{"id":101579,"date":"2025-04-18T00:17:35","date_gmt":"2025-04-17T21:17:35","guid":{"rendered":"http:\/\/www.korhanyilmaz.com\/?p=101579"},"modified":"2025-04-18T10:33:31","modified_gmt":"2025-04-18T07:33:31","slug":"akp-tarzi-hokus-pokus-kamu-borc-stoku-nasil-dusuk-gosteriliyor","status":"publish","type":"post","link":"http:\/\/www.korhanyilmaz.com\/?p=101579","title":{"rendered":"AKP tarz\u0131 hokus pokus: Kamu bor\u00e7 stoku nas\u0131l d\u00fc\u015f\u00fck g\u00f6steriliyor?"},"content":{"rendered":"<div id=\"attachment_101580\" style=\"width: 110px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-101580\" class=\"size-full wp-image-101580\" src=\"http:\/\/www.korhanyilmaz.com\/wp-content\/uploads\/2025\/04\/18-04-2025_101656.png\" alt=\"\" width=\"100\" height=\"114\" \/><p id=\"caption-attachment-101580\" class=\"wp-caption-text\">\u0130brahim Ekinci<\/p><\/div>\n<p style=\"text-align: justify;\">Kamunun bor\u00e7 stoku asl\u0131nda s\u00f6ylenenin 2 kat\u0131na yak\u0131n olabilir. Rakamlar tart\u0131\u015fmal\u0131 \u00e7\u00fcnk\u00fc en ba\u015fta K\u00d6\u0130 (kamu \u00f6zel i\u015fbirli\u011fi) garantileri bor\u00e7tan say\u0131lm\u0131yor. Kamunun 216 milyar dolar d\u0131\u015f borcu + 27 milyar dolar d\u00f6viz cinsi i\u00e7 borcu + 120 milyar dolar K\u00d6\u0130 garantileri eklendi\u011finde 14 trilyona yak\u0131n bor\u00e7 \u00e7\u0131k\u0131yor. TL cinsi bor\u00e7 stoku (4,5 trilyon) eklendi\u011finde rakam 18,5 trilyona ula\u015f\u0131yor. Kamu, \u201cbor\u00e7 stokum 9,9 trilyon, durumum iyi\u201d havas\u0131nda. Yine AKP tarz\u0131 bir hokus pokusa geliyoruz.<\/p>\n<p style=\"text-align: justify;\">***<\/p>\n<p style=\"text-align: justify;\">AB tan\u0131ml\u0131 bor\u00e7 stoku 2024 sonu itibariyle 10,7 trilyon lira! Merkezi y\u00f6netim bor\u00e7 stoku \u015eubat 2025 itibariyle 9,9 trilyon lira g\u00f6r\u00fcn\u00fcyor. Bu rakam CB h\u00fck\u00fcmet sistemi denilen yeni rejim ba\u015flad\u0131\u011f\u0131nda, Ocak 2018 itibariyle 1 trilyon bile de\u011fil, 892,7 milyard\u0131. Y\u00fczde 1.012 artm\u0131\u015f. AKP\u2019nin \u00f6nceki 15 y\u0131l\u0131nda, 2003\u20132018 aras\u0131nda 252,1 milyardan 893\u2019e gelmi\u015f, y\u00fczde 254 artm\u0131\u015ft\u0131.<!--more--><\/p>\n<p style=\"text-align: justify;\">2018 ba\u015f\u0131nda bu borcun y\u00fczde 40\u2019\u0131 d\u0131\u015f bor\u00e7tu ve sadece bu %40 d\u00f6viz cinsi bor\u00e7tu. 2025 itibariyle d\u0131\u015f bor\u00e7 pay\u0131 %45 ama d\u00f6viz cinsi bor\u00e7 %55. \u00c7\u00fcnk\u00fc i\u00e7erden de d\u00f6viz cinsi bor\u00e7lanma yap\u0131ld\u0131. Sorun \u015fu: \u00dclkelerin bor\u00e7luluk durumlar\u0131 de\u011ferlendirilirken bak\u0131lan en \u00f6nemli parametre, bor\u00e7 stokunun GSYH\u2019ye oran\u0131. T\u00fcrkiye\u2019de bu oran y\u00fczde 25\u2019in alt\u0131nda. Maastricht kriterine g\u00f6re %60 e\u015fik kabul ediliyor. Alt\u0131 iyi, \u00fcst\u00fc k\u00f6t\u00fc! Buna g\u00f6re T\u00fcrkiye\u2019nin bu g\u00f6stergede durumu iyi g\u00f6z\u00fck\u00fcyor.