
Turkey expects to spend an additional 50.4 billion lira ($1.38 billion) on higher retirees’ allowances and maternity benefits this year, an impact analysis report showed on Thursday.
A bill submitted to a parliamentary commission by President Tayyip Erdogan’s AK Party includes an increase to the Eid holiday allowances paid to 15.5 million pensioners by 1,000 lira ($27.32). There are also changes to maternity and child allowances in an effort to