HABER Dergisi Ekim 2015

Transkript

<ĞŵĂůƉĂƔĂ͘ϭϴ
ϯϱϬϲϬ͕WŦŶĂƌďĂƔŦ ʹ 7D7Z͕dhZ<z
WнϵϬϮϯϮϰϵϭϭϰϬϬ
ǁǁǁ͘ĞŐĞĞŶĚƵƐƚƌŝ͘ĐŽŵ͘ƚƌ
(.ù0*h1'(0ù
(KÄ0
<ÅO 6a\Å
Sahibi
(ge %³lgeVi Sanayi 2daVÅ adÅna
<³neWim .XrXlX %aËNanÅ
(nder <25*$1&,/$5
SRUXPOX0¹G¹U
0XVWaIa .$/<21&8
*enel SeNreWer
<a\ÅQKXUXOX
+ ÄEraKim *.2Â/8
%ayram 7$/$<
1 )aWiK $5$&,
<a\ÅQSRUXPOXVX
0eKmeW $li S7/
<³QHWiP<HUi
(ge %³lgeVi Sanayi 2daVÅ
&XmKXriyeW %XlYarÅ
1R Ä=0Ä5
7el )aNV ZZZeEVRRrgWr
*UaIik%aVkÅQFHVi
Baskı
mat. san. tic. ltd. şti.
5632 sokak no: 26 çamdibi / izmir
UFMtGBLT
%\PHKHGHÁHULQGHDûDøÖ\|QOUHYL]\RQ
4 Gerçekler ve beklentiler
Ankara’da
6 Terör
Fan aldÕ
8 %\Pe Kede¿nde revi]\Rn
KÕ] Trki\e’\e
10 2rtalaPa
\etPe]
2016 bütçesi
12 540.9
milyar lira
yabanFÕ
14 'R÷rXdan
yatÕrÕmlar yü]de 6 arttÕ
16 +ükümete ekRnRmi XyarÕsÕ
22 ø]mir’in ka]anma ]amanÕ
2tRyRlX
26 ø]mirøstanbXl
yarÕladÕ
ve basÕm
38 .a÷Õt
sanayicilerinden mesleki
8
52
3rRI. 'r. Aybars Terör
sRrXnX demRkrasi içinde
çö]ülmeli
56
62
(%62 0eclisi’nde Jündem
sektörler ve ekRnRmi
65
&ari açÕk A÷XstRs’ta 6 yÕlÕn
en düúü÷ünde
67
68
Sanayi üretimi
sevindirdi.2
69
(kRnRmik Jüven endeksi
yü]de 16. düútü
70
øKracatta 6 yÕlÕn en sert
Jerilemesi
8yarÕlar ve riskler
Jeliúmekte Rlan ülkeler için
(nÀasyRn yü]de ’e
dayandÕ
Kapak
e÷itime dev SrRMe
(%S2+$%(5 (ge %³lgeVi Sanayi
2daVÅânÅn aylÅN NXrXmVal yayÅn
RrganÅdÅr (%S2+$%(5âde
yayÅnlanan ya]Ålar NaynaN
g³VWerilereN alÅnWÅ yaSÅlaEilir <a]Ålar
aNVi EelirWilmediN¤e (%S2ânXn
reVmi g³rüËünü yanVÅWma] Äm]alÅ
ya]Ålarda iIade edilen g³rüËler
Vadece ya]arlarÅna aiWWir
<HUHOV¹UHOi\a\ÅQ
%aVkÅ7aUihi(kiP
42
44
46
48
mentRr(Je’de KedeÀer
aúÕldÕ
6Xnay AkÕn’dan (%62’da
aydÕnlanma tariKi dersi
(sen’den meclis
temennileri
Çiçekçi’den yeni sanayi
reIRrmX iste÷i
Sanayicilerin gündemini
$nNaraâda NiËinin KayaWÅnÅ
NayEeWWiÃi Wer³r RlayÅ ile .aVÅm
Ve¤imlerinden VRnra reel VeNW³re
y³neliN reIRrm EeNlenWileri
RlXËWXrdX
teknofset 232 458 58 09
İş toplantılarınız
Tel
‘da hizmetinizdeyiz.
* Seminerler *Faxİş yemekleriniz
* KonferanslarAdres
: 0 232 797 50 90 - 797 58 10
: Özdere İZMİR - TÜRKİYE
web
: www.grandefe.com
: [email protected]
%$ú.$1
*HUoHNOHU YH EHNOHQWLOHU
*H§HQD\EDğ\D]ñPñ]DȆ+D]LUDQVH§LPOHULQLQ
DUGñQGDQ7¼UNL\HȃQLQ¼]HULQH§¶NHQNDUDEDVDQQH\D]ñN
NLDUWDUDNGHYDPHWPHNWH¼ONHPL]ELU§ñNPD]DGRßUX
V¼U¼NOHQPHNWHGLUȇGL\HELUF¼POH\OHEDğODPñğWñNYHR
J¼QOHUGH&XPKXUL\HWWDULKLPL]LQHQE¼\¼NWHU¶UROD\ñ
RODQȆ$QNDUDNDWOLDPñQñȇKHQ¼]\DğDPDPñğWñN
%XYHVLOH\OHELUNH]GDKDYDWDQGDğODUñPñ]DYH
ğHKLWOHULPL]H$OODKȃWDQUDKPHWDLOHOHULQHXOXVXPX]DVDEñU
YHEDğVDßOñßñ\DUDOñODUDDFLOğLIDODUGLOL\RUX]
%XJ¼QEDNWñßñPñ]SHQFHUHGHQ7¼UNL\H§RNGDKD
NDUDQOñN§RNGDKD§ñNPD]GDJ¶U¼OHELOLU<D]ñPñ]ñNñğD
§HYLUHQNDUGHğLNDUGHğHG¼ğ¼UHQJ¼QGHPGHQG¼ğPH\HQ
NDKURODVñWHU¶UWDPGDE¶\OHG¼ğ¼QPHPL]LWDPGDE¶\OH
GDYUDQPDPñ]ñEHNOHPHNWHGLU
(OEHWWHNLEXEHNOHQWLOHULERğD§ñNDUPDNEX
WRSUDNODUGD\DğD\DQEL]OHUHG¼ğPHNWHGLU0LOOLELUOLNYH
EHUDEHUOLßL§¶NHUWLOPH\H§DOñğñODQ¼ONHPL]EXQODUñKDN
HWPHPHNWHGLU9DWDQñQDWRSUDßñQDED\UDßñQDFDQñ
SDKDVñQDEDßOñRODQKDONñPñ]GDEXDFñ\ñYHD\UñğPD\ñKDN
HWPHPHNWHGLU
2QHGHQOH¶Q¼P¼]GHNL.DVñPVH§LPOHULE¼\¼N
¶QHPWDğñPDNWDGñU+D]LUDQVH§LPOHULVRQUDVñQGDñVUDUOD
GLOHJHWLUGLßLPL]ELUDQHYYHO+¼N¼PHWLQNXUXOPDVñ
WDOHELPL]L.DVñPVH§LPOHULL§LQ\LQHV¼UG¼U¼\RUX]
6RQX§QHROXUVDROVXQE¶\OHVLELUV¼UH§WHJH§LFL
