Turkish Industry Min: "No Extension On Tax Cuts" - IHA

ANKARA -- Turkish Industry Minister Nihat Ergun said Wednesday there will be no extension to tax cuts that the government implemented for some sectors in order to revive the economy, the Ihlas News Agency, or IHA, reports.

In March, the Turkish government introduced various tax cuts for some sectors, including automotive, white goods, and electronics.

The government in June extended the period of tax cuts for a further three months in a bid to boost the economy.