TURKEY: Court backs down on privatisation

01 July 1994

The constitutional court narrowly voted on 15 June not to uphold an injunction against enabling legislation for the privatisation of state economic enterprises (SEEs). The injunction threatened to delay fundamental privatisation laws, as well as a decree paving the way for a key $2,000 million telecommunications deal (MEED 24:6:94).

The enabling legislation permits the government to issue decrees in advance of parliamentary debate. Consistent all-party opposition led from within the ranks of the Social Democratic Populist Party (SHP), the junior partner in the coalition government to Prime Minister Tansu Ciller's True Path Party, has snagged privatisation at almost every turn since the premier took office last summer.

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