K¼N¼PHWOH\RODOPDNULVNOHULPL]LGDKD§RNDUWñUPDNWDGñU
%XWDOHELPL]LKHPELUYDWDQGDğRODUDNKHPGHLğ
G¼Q\DVñQñQELUWHPVLOFLVLRODUDNWHNUDUOñ\RUXP
<XUWGñğñQGDROXğDQ7¼UNL\HDOJñVñQH\D]ñNNLKHU
JH§HQJ¼QGDKDN¶W¼ELUVHYL\H\HJLWPHNWHGLU%XDOJñQñQ
\RNROPDVñXOXVRODUDN\HQLGHQQRUPDOOHğPHV¼UHFLQH
JLUPHPL]DQFDNJ¼§O¼ELU+¼N¼PHWLQYDUOñßñLOHYHDQFDN
\HQLGHQJ¼YHQLQWHVLVLLOHP¼PN¼QRODELOHFHNWLU%XQXQ
L§LQGHND\EHGHFHN]DPDQñPñ]ROPDGñßñQñQDOWñQñ§L]PHN
LVWHULP
%XJ¼YHQND\EñYHEHOLUVL]OLNL§HULVLQGHW¼NHWLFL
DOñPODUñQñGXUGXUXUNHQVDQD\LFL\DWñUñPODUñQñHUWHOHUNHQ
ELU§RNEDğOñNWDHNRQRPLNJ¶VWHUJHOHUGHGHROXPVX]
VLQ\DOOHUJHOPH\HGHYDPHWPHNWHGLU'DKDWHPNLQOL
ROPDQñQVRQXFXQGDSRWDQVL\HOLPL]LQDOWñQGDELUE¼\¼PH
YH¼UHWLPOHNDUğñNDUğñ\DNDOPDNWD\ñ]
.¼UHVHOHNRQRPLL§HULVLQGHG¼QSR]LWLID\UñğPD\ñ
EDğDUPñğELU7¼UNL\HL§HULGH\DğDGñßñVñNñQWñODUñQGDQ
¶W¼U¼EXJ¼QQHJDWLID\UñğPD\DGRßUX\RODOPDNWDGñUNL
EXQXNDEXOHWPHPL]ND]DQñPODUñPñ]D§ñVñQGDQP¼PN¼Q
GHßLOGLU
Ȇ(QNDUDQOñNDQJ¼QGRßPDGDQ¶QFHNLDQGñUȇPLW
HGL\RUX]NL\HQLELUJ¼QGRßXPXQDGRßUXKñ]OD
\DNODğPñğñ]GñUYH¼PLWHGL\RUX]NLDUWñNPDGGLPDQHYL
W¼PDFñODUñPñ]JHULGHNDOPñğWñU.DVñPVH§LPOHULGH
PLODWROVXQLVWL\RUX]
ONHPL]LQPHQIDDWOHULGRßUXOWXVXQGDVH§LPOHULQ
KD\ñUOñVRQX§ODUDYHVLOHROPDVñQñYHWHU¶UHLQDW
VDßGX\XPX]XNRUX\DUDNELUOLNYHEHUDEHUOLNL§HULVLQGH
NXWXSODğPDGDQ\RODODUDN\HQLGHQKX]XUOXYHPXWOX
J¼QOHUHG¶QHELOPHPL]LJ¶Q¼OGHQGLOL\RUXP
(QGHU<25*$1&,/$5
<|QHWLP .XUXOX %DûNDQÖ
4 (.ù0 2015
*h1'(0
7HU|U $QNDUD·GD 102 FDQ DOGÖ
7
¼UNL\HFXPKXUL\HW
WDULKLQLQHQNDQOñ
WHU¶UROD\ñQñEDğNHQW
$QNDUDȃGD\DğDGñ(NLP
J¼Q¼JHU§HNOHğWLULOHFHN
(PHN%DUñğYH'D\DQñğPD
\¼U¼\¼ğ¼¶QFHVLNHQW
GñğñQGDQJHOHQLQVDQODUñQ
WRSODQPD\DEDğODGñßñ
$QNDUD*DUñ¶Q¼QGHLNLD\Uñ
ERPEDQñQDUGDUGDSDWODPDVñ
VRQXFXȃVLROD\\HULQGH
ROPDN¼]HUHWRSODPNLğL
KD\DWñQñND\EHWWLȃGHQ
ID]ODNLğLGH\DUDODQGñ
+D]LUDQVH§LPOHULQLQDUGñQGDQDUWDQWHU¶U
VDOGñUñODUñVRQXFXDVNHUYH
SROLVOHULQğHKLWHGLOPHOHUL
NDUğñVñQGD72%%¶QGHUOLßLQGHVHQGLNDODUYHVLYLOWRSOXP
¶UJ¼WOHULQLQNDWñOGñßñȆ7HU¶UH
+D\ñU.DUGHğOLßH(YHWȇ
\¼U¼\¼ğ¼LOHȆ0LO\RQODUFD
1HIHV7HU¶UH.DUğñ7HN
6HVȇPLWLQJLQLQ(JH%¶OJHVL
6 (.ù0 2015
6DQD\L2GDVñȃQñQWHU¶U
J¼QGHPL\OHJHU§HNOHğWLUGLßL
RODßDQ¼VW¼PHFOLVWRSODQWñVñQGD\DSñODQD§ñNODPDODUñQ
P¼UHNNHELNXUXPDGDQ
$QNDUDȃGDEXNH]FDQOñ
ERPEDODUODJHU§HNOHğWLULOHQ
WHU¶UH\OHPL§RFXNNDGñQ
JHQ§\DğOñGHPHGHQ
NLğLQLQKD\DWñQDPDOROGX
HOLNELO\HOHUOHJ¼§OHQGLULOPLğ717NDOñSODUñNXOODQñODQ
ROD\GD\¼]OHUFHNLğLGH\DUDODQGñOHQOHUL§LQ\XUGXQ
G¶UWELU\DQñQGDG¼]HQOHQHQ
FHQD]HW¶UHQOHULQGHJ¶]\DğODUñVHOROGXRFXNODUñQ
JHQ§OHULQJHOHFHNKD\DOOHUL
E¼\¼NOHULQ\DUñPNDOPñğ
KD\DWKLND\HOHUL\¼UHNOHULELU
NH]GDKDGDßODGñ
7¼UNL\Hȃ\HDWHğG¼ğ¼UHQ
PLOOLELUOLNYHEHUDEHUOLßL
KHGHIDODQNDQOñVDOGñUñ\ñ
JHU§HNOHğWLUHQFDQOñERPEDODUGDQELULQLQ<XQXV(PUH
$ODJ¶]GLßHULQLQLVHNLPOLßL
KHQ¼]WHVSLWHGLOHPH\HQELU
6XUL\HOLROGXßXND\GHGLOGL
<XQXV(PUH$ODJ¶]ȃ¼Q
NDUGHğLĞH\K$EGXUUDKPDQ
$ODJ¶]GH7HPPX]ȃGD
ĞDQOñXUIDȃQñQ6XUX§LO§HVLQGHNLğLQLQ¶O¼P¼\OH
VRQX§ODQDQROD\ñQIDLOOHULQGHQELUL\GL
7HU¶UROD\ñQñQW¼P
*h1'(0
\¶QOHUL\OHD\GñQODWñOPDVñ
VDGHFHJHU§HNOHğWLUHQOHU
GHßLODUNDODUñQGDNL¶UJ¼W
EDßODQWñODUñQñQGDRUWD\D§ñNDUñOPDVñL§LQJHQLğNDSVDPOñELUVRUXğWXUPDEDğODWñOGñ
%DğEDNDQ$KPHW'DYXWRßOX
EDğNDQOñßñQGDJ¼YHQOLN
]LUYHVLWRSODQGñ&XPKXUEDğNDQñ5HFHS7D\\LS
(UGRßDQ%DğEDNDQ$KPHW
'DYXWRßOX*HQHONXUPD\
%DğNDQñ2UJHQHUDO+XOXVL
$NDUð§LğOHUL%DNDQñ6HODPL
$OWñQRN0ð70¼VWHğDUñ+DNDQ)LGDQLOH(PQL\HW*HQHO
0¼G¼U¼&HODOHWWLQ/HNHVL]ȃL
D\UñD\UñNDEXOHGHUHN
