Kemal Unakıtan

Kemal Unakıtan (February 14, 1946 – October 12, 2016) was the Minister of Finance of Turkey from November 2002 to May 2009 and a Member of Parliament for Istanbul of the Justice and Development Party. He was born in Edirne.

Kemal Unakıtan
Minister of Finance
In office
19 November 2002  1 May 2009
Prime MinisterAbdullah Gül
Recep Tayyip Erdoğan
Preceded bySümer Oral
Succeeded byMehmet Şimşek
Personal details
Born(1946-02-14)14 February 1946
Edirne, Turkey
Died12 October 2016(2016-10-12) (aged 70)
Istanbul, Turkey
Political partyJustice and Development Party
Alma materGazi University
OccupationCivil servant, politician
Cabinet58th, 59th, 60th

Previously he was a board member of the Family Finance Group.

During his tenure as minister of finance Unakitan presided over a number of situations primarily the Treasury's need to raise funds (!) at a time when Turkey had a large national debt and was failing to collect taxes to cover it. Unakıtan therefore

  • sold forestry land to raise funds for the treasury
  • raised fuel duties and other indirect taxation plus
  • imposed extra duties and payments such as his "permanent earthquake fund"

On March 7, 2008, Unakıtan received the Finance Minister of the Year Award from the business magazine The Banker.[1]

He died on October 12, 2016, after a prolonged illness.[2]

Books

  • Nedim Şener (2005), Fırsatlar Ülkesinde Bir Kemal Abi (A Kemal Abi in A Land of Opportunities)

References

  1. "Finance Minister of the Year: Kemal Unakitan". The Banker. 2008-01-02. Archived from the original on 2008-03-10. Retrieved 2008-01-02.
  2. "Former Turkish finance minister Unakıtan dies aged 70". Hurriyet Daily News. Retrieved 24 October 2016.
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