{"id":32763,"date":"2025-09-02T22:43:47","date_gmt":"2025-09-02T21:43:47","guid":{"rendered":"https:\/\/by-tv.co.uk\/?p=32763"},"modified":"2025-09-02T22:43:47","modified_gmt":"2025-09-02T21:43:47","slug":"ingilterenin-borclanma-maliyeti-27-yilin-zirvesinde","status":"publish","type":"post","link":"https:\/\/by-tv.co.uk\/en\/ingilterenin-borclanma-maliyeti-27-yilin-zirvesinde\/","title":{"rendered":"\u0130ngiltere\u2019nin Bor\u00e7lanma Maliyeti 27 Y\u0131l\u0131n Zirvesinde"},"content":{"rendered":"

\u0130ngiltere\u2019de 30 y\u0131ll\u0131k devlet tahvillerinin faiz oran\u0131 (getiri), %5,72\u2019ye y\u00fckselerek 1998\u2019den bu yana en y\u00fcksek seviyeyi g\u00f6rd\u00fc. Bu geli\u015fme, y\u0131l sonuna do\u011fru a\u00e7\u0131klanacak b\u00fct\u00e7e \u00f6ncesi Hazine Bakan\u0131 Rachel Reeves \u00fczerindeki mali bask\u0131y\u0131 art\u0131r\u0131yor.<\/p>\n

BBC News’in aktard\u0131\u011f\u0131na g\u00f6re, h\u00fck\u00fcmetin uzun vadeli bor\u00e7lanma maliyetinin artmas\u0131, kamu finansman\u0131ndaki durumun k\u00f6t\u00fcle\u015fti\u011fine y\u00f6nelik endi\u015feleri peki\u015ftiriyor. Ayn\u0131 g\u00fcn sterlin de dolar kar\u015f\u0131s\u0131nda %1\u2019den fazla de\u011fer kaybederek 7 A\u011fustos\u2019tan bu yana en d\u00fc\u015f\u00fck seviye olan 1,3388 dolara geriledi.<\/p>\n

Yaln\u0131zca \u0130ngiltere de\u011fil, Almanya, Fransa ve Hollanda\u2019da da 30 y\u0131ll\u0131k tahvil faizleri 2011\u2019den bu yana en y\u00fcksek d\u00fczeye \u00e7\u0131kt\u0131. ABD\u2019de de benzer \u015fekilde faiz oranlar\u0131 y\u00fckseli\u015f g\u00f6sterdi.<\/p>

\"\"<\/a><\/div>\n

K\u00fcresel riskler bor\u00e7lanma maliyetlerini etkiliyor<\/h4>\n

Tahvil piyasalar\u0131ndaki bu dalgalanman\u0131n ard\u0131nda bir dizi k\u00fcresel geli\u015fme yer al\u0131yor. D\u00fcnya Ticaret \u00d6rg\u00fct\u00fc Ba\u015fkan\u0131 Ngozi Okonjo-Iweala, k\u00fcresel ticaret kurallar\u0131n\u0131n son 80 y\u0131l\u0131n en b\u00fcy\u00fck sars\u0131nt\u0131s\u0131n\u0131 ya\u015fad\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n

\u00d6zellikle ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n yeniden y\u00fcr\u00fcrl\u00fc\u011fe koydu\u011fu g\u00fcmr\u00fck tarifeleri, jeopolitik gerilimler ve Fransa\u2019daki h\u00fck\u00fcmet g\u00fcven oylamas\u0131 gibi unsurlar, yat\u0131r\u0131mc\u0131lar\u0131n risk i\u015ftah\u0131n\u0131 azalt\u0131yor.<\/p>\n

Okonjo-Iweala, tarifelerin tam etkisinin 2026 y\u0131l\u0131na kadar hissedilebilece\u011fini, \u00e7\u00fcnk\u00fc \u015firketlerin \u00f6nceden stok yapt\u0131\u011f\u0131n\u0131 ifade etti.<\/p>\n

B\u00fct\u00e7e \u00f6ncesi zorlu tercihler<\/h4>\n

\u0130\u015f\u00e7i Partisi se\u00e7im beyannamesinde gelir vergisi, KDV ve ulusal sigorta gibi do\u011frudan \u00e7al\u0131\u015fanlar\u0131 etkileyen vergileri art\u0131rmayaca\u011f\u0131n\u0131 taahh\u00fct etmi\u015fti. Ancak Rachel Reeves\u2019in bu s\u00f6zleri yerine getirirken farkl\u0131 yollarla vergi art\u0131\u015f\u0131na gidebilece\u011fi konu\u015fuluyor.<\/p>\n

Bunlar aras\u0131nda, 2028’de sona erecek olan gelir vergisi dilimlerinin dondurulmas\u0131 uygulamas\u0131n\u0131n uzat\u0131lmas\u0131 ve emlak vergisinde reform ihtimali bulunuyor.<\/p>\n