<\/p>\n<p style=\"text-align: justify;\">Fakat, T\u00fcrkiye\u2019de hi\u00e7bir g\u00f6sterge yerli yerinde olmad\u0131\u011f\u0131 i\u00e7in ger\u00e7ek durumu g\u00f6rmek i\u00e7in daha fazla kaz\u0131ya ihtiya\u00e7 var. Bor\u00e7lulu\u011fun oranland\u0131\u011f\u0131 GSYH rakam\u0131 acaba do\u011fru mu? Cari fiyatlarla GSYH\u2019yi reel GSYH\u2019ye \u00e7evrilirken baz al\u0131nan enflasyon oran\u0131 (deflat\u00f6r) do\u011fru mu? D\u00f6viz kuru bask\u0131l\u0131 oldu\u011funa g\u00f6re, dolar cinsinden milli has\u0131lan\u0131n y\u00fcksek g\u00f6r\u00fcnd\u00fc\u011f\u00fc muhakkak ama acaba hakkaniyetli bir kurdan ne kadar, bilinmiyor. Bu \u00f6nemli \u00e7\u00fcnk\u00fc, bask\u0131l\u0131 kur, GSYH\u2019yi y\u00fcksek g\u00f6sterirken, bor\u00e7lulu\u011fu da d\u00fc\u015f\u00fck g\u00f6steriyor.<\/p>\n<p style=\"text-align: justify;\">Ge\u00e7ti\u011fimiz g\u00fcnlerde bor\u00e7 y\u00fck\u00fcn\u00fc tart\u0131\u015fan iki \u00f6nemli makale yay\u0131mland\u0131. Birisi TEPAV Maliye ve Para Politikas\u0131 Ara\u015ft\u0131rmalar\u0131 Merkezi Direkt\u00f6r\u00fc Dr. M. Co\u015fkun Cang\u00f6z\u2019e aitti. \u201cBa\u011flant\u0131sal b\u00fct\u00fcnsellik perspektifinden T\u00fcrkiye ekonomisinde bor\u00e7lulu\u011fun g\u00f6r\u00fcnmeyen y\u00fck\u00fc\u201d ba\u015fl\u0131kl\u0131 ikinci yaz\u0131, D\u00fcnya yazar\u0131, ekonomist \u00d6mer Gencal\u2019dan geldi. Cang\u00f6z\u2019\u00fcn makalesinden bir \u00f6zet yapal\u0131m:<\/p>\n<p style=\"text-align: justify;\">\u201cT\u00fcrkiye\u2019de kamu borcu nominal olarak \u00f6nemli \u00f6l\u00e7\u00fcde artarken GSYH\u2019ye oran olarak geriliyor. (\u2026) Kamu borcunun GSYH\u2019ye oran\u0131 d\u00fc\u015f\u00fck oldu\u011fu i\u00e7in mali alan\u0131n geni\u015f oldu\u011fu ve b\u00fct\u00e7e a\u00e7\u0131klar\u0131n\u0131n bor\u00e7 s\u00fcrd\u00fcr\u00fclebilirli\u011fi a\u00e7\u0131s\u0131ndan risk yaratmad\u0131\u011f\u0131 de\u011ferlendirmeleri yap\u0131l\u0131yor. Peki ger\u00e7ekten \u00f6yle mi? (\u2026) Uluslararas\u0131 finans \u00e7evrelerinde genellikle ilk bak\u0131lan g\u00f6sterge, borcun GSYH\u2019ye oran\u0131d\u0131r. Ancak, (\u2026) IMF, \u00f6zellikle b\u00fct\u00e7e d\u0131\u015f\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerin yayg\u0131n oldu\u011fu geli\u015fmekte olan \u00fclkelerde merkezi y\u00f6netimin borcunun yan\u0131 s\u0131ra \u201cKamu ve Kamu Garantili (KKG) Bor\u00e7\u201d \u00fczerinden de\u011ferlendirme yap\u0131yor. (\u2026) Yani; sadece devletin do\u011frudan borcu de\u011fil, dolayl\u0131 olarak \u00f6demeyi taahh\u00fct etti\u011fi y\u00fck\u00fcml\u00fcl\u00fckler de bu tan\u0131m\u0131n i\u00e7ine al\u0131nm\u0131\u015f oluyor. B\u00f6ylece devletin mali y\u00fck\u00fcml\u00fcl\u00fcklerinin ve elbette mali alan\u0131n boyutu daha net bir \u015fekilde ortaya \u00e7\u0131k\u0131yor.