Turkey’s foreign debt surpasses 47 percent of national income
Mustafa SÖNMEZ /Hürriyet Daily News /April 7 2014 When Turkey’s 2013 growth external debt…
Turkey’s so-called city hospitals — sprawling medical complexes that President Recep Tayyip Erdogan has touted as a “dream” project — have come to produce such colossal bills for taxpayers that not even prodigality could explain away the irrational “build-operate-lease” model on which they rest. While the urgency of the COVID-19 pandemic has overshadowed the unprecedented costs, monthly budget spending figures by the Health Ministry suggest that the city hospitals might swallow up tens of billions of dollars in public money by the time their 25-year contracts with the government end.
Read more: https://www.al-monitor.com/pulse/originals/2020/08/turkey-city-hospitals-threaten-financial-black-hole-pandemic.html#ixzz6X4suCxFt