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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The Çatalköy-Esentepe Municipality is implementing a significant project to support stray animals
The Çatalköy-Esentepe Municipality is implementing a significant project to support stray animals, following the principles of social municipal governance. Under the initiative of Mayor Ceyhun Kırok, food waste from hotels will be repurposed into nutritious and beneficial meals for stray cats and dogs.Rental prices for apartments in TRNC have increased
Rental prices for apartments in TRNC have increased by an average of 22 percent over the past year.New Work Permit Regulations Come into Effect for Foreign Nationals
The Ministry of Labor and Social Security has announced new requirements for employers applying for work permits for third-country nationals. Starting February 25, 2025, employers will be required to submit a security deposit of 250 euros and provide a notarized undertaking. This regulation is based on Article 34 of the Regulation on Work Permits for Foreigners under Law No. 63/2006.A New Mortgage Loan Program Launched in K.K.T.K.
A new mortgage loan program has been launched in K.K.T.K. for citizens who do not have registered housing in their name, their spouse’s name, or their children under 18. The program is intended for families with an income of up to 250,000 Turkish lira and offers favorable conditions.
