Electricity and fuel tariffs as well as train and bus fares are to increase by 15% from April 1st next year, sources from the Finance Ministry say.
These increases will be done in accordance with the 2023 Budget proposals.
However, the budget also states that a separate decision is expected to be made regarding the goods and services that can be exempted from VAT by conducting a tax review before that.
Simultaneously, a new VAT Act is also to be introduced.
In addition, all government fees are to be increased by 20%. These include highway tolls, marriage registration fees and company registration fees.