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Turkish finance minister says to cut tax on white goods for 3 months
February 3, 2017 / 7:30 AM / 10 months ago

Turkish finance minister says to cut tax on white goods for 3 months

ISTANBUL, Feb 3 (Reuters) - Turkey will remove the special consumption tax on white goods for three months, Finance Minister Naci Agbal told the state-run Anadolu agency on Friday, in a bid to support domestic demand.

Shares in white goods maker Arcelik and Vestel were both up more than 3 percent on the plans.

Agbal also said taxes would be reduced on certain housing projects, which he said would boost the construction sector. (Reporting by Ercan Gurses and Humeyra Pamuk; Writing by Nick Tattersall)

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