Minister Şimşek’s Savings Circular to Public Institutions

The Minister of Treasury and Finance, Mehmet Şimşek, has issued a circular urging all public institutions to review their expenditures and prioritize savings. The circular emphasizes the need to closely monitor and follow savings without any compromise.

The circular, sent by Minister Mehmet Şimşek to public institutions, announces that comprehensive restrictions will be implemented in various areas such as vehicle acquisition and rental, representation expenses, ceremony and entertainment expenses, and promotion expenses. The purpose of these restrictions is to ensure efficient use of public funds.

Public administrations that fall within the scope of the circular are required to officially notify the Ministry of Treasury and Finance by July 28, 2023. They should outline the savings achieved through their internal works and transactions during the specified period.

The circular aims to promote responsible and efficient spending in public institutions. By closely monitoring and following savings, the government aims to optimize the use of public funds and ensure their effective utilization.

In conclusion, the circular signed by Minister Şimşek emphasizes the importance of reviewing expenses in public institutions and implementing measures to achieve savings. It is expected that these efforts will contribute to the overall financial stability of the country and lead to more responsible use of public resources.

 

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