Official Gazette Publishes Updated Military Credit Fund System
A amended regulation for the Military Credit Fund No. 57 of 2026 has been issued in the Official Gazette, specifying the formation and management of the Fund's Administrative Authority. The authority comprises a chairman and six members appointed by the Investment Authority, among whom a vice chairman is selected. The authority meets at least once every three months and makes decisions by majority vote, with the responsibility for organizing activities and following up on the implementation of decisions assigned to a secretary from the Fund’s staff.
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