<\/p>\n<p style=\"text-align: justify;\">(Bir kere) kabaca borcun y\u00fczde 80&#8217;lik bir k\u0131sm\u0131n\u0131n d\u00f6viz ya da kur hareketlerine duyarl\u0131 oldu\u011funu s\u00f6ylemek m\u00fcmk\u00fcn. (\u2026). Borcun bir yanda maliyeti artar di\u011fer yanda da kompozisyonu bozulurken i\u00e7 bor\u00e7 stokunun vadesi de neredeyse yar\u0131 yar\u0131ya k\u0131salarak 2015\u20132020 d\u00f6neminde 4,6 y\u0131l seviyesinden 2,8 y\u0131la geriledi. (\u2026) Do\u011frudan y\u00fck\u00fcml\u00fcl\u00fcklerin yap\u0131s\u0131 maliyet art\u0131\u015f\u0131 ve risklere i\u015faret ederken mali alan\u0131n boyutunu daha iyi de\u011ferlendirebilmek i\u00e7in bu resme dolayl\u0131 (\u015farta ba\u011fl\u0131) y\u00fck\u00fcml\u00fcl\u00fckleri de eklemek gerekiyor. Mali alan\u0131 etkileyebilecek dolayl\u0131 y\u00fck\u00fcml\u00fcl\u00fckleri a\u015fa\u011f\u0131daki \u015fekilde listeleyebiliriz:<\/p>\n<p style=\"text-align: justify;\">* Kamu kurumlar\u0131, kalk\u0131nma bankalar\u0131 d\u0131\u015f kredilerine verilen Hazine garantileri, (2024 y\u0131l\u0131 itibariyle bakiyesi 16,4 milyar dolar)<br \/>\n* Yap-i\u015flet-devret ve benzeri modellerde Hazine taraf\u0131ndan verilen garantiler, (2025 y\u0131l\u0131 itibariyle gelecek 20 y\u0131ll\u0131k d\u00f6nemde havaliman\u0131 ve otoyollardan 28,6 milyar dolar, \u015fehir hastanelerinden 65,7 milyar dolar ve Akkuyu N\u00fckleer Santralinden de 25,8 milyar dolar olmak \u00fczere toplam 120,1 milyar dolarl\u0131k bir ko\u015fullu y\u00fck\u00fcml\u00fcl\u00fck do\u011fmas\u0131 bekleniyor.)<br \/>\n* Y\u0130D projeleri d\u0131\u015f kredileri ve y\u00fck\u00fcml\u00fcl\u00fcklerin Hazine taraf\u0131ndan \u00fcstlenilmesi,<br \/>\n* Y\u0130D ve benzeri modellerde \u00fcstlenici firman\u0131n asgari bir gelir miktar\u0131n\u0131n uygulamac\u0131 kamu idaresi taraf\u0131ndan garanti edilmesi,<br \/>\n* KOB\u0130\u2019lere KGF kefaletli krediler i\u00e7in verilen garanti, (yakla\u015f\u0131k 25 milyar dolar).<br \/>\n* Eximbank\u2019\u0131n d\u00fc\u015f\u00fck faizli ihracat kredileri ile politik riskler nedeniyle kredi, garanti ve sigorta i\u015flemlerinden do\u011fabilecek zararlar\u0131na ili\u015fkin Hazine garantisi,<br \/>\n* Hazine Destekli Tar\u0131msal Yat\u0131r\u0131m ve \u0130\u015fletme Kredilerinde olu\u015fabilecek gelir kayb\u0131n\u0131n kar\u015f\u0131lanmas\u0131na ili\u015fkin Hazine garantisi,<br \/>\n* Esnaf ve Sanatk\u00e2rlar Kredi Kefalet Kooperatifleri Kefaletli krediler i\u00e7in verilen Hazine garantisi, (Bor\u00e7 \u00fcstlenimi garantilerinin toplam\u0131 17,4 milyar dolar.)<br \/>\n* Kamu Bankalar\u0131n\u0131n Hazine Destekli Kredi Paketleri dolay\u0131s\u0131yla do\u011fabilecek gelir kay\u0131plar\u0131na ili\u015fkin Hazine garantisi.