The proceedsfrom the state's privatization drive in the first half of this year reached $1.6 billion, according to the Privatization Administration, which said that $400 million of the revenue was paid as taxes and other miscellaneous expenses.
The total amount of completed privatization processes in the first half of 2014 exceeded $1.6 billion, official data shows.
According to data collected from the Privatization Administration, Turkey has earned more than $1.2 billion from 116 privatization tenders so far this year.
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