March 18, 2020 / 4:16 PM / 11 days ago

Erdogan unveils $15-bln package to support Turkish economy

ANKARA, March 18 (Reuters) - President Tayyip Erdogan said on Wednesday Turkey would postpone debt payments and reduce tax burdens in various sectors under a 100 billion lira ($15.4 billion) package to support the economy and lessen the impact of the coronavirus pandemic.

At a news conference after Turkey announced overnight a doubling of its confirmed cases in one day to 98, Erdogan called on banks not to limit loans and for companies not to cut jobs, while vowing to support Turkish Airlines. (Reporting by Ece Toksabay and Ali Kucukgocmen; Writing by Daren Butler; Editing by Jonathan Spicer)

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