After the Presidential Cabinet meeting held in Beştepe, a statement was made about the assets accumulated in gold accounts. Making a statement after the cabinet meeting, President Recep Tayyip Erdoğan expressed the developments that concern precious metal investors. Cryptocoin. com we are conveying the details…
Gold resolutions announced
The price of gram gold and the dollar, which were volatile in the last weeks of 2021, prompted government officials. At the time of writing, the price of gram gold, which changed hands around 770 lira, exceeded 1,000 lira. In the meetings held in this context, it was stated that new economic instruments would become operational. One of the steps taken towards this was the recovery of gold and gold under the pillow into the economy. Regarding this, President Recep Tayyip Erdoğan made statements after the Cabinet meeting.
“We have published communiqués on the conversion from Central Bank Foreign Exchange Deposits and Gold Accounts to TL”, Erdogan said, adding that the assets held in gold accounts in banks can also be purchased as physical gold; He explained that accounts opened on the basis of mint products can be requested as physical gold. Stating that the withholding tax rate for exporter and importer companies was reduced to zero, TL forward foreign exchange selling auctions were started, Erdoğan announced that changes were made in the figures in the valuation of “scrap gold” in order to bring the gold under the pillow to the economy. Finally, the President used the following statements in his statements regarding gold:
Savings kept in gold accounts in banks can also be purchased as physical gold. Accounts opened on the basis of mint products can be requested as physical gold. The protocol regarding the more active operation of the credit guarantee fund is soon to be implemented.