According to the statements of the Central Bank Governor Erdem Başçı, the Turkish lira will show excessive appreciation.
Speaking at the finance meeting and answering questions, Governor Başçı announced that there will be interest rate cuts. In these days when the TL has started to appreciate excessively, he gave signals that a policy response will be given if necessary, and if it continues to be strong thereafter, significant steps will be taken in interest rate cuts.
2013 taxes are also on the agenda these days. In assessments made as a reason for the increase in taxes, the rates are expected to be around 7.8 percent.
An increase is also expected in car taxes. While approximately 480 lira tax was collected from cars between 1 and 3 years old, it was announced that the tax to be paid will increase to 517.4 lira with an increase of 37.4 lira.
For vehicles with an engine volume of 1300 to 1600 m3, an amount of 768 lira was paid under the Motor Vehicle Tax, and this rate increased to 828 lira with an increase of 60 lira. The penalty for a driver caught by radar increased from 319 lira to 344 lira. The penalty for driving under the influence of alcohol, which was approximately 650 lira, increased to 701 lira.
