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Ombudsman Institution





               The purpose of these measures is to prevent bankruptcies and to try to ensure
               economic stability by preventing employment from being interrupted.

                  To prevent the emergence of economic depression in the country, certain
               measures have been taken to ensure the continuity of the companies that
               produce and provide employment.

                  Therefore, the measures taken for tradesmen and businesses in the country
               affect about 4 million natural and legal persons.  Within the scope of the
               Economic Stability Shield, financial resources of 8 billion 390 million TRY
               were allocated for 448,148 tradesmen in this process while 107 billion 412
               million TRY was allocated to 119,804 companies from the Credit Guarantee
               Fund.
                  In addition to this, certain measures have been taken to ensure the continuity
               of the activities of the enterprises as well as measures such as stopping their
               activities open to the public and recommendations to avoid attending such
               activities as much as possible, therefore, there are certain employees who face
               the risk of losing their jobs or were unemployed.

                  During this time, unemployment rates have risen across the world and
               it has been announced by the International Labor Organization that this
               rate will keep rising. Türkiye, like all countries, has taken measures to support
               employees with the aim of preventing the unemployment rate from rising.
               Turkish Statistical Institute (TÜİK) announced that the number of employed
               people was 27 million 266 thousand people as of January 2020.
                  1. Measures Taken for Tradesmen and Enterprises



                  As a result of enterprises’ suspending their activities for a certain period and
               social isolation policies around the world and in Türkiye to prevent the spread
               of COVID-19, economic relations have slowed down considerably. Ensuring
               that tradesmen and enterprises maintain their activities is crucial for the
               sustainability of production, economic growth, and protection of employment.

                  In this regard, some of the measures taken for tradesmen and enterprises
               are extending  the time limit of declaration/notification/reporting conducted
               using fiscal policy tools, adopting rate cuts, allowing the taxpayers affected by


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