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he added.
Around Turkish lira (TRY) 18bn ($2.6bn) had been spent by the state so far under the two programmes, Erdogan also said.
Turkey’s “short labour pay” partially covers wages of formally-employed workers whose hours are cut. It came into effect shortly after the first COVID-19 case was officially logged by the country on March 11.
There have been calls from officials in Turkey’s hard-hit tourism sector and other sectors in trouble to extend the system by another three months.
4.4.2 Income dynamics
The poverty threshold for a four-person household stood at Turkish lira (TRY) 7,639 (7,045 in December) per month as of March while hunger threshold (minimum food expenditure for a four-person family) stood at TRY2,345 (TRY2,163 in December) and minimum cost of living for a single person was TRY2,847 (TRY2,650 in December), according to a monthly survey by the yellow labour union Turk-Is.
The monthly net minimum wage was TRY2,020 in 2019 and it was hiked to 2,324 for 2020.
Around 40% of Turkey’s labour force earns a minimum wage.
4.4.3 Retail sector dynamics
Credit card and debit card payments in Turkey surpassed pre-lockdown levels, according to data from the Central Bank of the Republic of Turkey (CBRT).
Turkey officially confirmed its first coronavirus (COVID-19) case on March 11 and TRY21.3bn was recorded in the week ending March 13 when COVID-19-driven stockpiling occurred.
However, initial measures to curb the virus outbreak only arrived with a two-week lag.
As a result, the first impact of the health and economic emergency on card payments — a sign of real consumption in the country — was felt in the week ending March 27 when the total value of such transactions fell sharply to
21 TURKEY Country Report August 2020 www.intellinews.com