Turkey’s government has approved of new credit for Northern Cyprus under the protocol of 2013-15. Credit, which amounts to 500 million US dollars is to be focused on public sector reform. The decision of funding was published in Turkey on Thursday, following the meeting with officials from North Cyprus in Ankara, on 10th of February. A delegation from Turkey will visit monthly to check how the money are being spent.
Co-operation protocols between North Cyprus and Turkey have been signed since 1986, and starting from 2001 have included economic programs.
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More than 21 thousand houses are waiting for buyers in Northern Cyprus
As of the end of March, it was established that in Northern Cyprus there were more than 21 thousand houses offered for sale waiting for buyers. Economists note that stagnation in the real estate sector has led to an increase in the number of homes for sale.Karpas Research Station opened on Ronnas Beach
A research station has opened on Ronnas Beach, on the Karpaz, one of the most important spawning grounds for sea turtles. It will now host numerous studies, including turtles, migratory birds and wild donkeys.Marash is a billion pound project.
a consortium of billionaire businessmen from around the world, as well as the world's most successful hoteliers, has prepared a billion-pound project for Maras.Multi-storey parking projects in Kyrenia
The Mayor of Girne, Murat Şenkul, made a statement about the multi-storey parking projects initiated to solve the parking problem in the center of Girne and areas of Kervansaray.
