As part of the Presidency's program for 2019, 1,1 billion lira resources will be allocated for R&D projects of TÜBİTAK, while TCDD will spend 3,5 billion lira for high-speed train investments.
The decision regarding the approval of the "Presidential Year Program of 2019", prepared by the Ministry of Treasury and Finance and the Strategy and Budget Directorate, was published in the Official Gazette. According to the aforementioned program, exports are expected to increase by 2019 percent to $ 7,1 billion in 182, and imports to increase by 3,4 percent to $ 244 billion; Thus, foreign trade deficit is expected to decrease to 62 billion dollars.
While export and import prices are expected to increase by 2019 percent in 1, real exports and imports are expected to increase by 6,1 percent and 2,4 percent, respectively. 2019 billion lira budget is allocated to local administrations and funds as a share of taxes for 114,3.
In order to support growth, transfers will be continued for activities and projects aiming at encouraging exports, tourism and other productive sectors and reducing inter-regional development differences. In this context, 1,5 billion pounds for KOYDES, 0,8 billion pounds for SUKAP, 166 million pounds for SODES 332 million pounds was allocated budget for development agencies. In addition, TUBITAK was allocated 1,1 billion pounds for R & D projects. TCDD was allocated 3,5 billion liras for the financing of high-speed train investments.
Source : I www.webtekno.co