Will KYK debt be eliminated? Good news about KYK loan debt! From 4 million to 500 billion …



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COVERS 500 BILLION OF DEBT:

About 4 million citizens are expected to benefit from the restructuring that will be included in the package. The total debt to be structured is around 500 billion liras.

ONE YEAR DELAY AND LONG TERM:

The AK Party group pointed out that there is a problem in the payment of debts due to the pandemic and said: “In this environment, if the debts are structured and the installments are started immediately, there may be difficulties in the payments. That they are postponed. all debts for a year and then the installments begin. ” Studies have also started with a one-year delay. However, the deferral period is also on the agenda to be 6 months or less. It is planned to divide the debts into long-term installments after the delay.

INTEREST AND PENALTIES WILL ALSO BE REDUCED:

With the package, whose scope will be broader than other configurations, it is expected to reduce the interest on bad debts of the public debt, delay the increase, etc. However, it is unclear how much these fees will amount to. In addition, it will stop all kinds of foreclosure transactions with respect to those who will pay their installments regularly.

REGULAR PAYERS OF YOUR DEBTS:

The issue of rewarding citizens who pay their debts regularly came to the fore. There is talk of gesturing towards them. This issue is in the reflection stage and has not yet been resolved.



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