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No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 11/08/2008 09:54 | Join or Login to Reply | Message 1 of 16 in Discussion |
| By how much does Turkey fund the infrastructure costs in the TRNC? |
deecyprus4

Joined: 27/07/2008 Posts: 3452
Message Posted: 11/08/2008 09:55 | Join or Login to Reply | Message 2 of 16 in Discussion |
| 30% i think |
Pipie

Joined: 05/01/2008 Posts: 5499
Message Posted: 11/08/2008 10:11 | Join or Login to Reply | Message 3 of 16 in Discussion |
| Posisbly not for much longer though , Turkey have warned that they will not continue to fund TRNC as they have before , hence Sept talks will be very interesting . |
cyprusishome

Joined: 31/03/2007 Posts: 2381
Message Posted: 11/08/2008 10:15 | Join or Login to Reply | Message 4 of 16 in Discussion |
| Somewhere in region of 275million ytl. Many Turkish politicians are concerned about where the money goes, like most here, they are asking for full accountability of all future payments. That should prove most interesting!! |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 11/08/2008 10:29 | Join or Login to Reply | Message 5 of 16 in Discussion |
| Worrying times ahead then for the TRNC! |
Pipie

Joined: 05/01/2008 Posts: 5499
Message Posted: 11/08/2008 11:01 | Join or Login to Reply | Message 6 of 16 in Discussion |
| crikey , re message 4 that is a lot of money coupled up with what the eu have contributed , where does the money go ???? |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 11/08/2008 12:16 | Join or Login to Reply | Message 7 of 16 in Discussion |
| I'm not surprised the Politicians are questioning where the money goes. That's a hell of a lot of money though. Even more worrying is that it's only 30% of the cost of the infrastructure. Surely that can't be right! |
PtePike


Joined: 20/05/2008 Posts: 2334
Message Posted: 11/08/2008 12:58 | Join or Login to Reply | Message 8 of 16 in Discussion |
| Doyen, I think the poor old Turkish taxpayer stumps up a lot more than 30% of TRNC infrastructure. The entire costs have been covered in many cases. No wonder Ankara wants to change the dependency culture that has flourished as a result. |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 11/08/2008 13:13 | Join or Login to Reply | Message 9 of 16 in Discussion |
| I'm inclined to agree Eric. It's probably close to 90%. However I can't see them withdrawing their financial support totally - can you? |
deecyprus4

Joined: 27/07/2008 Posts: 3452
Message Posted: 11/08/2008 14:01 | Join or Login to Reply | Message 10 of 16 in Discussion |
| £1,775 subsidy to every man woman and child in 2008 I just read an atricle in the TurkishPress website today. Turkey's subsidy to the TRNC for 2008 is set at YTL 790,000,000 So, that makes YTL 4,438 or £1,775 for every TC Citizen (178,000 according Wikipedia) No wonder Turkey would like to see Northern Cyprus embraced by the EU |
rtddci

Joined: 29/12/2007 Posts: 842
Message Posted: 11/08/2008 15:16 | Join or Login to Reply | Message 11 of 16 in Discussion |
| And we wonder why the TRNC government is putting up the cost of everything it can to raise revenue at the moment, mind you the current recession doesn't help, but neither does putting up prices. |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 11/08/2008 15:34 | Join or Login to Reply | Message 12 of 16 in Discussion |
| Almost £300m. Thats 20% of what the Labour government spends on its Quangos! |
PtePike


Joined: 20/05/2008 Posts: 2334
Message Posted: 11/08/2008 17:22 | Join or Login to Reply | Message 13 of 16 in Discussion |
| Bill, Nope, I can't see the bankrolling of the brethren ending overnight either. |
No1Doyen

 Joined: 04/07/2008 Posts: 16617
Message Posted: 13/08/2008 18:56 | Join or Login to Reply | Message 14 of 16 in Discussion |
| I'm sure it will happen soon though! |
PtePike


Joined: 20/05/2008 Posts: 2334
Message Posted: 13/08/2008 20:52 | Join or Login to Reply | Message 15 of 16 in Discussion |
| It needs to. But N Cyprus has lost so much talent in the brain drain over the decades that it's doubtful who will be capable of running the economic show |
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