Debt/tax plan netted Turkey $6.5B: Finance minister

ANKARA

Turkish government has collected almost 23 billion Turkish liras ($6.5 billion) through its the latest debt and tax restructuring plan, Finance Minister Naci Agbal told Anadolu Agency on Friday.

Tax debt restructuring proceeds in May alone totaled 2.57 billion liras ($726 million), he said.

Agbal said that some 12.3 billion liras ($3.48 billion) were collected in 2016 after the government introduced a comprehensive tax and public receivables restructuring plan.