Turkey Plans Tiered Gas Pricing to Cut Trade Gap, Sabah Reports
The measure will target low-income families and provide incentives for energy savings to cut Turkey’s $15 billion annual gas bill, the Istanbul-based newspaper reported, citing Yildiz. Turkey may reduce energy consumption by as much as 30 percent, according to Sabah.
The current account deficit is equivalent to about 10 percent of Turkey’s $772 billion economy.
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