J¶U¼ğW¼$QNDUD(PQL\HW
0¼G¼U¼.DGUL.DUWDOLOH
*¼YHQOLYHðVWLKEDUDWĞXEH
0¼G¼UOHULJ¶UHYGHQDOñQGñ
&XPKXUEDğNDQñ(UGRßDQ
D\UñFD'HYOHW'HQHWOHPH
.XUXOXȃQXKDUHNHWHJH§LUGL
%XDUDGDJ¶]DOWñQDDOñQDQ
ğ¼SKHOLOHUGHQHVNRUWDUDFñQ
V¼U¼F¼V¼<DNXSĞLOH+DNDQ
Ğ+DOLOðEUDKLP$YH5HV¼O
'WXWXNODQDUDNFH]DHYLQH
J¶QGHULOGL6RUXğWXUPDNDSVDPñQGDH\OHPWDOLPDWñQñYHUHQFDQOñERPEDODUD\DUGñP
HGHQğ¼SKHOLKDNNñQGDGD
\RNOXßXQGDWXWXNODPDNDUDUñ
§ñNDUñOGñ
&XPKXUEDğNDQñ5HFHS
7D\\LS(UGRßDQ%DğEDNDQ
$KPHW'DYXWRßOX&+3
*HQHO%DğNDQñ.HPDO
.ñOñ§GDURßOX+'3(ğ
*HQHO%DğNDQñ6HODKDWWLQ
'HPLUWDğ7¼UNL\Hȃ\L]L\DUHW
HGHQ)LQODQGL\D&XPKXUEDğNDQñ6DXOL1LQLVW¶$%'
%¼\¼NHO§LVL-RKQ5%DVV
$YUXSD%LUOLßL¼ONHOHULQLQ
E¼\¼NHO§LOHULYHWHPVLOFLOHUL
LOHVLYLOWRSOXPNXUXOXğODUñ
GDROD\ñQ\DğDQGñßñ$QNDUD
*DU0H\GDQñȃQDKD\DWñQñ
ND\EHGHQOHULQDQñVñQDNDUDQʈOEñUDNWñ<XUGXQ§HğLWOL
\HUOHULQGHDQPDHWNLQOLNOHUL
LOHSURWHVWRJ¶VWHULOHULLVH
KDOHQGHYDPHGL\RU
YORGANCILAR:
7hR.úY( %8NLARI
+A. (70úYOR
(JH%¶OJHVL6DQD\L
2GDVñ<¶QHWLP.XUXOX
%DğNDQñ(QGHU<RUJDQFñODU
$QNDUDȃGDEDUñğLVWH\HQVLYLO
YDWDQGDğODUD\¶QHOLNVDOGñUñ
LOHLOJLOL\D]ñOñELUD§ñNODPD
\DSWñ$§ñNODPDVñQGD
+D]LUDQVH§LPOHULVRQUDVñQGD
XQXWWXßXPX]WHU¶UH\OHPOHULQLQ\HQLGHQ7¼UNL\HȃQLQ
J¼QGHPLQHJLUHUHNHYOHULPL]HDWHğG¼ğ¼UG¼ß¼Q¼
\¼UHNOHULPL]L\DNWñßñQñYH
\DNPD\DGHYDPHGHFHßLQLND\GHGHQ<RUJDQFñODU
Ȇ+DLQSXVXODUODğHKLWHGLOHQ
DVNHUOHULPL]SROLVOHULPL]
YHPDVXPYDWDQGDğODUñPñ]ñQNDUğñNDUğñ\DNDOGñßñEX
GXUXPDUWñNGD\DQñOPD]ELU
KDODOPñğWñU$QNDUDȃGDEDUñğ
LVWH\HQVLYLOYDWDQGDğODUñPñ]D\¶QHOLN\DSñODQVRQ
VDOGñUñGDHOEHWWHNLDPDFñQD
XODğDPD\DFDNWñU+D\DWñQñ
ND\EHGHQYDWDQGDğODUñPñ]D
$OODKWDQUDKPHWDLOHOHULQH
YH¼ONHPL]HEDğVDßOñßñYH
VDEñU\DUDOñODUñPñ]DDFLO
ğLIDODUGLOL\RUXPȇGHGL
<RUJDQFñODU\LWLSJLGHQ
FDQODUñQWHODʈVLROPDGñßñQD
GLNNDW§HNHUHNWRSOXPVDO
KX]XUXYHEDUñğñER]PD\D
¼ONHGHNDRV§ñNDUPD\D
\¶QHOLN\DSñODQWHU¶UH\OHPOHULQLğLGGHWOHODQHWOHUNHQ
J¼YHQOLN]Dʈ\HWLQHYHVLOH
RODQJ¶UHYOLOHULGHVRUXPOXOXßXQXQJHUHßLQL\DSPD\D
GDYHWHWWLNOHULQLLIDGHHWWL
6úYA6ú úRA'(
G(R(øúNú YA30ALI
(QGHU<RUJDQFñODUD§ñNODPDVñQGDğXJ¶U¼ğOHULGLOH
JHWLUGL
Ȇ7¼UNL\HKHUJH§HQJ¼Q
WHKOLNHOLELUVDUPDOñQL§LQH
V¼U¼NOHQPHNWHGLUĞDQOñ
WDULKLPL]GHEXR\XQODUñERğD
§ñNDUDQ¼ONHPL]EXJ¼QGH
EXJ¼§WHYHLVWHNWHGLU+HU
ELUVDOGñUñGDKDONñPñ]ELUELULQHGDKD§RNNHQHWOHQPLğWLU
\LQHNHQHWOHQHFHNWLU$QFDN
ELUNRUNXLPSDUDWRUOXßXQD
G¶Q¼ğW¼U¼OPH\HPLOOLELUOLN
YHEHUDEHUOLßL§¶NHUWLOPH\H
§DOñğñODQ¼ONHPL]EXQODUñ
KDNHWPHPHNWHGLU9DWDQñQD
WRSUDßñQDED\UDßñQDFDQñ
SDKDVñQDEDßOñRODQKDONñPñ]
GDEXğLGGHWLYHD\UñğPD\ñ
KDNHWPHPHNWHGLU6L\DVL
LUDGHDUWñNWHU¶U¼ODQHWOHPHQLQ¶WHVLQGHJHUHßLQL\DSPDN]RUXQGDGñU]HOOLNOHGH
VH§LP¶QFHVLQGHV¶\OHPOHUGH§RNGDKDKDVVDVROXQPDOñNDVWñQñDğDQF¼POHOHUH
P¼VDDGHHGLOPHPHOLGLU
$NVLWHU¶UH\OHPLQHKL]PHW
HWPHNOHHğGHßHUGLU%LUNH]
GDKDDOWñQñ§L]PHNLVWHULP
NLVDßGX\XPX]XNRUX\DUDN
ELUOLNYHEHUDEHUOLNL§HULVLQGHNXWXSODğPDGDQ\RODODELOPH\LEDğDUPDN]RUXQGD\ñ]7HPHQQLPL]ELUDQ¶QFH
EXDFñODUñQVRQEXOPDVñ
¼ONHPL]LQ\HQLGHQKX]XUOX
YHEDğDUñGROXJ¼QOHULQHJHUL
G¶QPHVLGLUȇ
(.ù0 2015 7
*h1'(0
%\PH KHGHÀQGH UHYL]\RQ
5
HVPL*D]HWHȃGH
\D\ñPODQDQ2UWD
9DGHOL3URJUDP
293LOH2UWD9DGHOL0DOL
3ODQGD2903
\ñOñQDLOLğNLQWHPHOKHGHʉHU
L§LQGHE¼\¼PHRUDQODUñQñQ
WDPDPñDğDßñ\¶QO¼UHYL]H
HGLOGL293YHL§LQ
¶QJ¶U¼OHQ\¼]GHE¼\¼PH
\ñOVRQXL§LQ\¼]GHRODUDN
WDKPLQHGLOGL'DKD¶QFH
YHL§LQ\¼]GH
RODQE¼\¼PHKHGHʈGH
VñUDVñ\OD\¼]GHYH\¼]GH
ȃD§HNLOGL293LOH
E¼W§HVLYHWHPHOPDOL
KHGHʉHULQH\¶QHOLNDQD
