$4.7B Spent On Environmental Protection In 2019: Turkey
Faizan Hashmi Published October 28, 2020 | 04:15 PM
Turkey spent 38.4 billion Turkish liras ($4.66 billion) for environmental protection in 2019, the country's statistical authority said Tuesday
ANKARA, (APP - UrduPoint / Pakistan Point News - 28th Oct, 2020 ) :Turkey spent 38.4 billion Turkish liras ($4.66 billion) for environmental protection in 2019, the country's statistical authority said Tuesday.
The figure increased by 1.2% in 2019 compared to the previous year, while share of environmental protection expenditure in gross domestic product dropped to 0.9% which was 1% in 2018, according to the Turkish Statistical Institute (TurkStat).
Waste management services accounted for 46.3%, while wastewater management services accounted for 37.8%, it said.
"Out of total environmental protection expenditure, 57.8% was realized by financial and non-financial corporations, 34.2% was realized by general government and non-profit institutions serving households and 8% was realized by households" TurkStat said.
Environmental protection investment, however, fell by 10.5% compare to 2018.
"Out of 6.4 billion TL [772.7 million] of environmental protection investment expenditure which decreased by 10.5% compared to the previous year, 76.9% was realized by financial and non-financial corporations and 23.1% was realized by general government and non-profit institutions serving households," according to Turkstat.
Figures released by TurkStat also showed investment expenditure for wastewater management services accounted for 3.3 billion Turkish liras ($398.3 million), while expenditures for waste management services and other domains were 1.4 billion Turkish liras ($169 million) and 1.7 billion Turkish liras ($205.2 million), respectively.
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