Economic Coordination Board Convenes for the Seventh Time

The Economic Coordination Board (EKK) convened for the seventh time under the chairmanship of Vice President Cevdet Yılmaz. In the statements made after the meeting, the latest status regarding fund liquidation processes and account payments was shared.

Following the seventh meeting of the Economic Coordination Board, the Presidency's Directorate of Communications issued a statement. The statement touched upon the liquidation processes of the funds founded by Hedef Portföy Yönetim Şirketi A.Ş., whose liquidation payments started with the decision of the Capital Markets Board (CMB) dated October 15, 2026. Accordingly, the liquidation process of 18 out of 31 funds was completed as of October 21, 2026, and in this context, 8.9 billion TL was paid to 10,008 accounts.

In the general course of the process, it was reported that the number of funds in the liquidation process dropped from 131 to 47, and in-kind and cash liquidation payments totaling 49.7 billion TL were made to a total of 55,755 accounts. While it was emphasized that the liquidation works of the remaining funds will be completed rapidly, it was stated that the deliberations on the bill that will ensure the liquidation process in investment funds is carried out fairly, transparently, and effectively are ongoing in the Grand National Assembly of Turkey (TBMM) General Assembly.