Bendevi Palandöken, President of the Confederation of Tradesmen and Craftsmen (TESK), said, “I hope the economy will recover as soon as possible, these interest rates will go down to the old level again, and tradesmen can easily use loans. After all, tradesmen are not the cause of the rise in interest rates in the market.”
Bendevi Palandöken, President of the Confederation of Tradesmen and Craftsmen (TESK), said, “I hope the economy will recover as soon as possible, these interest rates will drop to the old level again, and tradesmen can easily use loans. After all, tradesmen are not the cause of the rise in interest rates in the market.”
TESK President Bendevi Palandöken made statements about the rise in inflation and loan interest rates. Palandöken stated that they will continue to fight against inflation together with relevant ministries such as the Ministry of Trade and the Ministry of Finance. Palandöken said that the rise in inflation has brought a mobility to loan interest rates, “Previously, our tradesmen used the commitment made with the loan they received for 2 years, 3 years or 5 years to benefit from the opportunities provided by the state. However, these negativities in the economy caused loan interest rates to rise. It was again the tradesmen who were victimized in this rise. Loan interest rates were 7.5 percent, rising to a figure of up to 30 percent. If they had been limited to the rate they had previously received in the commitment agreement, there would not have been such a reaction in terms of tradesmen.”
“WE CONTINUE OUR WORK ON THE ARTICULATION OF THEIR PROBLEMS”
Palandöken said that as TESK and TESKKOMB, they are working for the solution of the problem related to loan interest rates, “Everyone knows that the cost of money is high. However, the difference between the interest rate on the loans that tradesmen used before and the interest rate on the loans they will use from now on is very important. We continue our efforts to voice the problems of our tradesmen on this issue. We will continue to fight together with our President and relevant ministries such as the Ministry of Trade and the Ministry of Finance. Hopefully, the economy will recover as soon as possible, these interest rates will go down to the old level again, and tradesmen can easily use loans. After all, tradesmen are not the cause of the rise in interest rates in the market.”
Source: AA
