In consequence of the 85th Presidential Decree on 12/09/2018 and the 4th article of the "Decision No. 32 on the Protection of the Value of Turkish Currency,", regulating service or work contracts in foreign currency and/or in foreign currency indexed amongst residents of Turkey had been prohibited for trading and locatio of all kinds of chattels, real estates, vehicles, financial leasing, except for the clauses to be designated by the Republic of Türkiye Ministry of Treasury and Finance.
Then, in order to determine exceptions, two communiqués were published and through the last one, (Communiqué No: 2018) -32/52) the amendment is made to allow CSOs who have grant contracts abroad are able to issue contracts in foreign currencies, except human resources contracts.
Accordingly, the below table demonstrates usage of currencies, based on budget headings, are able to be applied in contracts of CSOs who have grant contracts abroad.
|
Budget Headings (EU Funded Intervention contracts) |
Type of Contracts | Currency |
| 1-Human Resources | Labour Contracts | Only in TL |
| 2-Travel | Service and Supply Contracts | TL or Foreign Currency |
| 3-Equipment and Supplies | Service and Supply Contracts | TL or Foreign Currency |
| 4- Office or Other Expenditures | Real Estates Rental Contracts | TL or Foreign Currency |
| 5-Other costs, Services | Service and Supply Contracts | TL or Foreign Currency |
| 6-Other | Service Contracts, including Consultancy | TL or Foreign Currency |
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