\u201d<br \/>\nCang\u00f6z, bu y\u00fck\u00fcml\u00fcl\u00fcklerden Hazine\u2019ye ne kadar bor\u00e7 \u00e7\u0131kabilece\u011fini, hazine garantili bor\u00e7 \u00f6deme performans oranlar\u0131, bankac\u0131l\u0131k sekt\u00f6r\u00fcnde takibe d\u00f6n\u00fc\u015f\u00fcm oran\u0131 (%2) ve gelir garantilerinin y\u00fczde 25 oran\u0131nda kamuya y\u00fck getirebilece\u011fi varsay\u0131m\u0131 ile hesaplama yapm\u0131\u015f. Bu rakamlardan hareketle \u015f\u00f6yle diyor: \u201cBu veriler ve varsay\u0131mlar alt\u0131nda GSYH\u2019ya oranla y\u00fczde 21 olan MYB borcuna kar\u015f\u0131l\u0131k Kamu ve Kamu Garantili (KKG) bor\u00e7 y\u00fczde 28 olarak kar\u015f\u0131m\u0131za \u00e7\u0131k\u0131yor. Yani, iyimser bir yakla\u015f\u0131mla bile mali alan\u0131n GSYH\u2019ye oranla 7 puan daha dar oldu\u011funu s\u00f6yleyebiliriz.\u201d<\/p>\n<p style=\"text-align: justify;\"><strong>GSYH, d\u00f6viz kurunun bask\u0131lanmas\u0131yla nominal olarak y\u00fcksek g\u00f6r\u00fcn\u00fcyor<\/strong><\/p>\n<p style=\"text-align: justify;\">\u00d6mer Gencal da ayn\u0131 tespiti yap\u0131yor ve \u201cT\u00fcrkiye ekonomisinde kamu bor\u00e7lulu\u011fu, b\u00fct\u00e7e disiplini, faiz dinamikleri ve makroekonomik g\u00f6stergeler aras\u0131ndaki ili\u015fkisel a\u011flar\u0131 g\u00f6z \u00f6n\u00fcne ald\u0131\u011f\u0131m\u0131zda kamu borcunun ve bor\u00e7 dinamiklerinde hareket alan\u0131n\u0131n asl\u0131nda yeteri kadar f\u0131rsatlar yaratmad\u0131\u011f\u0131 g\u00f6r\u00fclebilir\u201d diyor. \u00d6zetleyelim:<\/p>\n<p style=\"text-align: justify;\">\u201cResmi verilere g\u00f6re T\u00fcrkiye\u2019nin kamu borcunun GSYH\u2019ya oran\u0131 %24.7 d\u00fczeyindedir. Bu oran, uluslararas\u0131 standartlarla ve Avrupa Birli\u011fi bor\u00e7luluk kriteri olan Maastricht kriteri ile kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda \u201cmakul\u201d hatta olduk\u00e7a ba\u015far\u0131l\u0131 olarak de\u011ferlendirilse de bu g\u00f6r\u00fcn\u00fcm ili\u015fkisel d\u00fczlemde yan\u0131lt\u0131c\u0131d\u0131r. \u00c7\u00fcnk\u00fc:<\/p>\n<p style=\"text-align: justify;\">* GSYH, d\u00f6viz kurunun bask\u0131lanmas\u0131yla nominal olarak y\u00fcksek g\u00f6r\u00fcnmektedir.<\/p>\n<p style=\"text-align: justify;\">* Bor\u00e7 stokunun %56.1\u2019i d\u00f6viz cinsindendir. Dolar\/TL kuru enflasyon hedefinin tutturulmas\u0131 amac\u0131yla TCMB taraf\u0131ndan bask\u0131land\u0131\u011f\u0131nda bor\u00e7 y\u00fck\u00fc GSYH\u2019ye g\u00f6re d\u00fc\u015f\u00fck g\u00f6r\u00fcnmektedir. Kur serbest b\u0131rak\u0131ld\u0131\u011f\u0131nda borcun GSYH\u2019ya oran\u0131n\u0131n aniden s\u0131\u00e7ramas\u0131 ve bunun da sistemik bir riski gizlenmekte oldu\u011fu a\u00e7\u0131kt\u0131r.