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Turkish Cypriot government allocates 84 percent of the budget to wages of civil servants and retired personnel.

Turkish Cypriot Prime Minister Irsen Kucuk says Turkish Cypriot people are on the eve of a significant change as the economic order in Turkish Republic of Northern Cyprus, or TRNC, is not sustainable and must change.

TRNC government is working on plans to implement austerity measures in a bid to clear up the budget and public finance. Government's measures are backed by Turkey who pumps hundreds of millions of lira every year into the island to keep TRNC economy alive. However, Turkish Cypriot government's measures have drawn criticism from people, who staged protests against the government and also Turkey.

"It is clear that current economic order cannot go on. It is not sustainable, it must change," Irsen Kucuk told a press conference about government's plans on social, economic and political reforms.

Turkish Cypriot government allocates 84 percent of the budget to wages of civil servants and retired personnel.

"This is not a fair economic system," Kucuk said. "We are determined to carry out a new program."

TRNC government plans to slash salaries in a move to heal budget wounds. Irsen Kucuk said wage cuts would start from top officials, such as ministers, lawmakers, and senior bureaucrats.

In a rally to protest austerity measures late January, a group of Turkish Cypriots, which the Turkish government believes have links to Greek Cyprus, chanted anti-Turkey slogans, asking the Turkish government not to interfere in their affairs. "Ankara, we don't want your money or [austerity] package," protesters wrote on banners.

Turkish government lashed out protests with Deputy Prime Minister Cemil Cicek saying, "those people swear at us, at Turkey, saying [take your money and leave]; but one day later they do not hesitate to take the money we sent." Cicek was referring to Turkey's financial aid sent to TRNC to keep the North Cyprus economy alive.

Turkish Cypriot opposition plan to stage another rally on March 2 to protests government measures.

Irsen Kucuk said his government does not approve such banners and called on all political actors in the island to help avoid such libellous banners and slogans.

"No one can cause a rupture in our ties with the mainland," Kucuk said.

http://www.worldbulletin.net/?aType=hab ... leID=70452

[All4114All]

Turkish Cypriot government allocates 84 percent of the budget to wages of civil servants and retired personnel.

Turkish Cypriot Prime Minister Irsen Kucuk says Turkish Cypriot people are on the eve of a significant change as the economic order in Turkish Republic of Northern Cyprus, or TRNC, is not sustainable and must change.

TRNC government is working on plans to implement austerity measures in a bid to clear up the budget and public finance. Government's measures are backed by Turkey who pumps hundreds of millions of lira every year into the island to keep TRNC economy alive. However, Turkish Cypriot government's measures have drawn criticism from people, who staged protests against the government and also Turkey.

"It is clear that current economic order cannot go on. It is not sustainable, it must change," Irsen Kucuk told a press conference about government's plans on social, economic and political reforms.

Turkish Cypriot government allocates 84 percent of the budget to wages of civil servants and retired personnel.

"This is not a fair economic system," Kucuk said. "We are determined to carry out a new program."

TRNC government plans to slash salaries in a move to heal budget wounds. Irsen Kucuk said wage cuts would start from top officials, such as ministers, lawmakers, and senior bureaucrats.

In a rally to protest austerity measures late January, a group of Turkish Cypriots, which the Turkish government believes have links to Greek Cyprus, chanted anti-Turkey slogans, asking the Turkish government not to interfere in their affairs. "Ankara, we don't want your money or [austerity] package," protesters wrote on banners.

Turkish government lashed out protests with Deputy Prime Minister Cemil Cicek saying, "those people swear at us, at Turkey, saying [take your money and leave]; but one day later they do not hesitate to take the money we sent." Cicek was referring to Turkey's financial aid sent to TRNC to keep the North Cyprus economy alive.

Turkish Cypriot opposition plan to stage another rally on March 2 to protests government measures.

Irsen Kucuk said his government does not approve such banners and called on all political actors in the island to help avoid such libellous banners and slogans.

"No one can cause a rupture in our ties with the mainland," Kucuk said.

http://www.worldbulletin.net/?aType=hab ... leID=70452

Many articles including this one points to the austerity package.

Then these comments;

"It is clear that current economic order cannot go on. It is not sustainable, it must change," Irsen Kucuk told a press conference about government's plans on social, economic and political reforms.

I would like to send a loud message to Mr Kucuk the reasons the economy order cannot go on is not because of high wages or measures that need to be taken in order to control the economy such as the austerity package. It is your loss of control to stop the influx of mainland Turks pouring into Northern Cyprus uncontrolled.

So for arguement sake the North would received 500millionTL per year to accommodate for 300,000 population now with the same amount it would need to accommodate 600,000 of the population. So instead of Turkey every year increasing its budget into Northern Cyprus they would like to reverse or put some stop on the increse. Hello! Austerity package.

So control the mainlanders comming so the increase of population can be maintained, clearly you don't have the budget for such an influx.