Politics · Turkey · 8 hrs ago
Turkey’s cabinet to discuss payments for investors in funds being wound up
President Recep Tayyip Erdoğan is due to chair Turkey’s cabinet meeting on October 12 at the Presidential Complex in Beştepe.
The main topic is investment funds that have been ordered to close and the investigation related to them.
A nine-point bill submitted to parliament would allow eligible investors to receive interim payments of up to 1 million lira per person.
The payments are planned to come from the funds’ assets.
The cabinet is expected to discuss the bill’s progress and preparations for payments and the funds’ closure.
It will also review the “Terror-Free Türkiye” process, regional developments and the economy.
The meeting is expected to cover US-Iran contacts, Gaza and the Russia-Ukraine war, as well as inflation and price stability.
Turkey’s cabinet is due to discuss planned interim payments to investors in investment funds being wound up.
The meeting, chaired by President Recep Tayyip Erdoğan, is scheduled for Monday, October 12.
A nine-article bill on the payments and fund liquidation has been submitted to parliament.
The bill proposes interim payments of up to 1 million lira per investor, subject to specified conditions.
The payments are planned to be made from the funds’ assets.
- Who
- Turkey’s cabinet, chaired by President Recep Tayyip Erdoğan.
- What
- It is due to discuss the liquidation of investment funds and planned interim payments to investors.
- When
- Monday, October 12. The article was published on October 11, 2026.
- Where
- The Presidential Complex in Beştepe.
- Why
- To consider preparations for investor payments and the liquidation process, alongside the bill’s legislative progress.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
A nine-article bill on interim payments to investors and the liquidation of the funds was submitted to parliament.
The cabinet is scheduled to meet at the Presidential Complex in Beştepe to discuss the funds and other issues.
- Meeting date
- October 12
- Meeting chair
- President Recep Tayyip Erdoğan
- Bill length
- Nine articles
- Proposed maximum payment
- 1 million lira per investor
- Payment source
- Assets of the funds being wound up
Sources
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