<\/p>\n<p style=\"text-align: justify;\">* Di\u011fer yandan i\u00e7 bor\u00e7 i\u00e7in \u00f6denecek faiz tutar\u0131n\u0131n, mevcut varsay\u0131mlarla, \u00f6n\u00fcm\u00fczdeki \u00fc\u00e7 y\u0131l i\u00e7inde i\u00e7 bor\u00e7 ana paras\u0131n\u0131n 1.23 kat\u0131 oldu\u011fu da son derece a\u00e7\u0131kt\u0131r.<\/p>\n<p style=\"text-align: justify;\">* TVF\u2019nin borcu \u201cparafiskal\u201d nitelikte kamu borcu olarak d\u00fc\u015f\u00fcn\u00fclebilir. (Ancak g\u00fcncel rakam olmamas\u0131) ba\u011flant\u0131sal b\u00fct\u00fcnsellik a\u00e7\u0131s\u0131ndan ele al\u0131nd\u0131\u011f\u0131nda bir \u201c\u00f6l\u00e7\u00fcm yan\u0131lg\u0131s\u0131\u201d de\u011fil, bir enformasyon bozulmas\u0131d\u0131r.<\/p>\n<p style=\"text-align: justify;\">Ba\u011flant\u0131sal b\u00fct\u00fcnsellik perspektifinden bak\u0131ld\u0131\u011f\u0131nda; bor\u00e7, kur, faiz ve b\u00fcy\u00fcme aras\u0131ndaki ili\u015fkiler art\u0131k lineer de\u011fil, d\u00f6ng\u00fcsel ve k\u0131r\u0131lgand\u0131r:<\/p>\n<p style=\"text-align: justify;\">* Kur bask\u0131lan\u0131rsa enflasyon k\u0131sa vadede kontrol edilebilir ama borcun GSYH\u2019ya oran\u0131 d\u00fc\u015f\u00fck g\u00f6r\u00fcn\u00fcr ve bu s\u00fcrd\u00fcr\u00fclemez.<\/p>\n<p style=\"text-align: justify;\">* Kur serbest b\u0131rak\u0131l\u0131rsa, kamu borcunun d\u00f6viz y\u00fck\u00fc patlar, b\u00fct\u00e7ede faiz d\u0131\u015f\u0131 fazlaya d\u00f6n\u00fc\u015f zorla\u015f\u0131r.<\/p>\n<p style=\"text-align: justify;\">* Faiz d\u00fc\u015f\u00fck tutulursa, enflasyon beklentisi bozulur; art\u0131r\u0131l\u0131rsa bor\u00e7 ta\u015f\u0131ma maliyeti t\u0131rman\u0131r.\u201d<\/p>\n<p style=\"text-align: justify;\">Gencal, sonu\u00e7 olarak, \u201cBa\u011flant\u0131sal b\u00fct\u00fcnsellik y\u00f6ntemiyle kur, b\u00fct\u00e7e, faiz ve b\u00fcy\u00fcme gibi unsurlar\u0131n birbirleriyle olan ili\u015fkileri \u00e7\u00f6z\u00fcmlendi\u011finde, bor\u00e7lulu\u011fun g\u00f6r\u00fcnenden \u00e7ok daha y\u00fcksek ve sistemik risk ta\u015f\u0131d\u0131\u011f\u0131 bir tablo ortaya \u00e7\u0131kmaktad\u0131r\u201d diyor.<\/p>\n<p style=\"text-align: justify;\">\u015eunu ilave etmek isterim: Kamunun bor\u00e7 stokunu d\u00fc\u015f\u00fck g\u00f6steren en \u00f6nemli fakt\u00f6r K\u00d6\u0130 garantilerinin bor\u00e7tan say\u0131lmamas\u0131d\u0131r. Evet, bu m\u00fcteahhitlerden al\u0131nm\u0131\u015f bir bor\u00e7 de\u011fildir ama ko\u015fullu y\u00fck\u00fcml\u00fcl\u00fckt\u00fcr. Rakamlar\u0131 ortadad\u0131r ve \u00f6denecektir. E\u011fer buradan kaynaklanan bor\u00e7lar eklenirse, tablo tamamen de\u011fi\u015fiyor. Kamunun toplam d\u0131\u015f borcu (TCMB\u2019nin 34,775 milyon dolar borcu hari\u00e7) 216 milyar dolar, i\u00e7erden d\u00f6viz cinsi bor\u00e7 27 milyar dolar g\u00f6z\u00fck\u00fcyor. Bunun \u00fczerine (TEPAV verisini baz al\u0131rsak) 120 milyar dolarl\u0131k K\u00d6\u0130 garantileri y\u00fck\u00fc biniyor. Demek ki (i\u00e7 + d\u0131\u015f) kamunun bir kere 363 milyar dolar d\u00f6viz borcu g\u00f6z\u00fck\u00fcyor. Bu yakla\u015f\u0131k 14 trilyon bor\u00e7 demek. \u00dczerine TL cinsi stoku (4.485 milyar TL) eklersek 18.5 trilyonluk bir stok \u00e7\u0131k\u0131yor ortaya. Yani h\u00fck\u00fcmetin verdi\u011fi tablonun iki kat\u0131 civar\u0131 bir rakama ula\u015f\u0131l\u0131yor.