21 November Tuesday

The 2018 Consolidated Budget of IMM is 42 Billion 600 Million TL…

“The 2018 Consolidated Budget,” “the Performance Report of the year 2018,” and “the 2018 Implementation Program of the IMM” were accepted at the General Assembly of the Istanbul Metropolitan Municipality (IMM).

Mayor Mr.  Mevlüt Uysal, who submitted the budget to the General Assembly, stated that they allocated 60 percent of the total 42 billion 600 million TL consolidated budget to transportation investments.

The General Assembly of the Istanbul Metropolitan Municipality has accepted the Fiscal Year 2018 Budget, the Performance Report for year 2018, and the 2018 Implementation Program. Mr Uysal, the Mayor of the Istanbul Metropolitan Municipality, submitted the 2018 Consolidated Budget to the General Assembly of the Istanbul Metropolitan Municipality and gave information about the investments in the stated meeting under the presidency of Mr. Göksel Gümüşdağ, the First Deputy Mayor of the Istanbul Metropolitan Municipality, Dr. Hayri Baraçlı, the Secretary-General of the Istanbul Metropolitan Municipality, the Deputy Mayors of Istanbul Metropolitan Municipality attended the meeting.

Mayor Mr. Uysal announced that the budget for the year 2018 was TL 20 billion 100 million and said “This means an increase of 8.65% in our budget compared to the past year”.

The 2018 general budget of the Istanbul Metropolitan Municipality (IMM) was set to 20 billion 100 million TL. The 2018 Consolidated Budget of the IMM was set to 42 billion 600 million TL with the participation of the ISKI (Istanbul Water and Canalization Administration) which has 7 Billion 436 millon TL and İETT (Istanbul Electricty Tramway Tunnel Enterprises) which has 2 Billion 140 million TL. Sixty percent of which was allocated to investments, and transportation investments took first place. The budget for the fiscal year of 2018 was increased by 8,65compared to 2017.

The 2018 Consolidated Budget submitted to the the General Assembly of the Istanbul Metropolitan Municipality was accepted with 162 affirmative votes and 58 nay votes.

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