Kemal Unakitan
Encyclopedia
Kemal Unakıtan was the Minister of Finance of Turkey
from November 2002 to May 2009 and a Member of Parliament
for Istanbul
of the Justice and Development Party
.
He was formerly a board member of the Family Finance Group.
In his time as minister of finance he has presided over a number of situations primarily the Treasury's need to raise funds in a time when Turkey has a large national debt and is failing to collect taxes to cover it. Unakıtan has therefore had to
On March 7, 2008, Unakıtan received the Finance Minister of the Year Award from the business magazine The Banker
.
Ministry of Finance (Turkey)
The Ministry of Finance is a government ministry office of the Republic of Turkey, responsible for finance and tax affairs in Turkey. The current minister is Mehmet Simsek since 2009....
from November 2002 to May 2009 and a Member of Parliament
Grand National Assembly of Turkey
The Grand National Assembly of Turkey , usually referred to simply as the Meclis , is the unicameral Turkish legislature. It is the sole body given the legislative prerogatives by the Turkish Constitution. It was founded in Ankara on 23 April 1920 in the midst of the Turkish War of Independence...
for Istanbul
Istanbul
Istanbul , historically known as Byzantium and Constantinople , is the largest city of Turkey. Istanbul metropolitan province had 13.26 million people living in it as of December, 2010, which is 18% of Turkey's population and the 3rd largest metropolitan area in Europe after London and...
of the Justice and Development Party
Justice and Development Party (Turkey)
The Justice and Development Party , abbreviated JDP in English and AK PARTİ or AKP in Turkish, is a centre-right political party in Turkey. The party is the largest in Turkey, with 327 members of parliament...
.
He was formerly a board member of the Family Finance Group.
In his time as minister of finance he has presided over a number of situations primarily the Treasury's need to raise funds in a time when Turkey has a large national debt and is failing to collect taxes to cover it. Unakıtan has therefore had to
- try to sell forestry land to raise funds for the treasury
- raise fuel duties and other indirect taxation plus
- extra duties and payments such as his "permanent earthquake fund"
On March 7, 2008, Unakıtan received the Finance Minister of the Year Award from the business magazine The Banker
The Banker
The Banker is an English-language monthly international financial affairs publication owned by The Financial Times Ltd. and edited in London...
.