<\/p>\n<p style=\"text-align: justify;\">Garanti y\u00fck\u00fc baz\u0131 ara\u015ft\u0131rmalarda 150, baz\u0131lar\u0131nda 180 milyar dolard\u0131r asl\u0131nda. Fakat yakla\u015f\u0131k 7\u20138 y\u0131ld\u0131r \u00f6demeler yap\u0131ld\u0131\u011f\u0131 i\u00e7in, bug\u00fcnden itibaren kalan y\u00fck\u00fcml\u00fcl\u00fck miktar\u0131n\u0131 bilmek -AKP s\u00f6zle\u015fmeleri gizledi\u011fi i\u00e7in- zor. Ancak bir tahmin yap\u0131labilir ki ben iyimser bir tahminle 120 milyar dolar ald\u0131m.<\/p>\n<p>Kaynak : <a href=\"https:\/\/kisadalga.net\/yazar\/fahis-koi-garantileri-borctan-sayilmiyor-kamu-borc-stoku-dusuk-gosteriliyor-124804\" target=\"_blank\" rel=\"noopener\">kisadalga.net<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p id=\"caption-attachment-101580\" class=\"wp-caption-text\">\u0130brahim Ekinci<\/p>\n<p style=\"text-align: justify;\">Kamunun bor\u00e7 stoku asl\u0131nda s\u00f6ylenenin 2 kat\u0131na yak\u0131n olabilir. Rakamlar tart\u0131\u015fmal\u0131 \u00e7\u00fcnk\u00fc en ba\u015fta K\u00d6\u0130 (kamu \u00f6zel i\u015fbirli\u011fi) garantileri bor\u00e7tan say\u0131lm\u0131yor. Kamunun 216 milyar dolar d\u0131\u015f borcu + 27 milyar dolar d\u00f6viz cinsi i\u00e7 borcu + 120 milyar dolar K\u00d6\u0130 garantileri eklendi\u011finde 14 trilyona yak\u0131n bor\u00e7 \u00e7\u0131k\u0131yor. TL cinsi <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,105,16],"tags":[7009,7010,7013,7007,7008,7012,7014,7011,6309,3618],"class_list":["post-101579","post","type-post","status-publish","format-standard","hentry","category-ekonomi","category-gundem","category-kose-yazilari","tag-akp-tarzi-bir-hokus-pokus","tag-borc-stokunun-gsyhye-orani","tag-hazine-destekli-tarimsal-yatirim-ve-isletme-kredileri","tag-kamunun-borc-stoku","tag-koi-kamu-ozel-isbirligi","tag-m-coskun-cangoz","tag-maastricht-kriteri","tag-tepav-maliye-ve-para-politikasi-arastirmalari-merkezi","tag-turkiye-cumhuriyet-merkez-bankasi-tcmb","tag-turkiye-ekonomisi","odd"],"_links":{"self":[{"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=\/wp\/v2\/posts\/101579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=101579"}],"version-history":[{"count":0,"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=\/wp\/v2\/posts\/101579\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=101579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=101579"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.korhanyilmaz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=101579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}