NULWHULROXğWXUDQE¼\¼PH
KHGHʈGHE¶\OHFHELU
¶QFHNL293ȃ\HJ¶UH
SXDQD]DOWñODUDN\¼]GH
RODUDNEHOLUOHQGLYHEXQXQ
HWUDIñQGDPDOL-HNRQRPLN
J¶VWHUJHOHUğHNLOOHQGLULOGL
\ñOVRQXHQʉDV\RQX\¼]GHKHGHʉHQPLğWL
293ȃGH\ñOVRQXWDKPLQL
LVH\¼]GHRODUDNEHOLUOHQGL'DKD¶QFHYH
L§LQ\¼]GHKHGHʈ
NRQXOPXğNHQKHGHʉHU
VñUDVñ\ODYHRODUDN
EHOLUOHQGLL§LQ*6<+
FDULʈ\DWODUODWULO\RQ
PLO\DU7/WDKPLQHGLOGL
%XUDNDPFDULʈ\DWODUOD7/
FLQVLQGHQNLğLEDğñQD
ELQ7/JHOLUDQODPñQD
JHOL\RUVRQXLWLEDUL\OH
RUWDODPDGRODUNXUX
7/RODUDNDOñQGñßñQGDEX\ñO
VRQXL§LQNLğLEDğñQD*6<+
GRODUFLQVLQGHQELQ
7/ROX\RU
7¼UNL\HȃQLQLONNH]
K¼N¼PHWNXUXODPDPDVñQHGHQL\OH\DğDGñßñRODßDQ¼VW¼
G¶QHPGHE¼W§HVL
KD]ñUOñNODUñ7%00ȃ\H\DVD
JHUHßL(NLPJ¼Q¼YHULO-
8 (.ù0 2015
GL$QFDN.DVñPVRQUDVñ
K¼N¼PHWNXUPDYH7%00
§DOñğPDG¼]HQLJHFLNPHVL
KDOLQGHJH§LFLE¼W§H\ROXQD
JLGLOHFHN%XQHGHQOH
PHYFXW2932903LOH
%¼W§HUDNDPYHRUDQODUñQñQ
GHßLğPHVLPXKWHPHO<HQL
ELUK¼N¼PHWNXUXOVDGD
KD]ñUOñNODUñQPHYFXWYHULOHU
ñğñßñQGDEHOLUOHQHFHNROPDVñEXWHPHOYDUVD\ñPODUñ
¶QHPOLNñOñ\RU
.Rú7(R '(øúû7ú
6G3·Y( G(dúL'ú
2UWD9DGHOL3ODQGD
KHGHʉHUDUDVñQGD\HUDODQ
GRODUFLQVLQGHQNLğLEDğñQD
JHOLUHLOLğNLQ-
EHOJHVLQGHGHßLğLNOLN
\DSñOGñ'DKD¶QFHGRODU
FLQVLQGHQFDULʈ\DWODUOD
*6<+ȃQLQNLğLEDğñQDJHOLUL
WDEORGD\HUDOñUNHQEXNH]
NULWHUGHßLğWLULOHUHNVDWñQDOPDJ¼F¼SDULWHVLQHJ¶UH
NLğLEDğñQDJHOLUHJH§LOGL
*6<+ȃQLQGRODUFLQVLQGHQ
KHGHʉHULQHLOLğNLQVDWñUGD
VDWñQDOPDJ¼F¼SDULWHVLQH
J¶UHYHULOGL3URJUDPGD
EXQXQJHUHN§HVLRODUDN
Ȇ\ñOñQGD7¼UNL\HȃQLQ
GHDUDODUñQGDROGXßXJHOLğPHNWHRODQ¼ONHOHULQG¶YL]
NXUODUñQGD\¼NVHNER\XWWDGDOJDODQPDODUPH\GDQD
JHO-
PLğWLU%XNRQMRNW¼UGH
¼ONHOHULQPXND\HVHOLUHIDK
VHYL\HVLQLGDKDGRßUX\DQVñWPDVñYHUHIDKG¼]H\LQGHNLHßLOLPLGDKDVDßOñNOñ
J¶VWHUPHVLQHGHQL\OHEX
WDEORGD6DWñQ$OPD*¼F¼
3DULWHVLQH6$*3J¶UH
KHVDSODQPñğJD\ULVDʈ\XUWL§LKDVñOD*6<+YHNLğL
EDğñJHOLUH\HUYHULOPLğWLUȇ
GHQLOGL
*H§HQ\ñONLWDEORGDNLğL
EDğñJHOLUL§LQELQ
GRODUL§LQELQ
GRODUL§LQGH
ELQGRODUGñ%X\ñONL
SURJUDPGDVDWñQDOPDJ¼F¼
SDULWHVLQHJ¶UHNLğLEDğñ
PLOOLJHOLUKHVDEñ\DSñOGñ
9HEX\¶QWHPGHßLğLNOLßL
VD\HVLQGHWDKPLQOHUELU
DQGDL§LQELQ
GRODUD\ñOñELQ
GRODUD\ñOñELQ
GRODUDYH\ñOñL§LQ
GHELQGRODUD§ñNWñ
0LOOLJHOLULVHJH§HQ\ñONL
SURJUDPGD\ñOñL§LQ
PLO\DU\ñOñL§LQ
PLO\DU
\ñOñL§LQ
GH
PLO\DUGRODUGñ<HQLKHVDSODVDWñQDOPDJ¼F¼SDULWHVLQHJ¶UH\ñOñL§LQPLOOL
JHOLUWULO\RQPLO\DU
L§LQWULO\RQPLO\DUL§LQWULO\RQ
PLO\DUYH\ñOñL§LQGH
WULO\RQPLO\DUGRODUD
IñUODGñ
%úN 'OLARIN AL7I
.(6úNL(û7ú
6DWñQDOPD*¼F¼3DULWHVLGñğñQGDFDULʈ\DWODUOD
NLğLEDğñQDJHOLULQGRODU
FLQVLQGHQKHVDSODQDELOPHVLQHLOLğNLQKHUKDQJLELU
YHULEHOJHOHUGH\HUDOPDGñ
%XQDNDUğñOñN7/FLQVLQGHQYHULOHUGHQ\DSñODQ
KHVDSODPDGDFLGGLG¼ğ¼ğ
L]OHULJ¶U¼OG¼L§LQ
FDULʈ\DWODUODWULO\RQ
PLO\DU7/*6<+WDKPLQ
HGLOGL%XPLO\RQ
ELQNLğLOLN\ñORUWDVñQ¼IXV
WDKPLQLQHJ¶UHNLğLEDğñQD
FDULʈ\DWODUOD7/FLQVLQGHQ
ELQ7/NLğLEDğñQD
JHOLUDQODPñQDJHOL\RU
'RODUNXUXQXQEXJ¼QN¼
VHYL\HVLQLQKL§
DUWPD\DUDN\ñORUWDODPDVñROGXßXYDUVD\ñPñ
DOWñQGDNLğLEDğñQDJHOLU
GRODUFLQVLQGHQELQ
GRODURODUDNRUWD\D§ñNñ\RU
$\Qñ\DNODğñPOD
\ñOñVRQX
LWL-
*h1'(0
EDUL\OHGHRUWDODPDGRODU
NXUX7/RODUDNDOñQVD
GDKLVRQXNLğLEDğñQD
*6<+ȃVLGRODUFLQVLQGHQ
ELQ7/RODUDNRUWD\D
§ñNñ\RU
'RODUNXUXQGDNLEX
GHßLğPH7¼UNL\HȃQLQ
ȆJHOLğPHNWHRODQ¼ONHOHUȇ
VñUDODPDVñQGDNL\HULQLND\EHWPHVLKDOHQVñUDGD
EXOXQGXßXFDULRODUDNXOXVODUDUDVñHNRQRPLNE¼\¼NO¼NNDUğñODğWñUPDODUñQGDNL
VñUDODPDVñQGDJHULOHPHVL
YHRUWDODPDE¼\¼PHKñ]ñ
KHVDSODUñQGDFLGGLND\ñSODUD
\ROD§DFDN
úû6ú=Lú. AR7ACA.
ú+RACA7 'hû(C(.
