Turkey: Net loss of Meat and Milk Board increased by 188 million lira in one year

Meat and Dairy Institution's 2020 annual report has been published. According to the report, the institution; Its net loss, which was 34 million 664 thousand 593 liras in 2019, increased to 222 million 991 thousand 213 liras in 2020 with an increase of 188 million 326 thousand 620 liras. "Increased debt stock, low credit turnover rate" were listed among the "weaknesses" of the institution. The largest budget in the expenditure items of the institution, after the expenditures of workers and civil servants, was made up of external benefits and service purchases. 98 million 626 thousand 949 liras were spent in a year for these purchases, which constitute 25.6 percent of the institution's expenses. The institution sold 57 million 251 thousand 861 kilos of meat in 2020. Most meat was sold. 852 million 744 thousand pounds of meat sales; Bovine body sales of 727 million 650 thousand liras, bird trunk sales of 25 million 353 thousand liras and ovine body sales of 12 million 233 thousand ...