Expected Privatization Revenue of 30 Billion TL for the Privatization Fund in 2025

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Expected Privatization Revenue of 30 Billion TL for the Privatization Fund in 2025

According to forecasts, the Privatization Fund is expected to generate 30 billion TL in privatization revenue by 2025. The decision regarding the "Approval of the 2025 Presidential Annual Program" prepared by the Presidency was published in the official gazette. In 2024, it is anticipated that there will be a cash inflow of 15 billion TL to the Privatization Fund as a result of privatization activities.

The program aims for the fund's revenues in 2025 to reach 398.6 billion TL, while expenditures are projected to be 395.5 billion TL, resulting in a surplus of 3.1 billion TL for the fund system. The program states that privatization activities will continue to create an efficient market mechanism.

Information related to state economic enterprises (SEEs) provided in the program includes: "It is planned that SEEs and institutions monitored within the privatization portfolio will generate a financing surplus of 66 billion TL in 2025. The achievement of this target is significant, depending on macroeconomic indicators remaining at the expected levels and the possibility of carrying out scheduled price adjustments, particularly concerning energy and food prices.

It is targeted that SEEs will make an investment expenditure of 405.6 billion TL in 2025. TPAO, which holds a significant share of total SEE investments, will continue its Sakarya Natural Gas Field Development Project concerning the natural gas reserves it discovered in the Black Sea, with the goal of increasing gas supply in 2025 compared to the previous year.

The impact of the oil production in the Şırnak Gabar region by TPAO aims to significantly increase the annual total crude oil production compared to 2024. Some of the financing for investments by BOTAŞ, TEİAŞ, and EÜAŞ will be covered by external project loans. The TMO is expected to procure 2.5 million tons of wheat and 1 million tons of corn, while TÜRKŞEKER is projected to purchase 7.7 million tons of sugar beets.