<HQLWDKPLQOHUGHLğVL]OLßLQGHDUWDFDßñ¶QJ¶U¼OG¼
ðğVL]OLNJH§HQ\ñOL§LQ
\¼]GHRODUDNWDKPLQ
HGLOPLğWL<HQL293ȃ\H
J¶UH\ñOñLğVL]OLNRUDQñ
\¼]GHRODFDNLIW
KDQHOLLğVL]OLNYH
\ñOODUñQGDGDGHYDPHGHFHN
\ñOñL§LQLğVL]OLNRUDQñ
\¼]GH\ñOñL§LQ
GH\¼]GHRODUDNWDKPLQHGLOGLQFHNL293ȃ\H
J¶UHEX\ñOL§LQPLO\DU
GRODURODUDN¶QJ¶U¼OHQ
LKUDFDWPLO\DUGRODUD
\ñOñL§LQPLO\DU
GRODURODUDN¶QJ¶U¼OHQ
UDNDPPLO\DUGRODUD
L§LQPLO\DU
GRODURODUDN¶QJ¶U¼OHQLKUDFDWWDKPLQLGHPLO\DU
GRODUD§HNLOGL
%h7d( 0úLYAR
-2UWD9DGHOL
0DOL3ODQGDE¼W§HE¼\¼NO¼ß¼¶QFHNLG¶QHPHJ¶UH
PLO\DU7/GDKDID]OD
KD]ñUODQGñYH*HQHO%¼W§H
¶GHQHNOHULWRSODPñ
PLO\DUPLO\RQ7/RODUDN
EHOLUOHQGL$UWñğODUñQE¼\¼N
§RßXQOXßX+D]LQH0LOOL
%h<h0(
*6<+0LO\DU7/&DUL)L\DWODUOD
*6<+0LO\DU'RODU&DUL)L\DWODUOD
.LûL%DûÖQD0LOOL*HOLU*6<+'RODU
*6<+%\PHVLVDELWIL\DWODUODE\PH
7RSODP6DELW6HUPD\H<DWÖUÖPÖVDELWIL\E\PH
.DPX
g]HO
7RSODP<XUWLoL7DVDUUXI*6<+
1IXV<ÖO2UWDVÖ%LQ.LûL
ùûVL]OLN2UDQÖ
ùKUDFDW)2%0LO\DU'RODU
ùWKDODW&,)0LO\DU'RODU
'Öû7LFDUHW'HQJHVL0LO\DU'RODU
&DULùûOHPOHU'HQJHVL0LO\DU'RODU
*6<+'HIODW|U
7h)(<ÖO6RQX'HøLûPH.DONÖQPD%NQ7DKPLQL
293
293
5(9ù=(
ΎED]OÖ293·GHFDULIL\DWODUNXOODQÖOÖUNHQED]OÖ293·GH6DWÖQDOPD*FSDULWHVLQHJHoLOGL
6DYXQPD0DOL\Hð§LğOHUL
0LOOL(ßLWLPEDNDQOñNODUñQGDJHU§HNOHğWL
293ȃGH\DSñODQUHYL]H\OH*HQHO%¼W§HOLNXUXOXğODUE¼W§HD§ñßñ
PLO\DU7/RODUDNEHOLUOHQGL
.DEXOHGLOHQE¼W§HVLQGHLVHD§ñNPLO\DU
7/VHYL\HVLQGH\GL
0DOL3ODQDJ¶UH
PHUNH]L\¶QHWLPE¼W§HD§ñßñQñQPLO\DUPLO\RQ
7/ȃ\HLQHFHßLEHOLUOHQGL
)DL]GñğñID]ODGDPLO\DU7/RODUDNKHGHʉHQGL
293·QLQ WHPHO \DNODûÖPODUÖ
293·GH$%'0HUNH]%DQNDVÖ·QÖQVRQ
oH\UHøLQGHIDL]DUWÖUPD\DEDûOD\DFDøÖYDUVD\ÖOGÖ
.DVÖPVHoLPOHULVRQXFXQGDED]ÖUHYL]HOHULQ
\DSÖODELOHFHøLQHLûDUHWHGLOGLùoVL\DVLJHOLûPHOHU
YHoHYUHONHOHUGHNLULVNOHUHGHøLQLOHUHNHNRQRPLN
DNWLYLWHQLQ\DYDûOD\DFDøÖ|QJ|UV\DSÖOGÖ
293·QLQDPDFÖPDNURHNRQRPLNLVWLNUDU
RODUDNEHOLUOHQLUNHQ\ÖOÖQGDVL\DVLRUWDPÖQ
QRUPDOOHûPHVLQHEDøOÖRODUDNJHOLUOHUSROLWLNDVÖQGD
L\LOHûWLUPHLOHWNHWLPLQDUWPDVÖLKUDFDWDG|QN
UHWLP\DSÖODQVHNW|UOHUGHNL\DWÖUÖP\ROX\ODE\PH
VDøODQDFDøÖEHOLUWLOGL293·GHSROLWLNDRODUDNGDKD
|QFHDoÖNODQDQUHIRUPSURJUDPÖQGDNLG]HQOHPHOHUH
DWÖI\DSÖOGÖ
(.ù0 2015 9
*h1'(0
2UWDODPD KÖ] 7UNL\H·\H \HWPH]
E
NRQRPLNðğELUOLßLYH
.DONñQPD7HğNLODWñ
2E&'*HQHO
6HNUHWHUL$QJHO*XUULD
7¼UNL\HȃQLQEX\ñO\¼]GH
FLYDUñQGDELUE¼\¼PH
\DNDOD\DELOHFHßLQLDQFDN
EXQXQ\HWHUOLROPDGñßñQñ
V¶\OHGL7¼UNL\HJLELELU
¼ONHL§LQ\¼]GHȃO¼N
ELUE¼\¼PHRUDQñQñQ
WRSDUODQPDRODUDN
WDQñPODQDPD\DFDßñQñ
EHOLUWHQ*XUULDȆ7¼UNL\H
Ȃ%HQ\¼]GHE¼\¼\RUXP
%X2E&'RUWDODPDVñQñQ
\¼]GHELU¼VW¼QGHȃGH\LS
PXWOXRODPD]+D\ñU§¼QN¼
7¼UNL\HJHQ§Q¼IXVXQD
GDKDID]ODLğ\DUDWPDN
L§LQGDKDKñ]OñE¼\¼PHN
]RUXQGDȇGHGL
7¼UNL\HȃGHKHU\ñO
¼QLYHUVLWHOHUGHQOLVHOHUGHQ
PH]XQRODQELQOHUFH\¼]ELQOHUFHJHQFLQLğHLKWL\D§
GX\GXßXQXKDWñUODWDQ*XUULDȆ7¼UNL\HȃQLQğXDQGD
L§LQGHEXOXQGXßXGXUXPX
DQOñ\RUXP.HQGLVLQL$%
LOHNñ\DVODPDVñELUKHGHʈQLQROPDVñL\LELUGXUXP
$PD$%LOH7¼UNL\HȃQLQ
LKWL\D§ODUñYHVRUXQODUñ§RN
IDUNOñ$%ȃGHQ¼IXV\DğODQñ\RU7¼UNL\HȃQLQLVHLğH
LKWL\D§GX\DQJHQ§OHULYDU
2\¼]GHQE¼\¼PHNL§LQ
GDKDID]OD§DEDJ¶VWHUPHVL
JHUHNL\RUȇGL\HNRQXğWX
ARAYI .A3A7IN
*ENRQRPL%DNDQODUñ
]LUYHVLNDSVDPDQGDG¼]HQOHQHQ*-2E&'8OXVODUDUDVñ<DWñUñP.¼UHVHO
)RUXPXȃQDNDWñODQ*XUULD
7¼UNL\HȃQLQGDKD¶QFH
E¼\¼PHGH\¼]GHȃOHUL
J¶UG¼ß¼Q¼YHGDKDID]OD
E¼\¼PHL§LQSRWDQVL\HOL
EXOXQGXßXQXND\GHGHUNHQ
ğ¶\OHNRQXğWX
Ȇ'¼ğ¼NE¼\¼PHVDGHFH
7¼UNL\HȃQLQVRUXQXGHßLO
EßHUG¼Q\D\¼]GH$%'
\¼]GH$%\¼]GH-
E¼\¼\RUVD/DWLQ$PHULND
\¼]GHLQ\¼]GHȃODUD
G¼ğP¼ğVHKHUKDQJLELU
¼ONHQLQEXPDQ]DUDL§LQGH
GDKDID]ODE¼\¼PHVLQL
EHNOH\HPH]VLQL]7¼UNL\H
GHG¼Q\DLOHHQWHJUHE¼\¼N
ELUHNRQRPL.HVLQOLNOH