Paul Dales\u2019e g\u00f6re (Capital Economics), kamu borcunun s\u00fcrd\u00fcr\u00fclebilirli\u011fi i\u00e7in Reeves\u2019in b\u00fct\u00e7ede 18 ila 28 milyar sterlin aras\u0131nda ek kaynak yaratmas\u0131 gerekiyor.<\/p>\n

Ekonomik ekip g\u00fc\u00e7lendiriliyor<\/h4>\n

Ba\u015fbakan Keir Starmer, ekonomik karar alma s\u00fcre\u00e7lerini desteklemek \u00fczere kabinede k\u0131smi bir de\u011fi\u015fiklik yapt\u0131. Rachel Reeves\u2019in eski yard\u0131mc\u0131s\u0131 Darren Jones, 10 Numara\u2019da kilit bir g\u00f6rev ald\u0131. Ayr\u0131ca eski \u0130ngiltere Merkez Bankas\u0131 Ba\u015fkan Yard\u0131mc\u0131s\u0131 Baroness Shafik, ba\u015fekonomi dan\u0131\u015fman\u0131 olarak atand\u0131.<\/p>\n

Bu ad\u0131mlar, sonbaharda a\u00e7\u0131klanacak b\u00fct\u00e7enin \u0130\u015f\u00e7i Partisi h\u00fck\u00fcmeti i\u00e7in kritik bir s\u0131nav olaca\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n

Muhalefetteki Muhafazak\u00e2r Parti\u2019nin G\u00f6lge Maliye Bakan\u0131 Mel Stride ise, \u201cPiyasalar\u0131n son tepkisi, Rachel Reeves\u2019in ekonomi y\u00f6netimine bir g\u00fcven oylamas\u0131d\u0131r\u201d diyerek h\u00fck\u00fcmete y\u00fcklendi.<\/p>\n

Reeves, g\u00f6reve ba\u015flad\u0131\u011f\u0131nda kamu borcuna ili\u015fkin iki temel kural belirlemi\u015fti. Bunlar; kamu borcunun milli gelire oranla d\u00fc\u015f\u00fc\u015f e\u011filiminde olmas\u0131 ve kamu harcamalar\u0131n\u0131n vergi gelirleriyle finanse edilmesi. Ancak ekonomideki yava\u015flama nedeniyle bu kurallara uyumda sadece 10 milyar sterlinlik bir \u201cg\u00fcvenlik pay\u0131\u201d kald\u0131\u011f\u0131 ifade ediliyor.<\/p>\n

Ba\u015fbakanl\u0131k S\u00f6zc\u00fcs\u00fc ise h\u00fck\u00fcmetin mali kurallar\u0131na olan \u201csars\u0131lmaz ba\u011fl\u0131l\u0131\u011f\u0131n\u0131\u201d yineleyerek, kamu maliyesini dengelemek i\u00e7in gerekli kararlar\u0131n al\u0131nd\u0131\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131.<\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

\u0130ngiltere\u2019de 30 y\u0131ll\u0131k devlet tahvillerinin faiz oran\u0131 (getiri), %5,72\u2019ye y\u00fckselerek 1998\u2019den bu yana en y\u00fcksek seviyeyi g\u00f6rd\u00fc. Bu geli\u015fme, y\u0131l sonuna do\u011fru a\u00e7\u0131klanacak b\u00fct\u00e7e \u00f6ncesi Hazine Bakan\u0131 Rachel Reeves \u00fczerindeki mali bask\u0131y\u0131 art\u0131r\u0131yor. BBC News’in aktard\u0131\u011f\u0131na g\u00f6re, h\u00fck\u00fcmetin uzun vadeli bor\u00e7lanma maliyetinin artmas\u0131, kamu finansman\u0131ndaki durumun k\u00f6t\u00fcle\u015fti\u011fine y\u00f6nelik endi\u015feleri peki\u015ftiriyor. Ayn\u0131 g\u00fcn sterlin de dolar kar\u015f\u0131s\u0131nda %1\u2019den fazla de\u011fer kaybederek 7 A\u011fustos\u2019tan bu yana en d\u00fc\u015f\u00fck seviye olan 1,3388 dolara geriledi. Yaln\u0131zca \u0130ngiltere de\u011fil, Almanya, Fransa ve Hollanda\u2019da da 30 y\u0131ll\u0131k tahvil faizleri 2011\u2019den bu yana en y\u00fcksek d\u00fczeye \u00e7\u0131kt\u0131. ABD\u2019de de benzer \u015fekilde faiz oranlar\u0131 y\u00fckseli\u015f g\u00f6sterdi. K\u00fcresel riskler […]<\/p>\n","protected":false},"author":11,"featured_media":31160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-genel"],"_links":{"self":[{"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/posts\/32763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/comments?post=32763"}],"version-history":[{"count":1,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/posts\/32763\/revisions"}],"predecessor-version":[{"id":32764,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/posts\/32763\/revisions\/32764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/media\/31160"}],"wp:attachment":[{"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/media?parent=32763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/categories?post=32763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/by-tv.co.uk\/en\/wp-json\/wp\/v2\/tags?post=32763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}