Page 90 - On-birleştirildi

Türkiye’s Fight Against COVID-19 Pandemic

the COVID-19 measures to benefit from the force majeure provisions and
postponing public receivables. This way, the loss of income, which could have
been caused by the transfer of the existing resources of enterprises into the
public, has been avoided.
2. Measures Taken through Regulations regarding Economic

and Commercial Relations

In addition to the enterprises that were closed within the scope of the
measures taken against COVID-19, there was a need to make arrangements
for the enterprises that had a slowdown in their activities whose earnings
decreased due to the lack of demand and supply. In this context, it has been
decided that besides the measures taken to protect the operating assets and
not to disturb the cash flows, economic support payments can be made to the
enterprises. Moreover, several measures have been determined by the relevant
institutions regarding the public procurement procedure and to protect
investors and enterprises in the capital markets. Additionally, arrangements
have been made for commercial activities to avoid interfering with them and
especially to supply the necessary materials in the fight against the pandemic,
this way, unfair practices have been prevented.
3. Measures Taken through Regulations regarding Central
Bank and Banking Sector

Certain measures have been taken both through the policies implemented
by the Central Bank and the regulations regarding the banking sector to ensure
economic stability during and after the pandemic so that the cash flow of
financial markets, banks and companies continues to operate uninterruptedly
and soundly. In other words, one of the main objectives has been to meet the
cash flow needs of the enterprises as much as possible.

The measures taken against the impacts of COVID-19 through the
Central Bank, which is authorized to use monetary policy tools, aim to
provide the liquidity required by the banking sector and the real sector under
favorable conditions. In this context, necessary measures were taken for the
financial markets and the real markets (indirectly) with the three decisions

89