ELU§RN¼ONH\HJ¶UHGDKDL\L
GXUXPGDGL\HELOLUL]$PD
JHOLğPLğ¼ONHOHUOHDUD\ñ
NDSDWPDVñL§LQKñ]ODQPDVñOD]ñP2UWDODPDKñ]
7¼UNL\Hȃ\H\HWPH]ȇ
G(LúR (ûú76ú=Lúøú
7¼UNL\HȃQLQJHOLUHğLW-
7UNL\H HNRQRPLVL WRSDUODQÖ\RU
$%'0HUNH]%DQNDVÖ·QÖQ)('IDL]DUWÖUÖPÖQD
JLWPHVLQLQGLøHUONHOHU]HULQGHNL\DUDWWÖøÖHWNL
dLQ·LQHNRQRPLNE\PHVLQGHNL\DYDûODPDYHNUHVHO
WLFDUHWHLOLûNLQGHJ|UûOHULQLLIDGHHGHQ*XUULDNUHVHO
HNRQRPLGHNL\DYDûODPD\DGDGLNNDWLoHNHUHN´.UHVHO
HNRQRPL\DYDûOÖ\RU)('YHdLQ·HLOLûNLQLVHHQGLûHOHULP
YDU%HQdLQ·LQL\L\HJLGHFHøLQLGûQ\RUXPDPDûX
DQGD\DYDûOÖ\RU%XQXQODELUOLNWH7UNL\HHNRQRPLVL
EX\ÖOLoLQ\]GHJHOHFHN\ÖOLoLQLVH\]GH
E\PHND\GHGHELOLU'ROD\ÖVÖ\OD7UNL\HHNRQRPLVL
WRSDUODQÖ\RUµGHøHUOHQGLUPHOHULQL\DSWÖ
10 (.ù0 2015
PDN\RNVXODSDUDVD§PDN
GHßLOGLUEQHWNLQ\¶QWHP
GHYOHWLQKHUNHVHHßLWLPGHQ
LğHNDGDUKHUDODQGDHğLW
IñUVDWODUVXQPDVñJHUHNLUȇ
GHGL
7hR.úY( 9(
0(.6ú.A·NIN
6OR8N8
.HQGLVLQLQ7¼UNL\Hȃ\H
EHQ]HUELU¼ONHRODQ0HNVLNDOñROGXßXQXND\GHGHQ
$JQHO*XUULDȆ7¼UNL\HYH
0HNVLNDELUELULQHEHQ]L\RU
%XLNL¼ONHQLQEDQDJ¶UHHQ
¶QHPOLVRUXQXğ¶\OHJHOLU
HğLWVL]OLßLND\ñWGñğñHNRQRPLYHYHULPOLOLNEğLWVL]OLßLD]DOWPDNL§LQHßLWLPH
LQRYDV\RQDVDßOñßDYH
WHNQRORML\HRGDNODQPDOñ\ñ]
9HUJLVLVWHPLQGHUHIRUP
\DSDUDNND\ñWGñğñQñD]DOWDELOLUL]9HULPOLOLßLDUWñUPDN
LVHEL]LPL§LQ§RN§RNNULWLN
ELUNRQXȇGL\HNRQXğWX
2(&'*HQHO6HNUHWHUL$JQHO*XUULD
RUWDODPDE\PHQLQ7UNL\H·\H
\HWPH\HFHøLQL
EHOLUWHUHN´<]GH
E\PH\OHDYXQDPD]VÖQÖ]dQN7UNL\HJHQoQIXVXQD
GDKDID]ODLû\DUDWPDNLoLQGDKDKÖ]OÖ
E\PHNGDKDID]OD
.(R( 6(dú0
oDEDJ|VWHUPHN]RûAN66I=LI. '(øúL
UXQGDµDoÖNODPDVÖQÖ
7¼UNL\HȃGHNLVH§LPOH\DSWÖ
UL\DNñQGDQWDNLSHWWLßLQL
V¶\OH\HQ$QJHO*XUULD
*-EDğNDQOñßñG¶QHPLQGH
7¼UNL\HȃGHJHQHOVH§LP
\DğDQPDVñQñğDQVñ]OñNRODVL]OLßLQGH2E&'¼ONHOHUL
UDNJ¶UPHPHNJHUHNWLßLQL
L§LQGHLON¼ONHDUDVñQGD
EHOLUWWL*XUULDȆ7¼UNLROGXßXQXGDKDWñUODWDQ
\HELU\DQGDQVH§LPOHUH
*XUULDȆ*HOLUHğLWVL]OLßL
KD]ñUODQñUNHQELU\DQGDQGD
E¼\¼PHQLQ¶Q¼QGHNLHQ
*-ȃQLQ¶QHPOLHWNLQOLNE¼\¼NHQJHOOHUGHQELUL
OHULQLJHU§HNOHğWLUHELOHFHN
'ROD\ñVñ\ODE¼\¼PHNL§LQ
NDGDUE¼\¼NYHVRʈVWLNHELU
GDKD§RN§DEDJ¶VWHUPHVL
HNRQRPL7¼UNL\HG¶QHP
JHUHNHQ7¼UNL\HJHOLUDGDEDğNDQOñßñQñ¼VWOHQGLßLEX
OHWVL]OLßLQLD]DOWPD\DG¶Q¼N *=LUYHVLȃQGH§RNLOJLQ§
UHIRUPODUñKD\DWDJH§LUPHOL VRV\DOYXUJXODURUWD\D
%XQXQL§LQ¶]HOOLNOHHßLWLP NR\GX.2%ðȃOHUNDGñQODU
ND\ñWGñğñHNRQRPLLOHP¼FD- JHQ§OLNLVWLKGDPGDNLğLVHO
GHOHYHYHULPOLOLßLDUWñUPD
NDOLWHJLELEOEHWWHNLEL]
NRQXVXQGDDGñPODUDWPDOñ
EXDMDQGD\ñGHVWHNOL\RUX]ȇ
*HOLUHğLWVL]OLßLQLD]DOWGHGL
*h1'(0
%ø59$$77(1'$+$)$=/$6,'kKLEH\LQOHU5XKU0HWURSRO‫ތ‬QGH\HQLOLNoLo|]POHU]HULQGHoDOÕúÕ\RUODU
³,QYHQWDLU\´DGOÕXoDQURERW$YUXSD‫ތ‬QÕQHQE\NORMLVWLNNPHOHQPHVLRODQ³([]HOOHQ]&OXVWHU/RJLVWLN5XKU´GD
EXúHNLOGHJHOLúWLULOGL,QYHQWDLU\GHSRODUGDNHQGLEDúÕQDVWRNVD\ÕPÕ\DSDELOPH|]HOOL÷LQHVDKLS%XEXOXú
$YUXSDµQÕQHQ\R÷XQ\NVHN|÷UHWLPFR÷UDI\DODUÕQGDQELULQLQWDPPHUNH]LQGHRUWD\DNR\XODQELUoRN³HQL\L
SHUIRUPDQV´WDQVDGHFHELUWDQHVL9HD\QÕ]DPDQGD125'5+(,1:(67)$/(1.X]H\5HQ9HVWIDO\DLoLQ
WLSLNELU|UQHNQLYHUVLWHYHPHVOHN\NVHNRNXOXPX]ODQLWHOLNOL\HQLQHVLOOHU\HWLúWLUL\RUYHEDúDUÕOÕELUWHNQRORML
WUDQVIHULLoLQLGHDONRúXOODUVXQX\RUX]0HUDNÕQÕ]ÕPÕX\DQGÕUGÕN"ZZZQUZLQYHVWFRP
(.ù0 2015 11
*h1'(0
EWoHVLPLO\DUOLUD
<ñOñ0HUNH]L
<¶QHWLP%¼W§H
.DQXQX7DVDUñVñ
7¼UNL\H%¼\¼N0LOOHW
0HFOLVL%DğNDQOñßñQD
VXQXOGX7DVDUñ\DJ¶UH
E¼W§HJLGHUOHUL
PLO\DUOLUDE¼W§HJHOLUOHUL
PLO\DUOLUDRODFDN
9HUJLJHOLUOHULQLQ
PLO\DUOLUDIDL]Gñğñ
ID]ODQñQPLO\DUOLUD
ROPDVñEHNOHQHQWDVDUñ\D
J¶UHE¼W§HD§ñßñQñQ
PLO\DUOLUDROPDVñ
EHNOHQL\RU%¼W§HGHQDVODQ
SD\ñQñ0DOL\H0LOOLEßLWLP
YH+D]LQHDODFDN
\ñOñQGDE¼W§H
JHOLUOHULQLQVRQXJHU§HNOHğPHOHULQHJ¶UH\¼]GH
