisis over the new coronavirus, and urged Turks to leave their homes as little as possible.

He announced a series of measures including tax cuts for businesses and help for low-income households, including those on minimum wage and the retired. He added now was "the time to keep our contact with the outside world at a minimum."