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Trade Ministry to Provide 80 Million Lira to Istanbul Flood-Hit Tradespeople

Trade Minister Ömer Bolat announced 80 million lira in cash aid for Istanbul tradespeople hit by the Oct 14-15 floods, to be sent via TESKOMB on Oct 19.

1 min read Source: ticaret.gov.tr

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What changed: Trade Minister Ömer Bolat announced that 80 million lira in cash support will be provided to tradespeople affected by the flooding caused by the heaviest rainfall in 84 years, which hit Istanbul on October 14-15. The support will be sent via TESKOMB to the Istanbul Governorate's order on Monday, October 19, and distributed to affected tradespeople under the Governorate's coordination.

Who is affected

Tradespeople (esnaf) in Istanbul affected by the October 14-15 flooding are covered; the source does not mention any other business group.

What it means for your business

For shopkeepers and tradespeople whose businesses were damaged by the Istanbul floods, this means they can receive cash support coordinated through the Istanbul Governorate and sent via TESKOMB.

What to do

Affected tradespeople should follow guidance from the Istanbul Governorate and TESKOMB regarding distribution of the support.

When it takes effect

The support will be sent via TESKOMB to the Istanbul Governorate's order on Monday, October 19, 2026.

Source: https://ticaret.gov.tr/haberler/ticaret-bakani-omer-bolat-istanbulda-selden-etkilenen-esnafa-80-milyon-lira-nakdi-destek-saglanacagini-acikladi

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