DUWPDVñ¶QJ¶U¼O¼\RU
JHOHFHN\ñO\¼]GHGH
E¼\¼PHWDKPLQHGLOL\RU
*HOHFHN\ñOVRV\DO
\DUGñPODUñQWXWDUñQñQ
PLO\DUOLUD¶]HOOHğWLUPH
JHOLULKHGHʈQLQLVH
PLO\DUOLUDROPDVñEHNOHQHQ
12 (.ù0 2015
WDVDUñ\DJ¶UHSHUVRQHO
JLGHUOHULQLQE¼W§HVLQGHPLO\DUOLUDROPDVñ
KHGHʉHQL\RU
\ñOñQGDPHUNH]L
\¶QHWLPLGDUHVLQGHNLLGDUHOHUHELQ\HQLSHUVRQHO
DOñQPDVñSODQODQñ\RU
.DVñPVH§LPOHULVRQUDVñNXUXODFDN\HQLK¼N¼PHWE¼W§HYH293ȃGHED]ñ
J¼QFHOOHPHOHU\DSDELOHFHN
hd ú'AR( %AûI d(.7ú
\ñOñE¼W§H¶GHQHNOHULQGHDVODQSD\ñQñ
¶QFHNL\ñOODUGDROGXßX
JLEL0DOL\HPLO\DU
OLUD0LOOLEßLWLP%DNDQOñßñPLO\DUOLUDYH
+D]LQHPLO\DUOLUD
DOGñDOñğPDYH6RV\DO
*¼YHQOLN%DNDQOñßñȃQD
PLO\DUOLUD0LOOL6DYXQPD%DNDQOñßñȃQD
PLO\DUOLUD$LOHYH6RV\DO
3ROLWLNDODU%DNDQOñßñȃQD
PLO\DUOLUDEPQL\HW
*HQHO0¼G¼UO¼ß¼ȃQH
PLO\DUOLUD¶GHQHND\UñOGñ
*ñGD7DUñPYH+D\YDQFñOñN%DNDQOñßñ¶GHQHßL
PLO\DUOLUD.DPX+DVWDQHOHUL.XUXPXȃQXQGD
PLO\DUOLUDROGX'L\DQHW
ðğOHUL%DğNDQOñßñȃQñQWHNOLʈ
JH§HQVHQHPLO\DU7/
LNHQEXVHQHPLO\DU7/
ROGX7¼UNL\H%¼\¼N0LOOHW
0HFOLVLPLO\RQ7/
&XPKXUEDğNDQOñßñLVH
PLO\RQ7/¶GHQHNWHNOLʈ
DODFDN-G¶QHPLQLNDSVD\DQ293ȃ\HJ¶UH
¶Q¼P¼]GHNL\ñOVRQXQGD
JHQHOGHYOHWGHQJHVL\¼]GH
RUDQñQGDD§ñNYHUHFHN
3URJUDPVRQXQGDLVHGHQJH\HXODğñOPDVñKHGHʉHQL\RU'HYOHWKDUFDPDODUñYH
JHOLUOHULSURJUDPG¶QHPL
VRQXQGDNDGHPHOLRODUDN
D]DODUDN\¼]GHVHYL\HVLQHLQHFHNȃGDFDUL
D§ñßñQPLOOLJHOLUHRUDQñQñQ
\¼]GHRODUDNJHU§HNOHğPHVLEHNOHQL\RUEQHUML
LWKDODWñQñQLVHPLO\DU
GRODURODFDßñYDUVD\ñOñ\RU
ȃGDWXUL]PJHOLUOHULQLQ
PLO\DUGRODUROPDVñ
EHNOHQL\RU
0úLYON
(. ú67ú+'A0
Lh.6 9( ú7+AL
hRhN( 9(RGú
293ȃGH \ñOOñN
G¶QHPGH WDUñP GñğñQGD
LODYH PLO\RQ ELQ
NLğL\H LVWLKGDP VDßODQDFDßñ
EHOLUWLOLUNHQ LğVL]OLßLQ GH
VRQXQGD \¼]GH \ñOñQGD LVH \¼]GH VHYL\HOHULQH JHULOH\HFHßL
¶QJ¶U¼O¼\RU <DWñUñP WHğYLN
VLVWHPLQLQ J¶]GHQ JH§LULOHFHßL EHOLUWLOHQ 293ȃGH
YHUJL YH NUHGL PDOL\HWOHULQLQ IDUNOñODğWñUñOPDVñ JLEL
DUD§ODUOD ¼UHWNHQ \DWñUñPODUñQ FD]LEHVLQLQ DUWñUñODFDßñ
YXUJXODQGñ /¼NV YH\D
LWKDODW \RßXQOXßX \¼NVHN
W¼NHWLP PDOODUñQñQ WHVSLW
HGLOHUHN JHUHNOL WHGELUOHULQ
DOñQPDVñ GD SURJUDPD JLUGL
*h1'(0
(.ù0 2015 13
*h1'(0
'RøUXGDQ \DEDQFÖ \DWÖUÖPODU
\]GH DUWWÖ
7
¼UNL\Hȃ\H GRßUXGDQ
\DEDQFñ \DWñUñP EX
\ñOñQ D\ñQGD JH§HQ
\ñOñQ D\Qñ D\ñQD J¶UH \¼]GH
DUWñğ J¶VWHUGL YH PLO\DU PLO\RQ GRODUD
\¼NVHOGL
0HUNH] %DQNDVñ ¶GHPHOHU GHQJHVL YHULOHUGHQ
GHUOHQHQ ELOJL\H J¶UH
¼ONH\H \DSñODQ GRßUXGDQ
\DWñUñP QHW \¼N¼PO¼O¼N
ROXğXPX 2FDN$ßXVWRV G¶QHPLQGH \¼]GH
ȃOñN DUWñğOD PLO\DU PLO\RQ GRODU ROGX *H§HQ
\ñOñQ D\Qñ G¶QHPLQGH EX
WXWDU PLO\DU PLO\RQ
GRODU G¼]H\LQGH\GL
1HW \¼N¼PO¼O¼N ROXğXPXQXQ PLO\DU PLO\RQ
GRODUñ VHUPD\H \DWñUñPñ PLO\DU PLO\RQ GRODUñ
JD\ULPHQNXO YH PLO\RQ
GRODUñ GLßHU VHUPD\H \DWñUñPñ RODUDN JHU§HNOHğWL
$\Qñ G¶QHPGH
7¼UNL\HȃQLQ \XUW GñğñQD
GRßUXGDQ \DWñUñPñ QHW
YDUOñN HGLQLPL \¼]GH D]DODUDN PLO\DU PLO\RQ GRODUGDQ PLO\DU PLO\RQ GRODUD JHULOHGL 1HW
YDUOñN HGLQLPLQLQ PLO\DU
PLO\RQ GRODUñ VHUPD\H
\DWñUñPñ YH PLO\RQ GRODUñ GLßHU VHUPD\H \DWñUñPñ
ğHNOLQGH ROGX
7¼UNL\Hȃ\H QHW GRßUXGDQ \DWñUñP LVH EX \ñOñQ
VHNL] D\ñQGD \ñOñ
2FDN-$ßXVWRV G¶QHPLQH
J¶UH DUWñğOD PLO\DU PLO\RQ GRODUD \¼NVHOGL
$ßXVWRV D\ñQGD
7¼UNL\Hȃ\H GRßUXGDQ \DWñUñP PLO\DU PLO\RQ
GRODU \XUW L§L \HUOHğLNOHULQ
14 (.ù0 2015
<XUWGÖûÖQGD
\HUOHûLNOHULQ
7UNL\H·GHNL
GRøUXGDQ\DWÖUÖPODUÖ
EX\ÖOÖQD\ÖQGD
\]GHDUWÖûOD
PLO\DUDXODûWÖ
$\QÖG|QHPGH
7UNL\H·QLQ\XUW
GÖûÖQDGRøUXGDQ
\DWÖUÖPÖLVH\]GH
D]DODUDNPLO\DU
PLO\RQGRODUD
JHULOHGL
GRßUXGDQ VHUPD\H \DWñUñPñ
LVH PLO\RQ GRODU G¼]H\LQGH JHU§HNOHğWL
YA7IRI0LARIN ·7( ·ú
ú63ANYA·'AN
7¼UNL\HȃGH GRßUXGDQ
VHUPD\H \DWñUñPODUñQñQ
¼ONHOHUH J¶UH GDßñOñPñ
