PM Üstel announces 10 support packages for young people in northern Cyprus
Prime Minister and National Unity Party (UBP) leader Ünal Üstel has announced 10 support packages for young people in Northern Cyprus (TRNC). Most of the supports are to be put into effect after the elections. For young people entering working life for the first time, a 50,000 TL salary and 100 percent social security premium support will begin to be applied in January 2027, it was stated.
Under the "First Car" scheme for people aged 18 to 25, VAT on purchases of vehicles up to 1600 cc will be waived once. Young people aged 16 to 24 will also receive a one-time VAT exemption on purchases of a computer, a tablet and their first smartphone. A free internet package will be launched for students.
To help young people become homeowners, 5,000 youth homes are planned over the next five years. Couples aged 18 to 28 will be offered a 500,000 TL marriage loan with a 36-month term and interest support. Üstel said: "We will not leave any young person without work. We will make every one of our young people employed." From 2027, the full tuition fees of TRNC citizen students placed in universities through the exam conducted by the Ministry of National Education will be covered by the state.
This story was automatically summarised and translated from Diyalog. All rights to the story belong to its source.