The Turkish Republic of Northern Cyprus (TRNC) is starting a big economic project. They plan to create their own credit card system. This plan was announced by Prime Minister Unal Ustel. The goal is to help the local economy grow. It should also increase money flow inside the country. This initiative aims to make the TRNC more economically independent.
The TRNC government is working with Turkey's Vice President Cevdet Yilmaz. They are developing this new financial system together. The work is already well advanced. New agreements between the TRNC and Turkey are expected in February. These agreements will help make the TRNC's economy stronger. They will also support development in many areas.
Prime Minister Unal Ustel explained the main goals. He said the card will help the local market. He also said that promotion campaigns will increase money flow. This will make businesses more active. The card will be used only in the TRNC. This is to keep money within the island's economy. It is similar to Turkey's Troy card system.
This new card is part of a larger plan with Turkey. It aims to solve economic problems and help growth. By keeping money local, the government wants a stronger economy. This project involves government groups and many businesses. Everyone is working together to make it successful.
This credit card system will have a big impact. It will speed up money flow and help businesses. It is also a step towards financial independence. By using fewer foreign card systems, the TRNC can keep more money. This will help build a stronger economy for the future.