LQFHOHQGLßLQGH 2FDN$ßXVWRV G¶QHPLQGH HQ
ID]OD \DWñUñP \DSDQ ¼ONHOHU
VñUDVñ\OD ðVSDQ\D $%'
5XV\D %HO§LND YH +ROODQGD
ROGX
%X \ñOñQ 2FDN-$ßXVWRV
G¶QHPLQGH \XUW GñğñQGD
\HUOHğLNOHULQ 7¼UNL\HȃGHNL
PLO\DU GRODUOñN GRßUXGDQ VHUPD\H \DWñUñPODUñQñQ
\¼]GH ȃOXN E¶O¼P¼
PLO\DU PLO\RQ GRODU
ðVSDQ\D WDUDIñQGDQ \DSñOGñ
7HPPX] D\ñQGD PLO\DU
GRODUOñN GRßUXGDQ VHUPD\H
JLULğL ðVSDQ\DȃQñQ HQ E¼\¼N
EDQNDODUñQGDQ %%9$ȃQñQ
%DQFR %LOEDR 9L]FD\D $UJHQWDULD *DUDQWL
%DQNDVñȃQñ VDWñQ DOPDVñQGDQ
ND\QDNODQPñğWñ
$ßXVWRV D\ñQGDNL PLO\DU GRODU RODUDN JHU§HNOHğHQ GRßUXGDQ VHUPD\H
\DWñUñPñQñQ \¼]GH ȃL
*ROGPDQ 6DFKVȃñQ 62&$5
7¼UNL\HȃQLQ \¼]GH KLVVHVLQH ¶GHGLßL PLO\DU
GRODU ROGXßX J¶U¼OG¼ D\OñN G¶QHPGHNL \DWñUñPODUñQ \¼]GH ȃL PLO\DU
PLO\RQ GRODU $%'
\¼]GH ȃ¼ PLO\RQ
GRODU 5XV\D \¼]GH ȃL
PLO\RQ GRODU %HO§LND
YH \¼]GH ȃL +ROODQGD
WDUDIñQGDQ \DSñOGñ
YA%ANCILAR %AN.ACI
Y(RLúL(R 0A'(NCú
<DEDQFñ \DWñUñPFñODU VHNL] D\OñN G¶QHPGH
7¼UNL\HȃGHNL \DWñUñPODUñQñQ
\¼]GH ȃXQX EDQNDFñOñN
\¼]GH ȃLQL HOHNWULN JD]
EXKDU YH LNOLPOHQGLUPH
¼UHWLPL YH GDßñWñPñ \¼]GH
ȃLQL NRN N¶P¼U¼ YH UDʈQH HGLOPLğ SHWURO ¼U¼QOHUL
LPDODWñ YH \¼]GH ȃñQñ
JñGD L§HFHN YH W¼W¼Q
¼U¼QOHUL LPDODWñ VHNW¶U¼QGH
JHU§HNOHğWLUGL
%X G¶QHPGH EDQNDFñOñN
VHNW¶U¼QH PLO\DU GRODU
HOHNWULN ¼UHWLP YH GDßñWñPñ
VHNW¶U¼QH PLO\DU GRODU
YH UDʈQH HGLOPHPLğ SHWURO
¼U¼QOHUL VHNW¶U¼QH PLO\DU GRODU ROGX
<HUOL \DWñUñPFñODU LVH
2FDN-$ßXVWRV G¶QHPLQGHNL \XUW Gñğñ \DWñUñP-
ODUñQñQ \¼]GH ȃ¼Q¼
PDGHQFLOLN \¼]GH ȃ¼Q¼
ELOJL YH LOHWLğLP \¼]GH
ȃVLQL EDQNDFñOñN YH \¼]GH
ȃLQL LQğDDW VHNW¶U¼QGH
\DSWñ $\Qñ G¶QHPGH PDGHQFLOLN VHNW¶U¼QH PLO\DU GRODU ELOJL YH LOHWLğLP
VHNW¶U¼QH PLO\RQ GRODU
EDQNDFñOñN VHNW¶U¼QH PLO\RQ GRODU YH LQğDDW VHNW¶U¼QH PLO\RQ GRODUOñN
\DSWñUñP JHU§HNOHğWLULOGL
·h G(d(%úLúRú=
%DğEDNDQOñN 7¼UNL\H
<DWñUñP 'HVWHN YH 7DQñWñP
$MDQVñ 7<'7$ %DğNDQñ
$UGD EUPXW NRQX LOH LOJLOL
RODUDN L§LQGH EXOXQXODQ
VH§LP V¼UHFL YH ED]ñ NRPğX
¼ONHOHUGHNL ROXPVX] NRğXOODUD UDßPHQ 7¼UNL\HȃQLQ \DWñUñPFñ QH]GLQGH ELU LVWLNUDU
DGDVñ ROPD\ñ V¼UG¼UG¼ß¼Q¼
V¶\OHGL
8]XQ YDGHOL SODQODUñQD
7¼UNL\Hȃ\L G¢KLO HGHQ XOXVODUDUDVñ \DWñUñPFñODUñQ ND]DQ§Oñ §ñNDFDßñQñ LIDGH HGHQ
EUPXW Ȇ*H§WLßLPL] \ñOGD JHU§HNOHğWLULOHQ \DSñVDO
UHIRUPODU LOH HNRQRPLGH ELU
EDğDUñ KLN¢\HVL \D]DQ 7¼UNL\H E¶OJHVLQGH ELU LVWLNUDU
VHPERO¼ ROPD\ñ V¼UG¼U¼\RU
%X EDßODPGD ¼ONHPL]LQ
\DWñUñP FD]LEHVLQL NRUXGXßX
8'< SHUIRUPDQVñQGDQ GD
DQODğñODELOL\RU %D]ñ NRPğXODUGDNL ROXPVX] NRğXOODU YH
VH§LP V¼UHFLQH UDßPHQ LON
D\GD \DWñUñPFñ LOJLVLQGHNL
DUWñğ ¶QFHOLNOL KHGHʈPL]
RODQ \ñOñ 8'< WRSODP
WXWDUñQñ JH§PH \¶Q¼QGHNL
EHNOHQWLOHULPL]L J¼§OHQGLUGLȇ GL\H NRQXğWX
*h1'(0
(.ù0 2015 15
*h1'(0
+NPHWH HNRQRPL X\DUÖVÖ
E
JH %¶OJHVL 6DQD\L
2GDVñ <¶QHWLP
.XUXOX %DğNDQ
9HNLOL EUGRßDQ L§HN§L
VH§LP YH VH§LPOHUGHQ
VRQUDNL V¼UHFLQ Lğ G¼Q\DVñ
L§LQ E¼\¼N ¶QHP WDğñGñßñQñ
EHOLUWHUHN K¼N¼PHWLQ ELU
DQ ¶QFH VL\DVHWLQ JHULVLQGH
EñUDNñODQ HNRQRPL\L
J¼QGHPLQH DODUDN
\DSñVDO UHIRUPODUñ KD\DWD
JH§LUPHVLQL EHNOHGLNOHULQL
LIDGH HWWL
ð]PLUȃLQ 72%% §DWñVñ
DOWñQGDNL RGD YH ERUVDODUñ
$OLDßD 7LFDUHW 2GDVñȃQñQ
HY VDKLSOLßLQGH 72%%ȃD
EDßOñ ð]PLUȃGHNL RGD YH
ERUVDODUñQ RUWDN \¶QHWLP
NXUXOODUñ WRSODQWñVñQGD ELU
DUD\D JHOGL EJH %¶OJHVL
6DQD\L 2GDVñ <¶QHWLP
.XUXOX %DğNDQ 9HNLOL EUGRßDQ L§HN§L ð]PLU 7LFDUHW
2GDVñ <¶QHWLP .XUXOX
%DğNDQñ ENUHP 'HPLUWDğ ð]PLU 7LFDUHW %RUVDVñ
%DğNDQñ ,ğñQVX .HVWHOOL
'HQL] 7LFDUHW 2GDVñ ð]PLU
ĞXEH %DğNDQ <DUGñPFñVñ
6DYDğ EUFDQ $OLDßD 7LFDUHW
2GDVñ %DğNDQñ $GQDQ 6DND
HNRQRPL\H YH NHQWH GDLU
16 (.ù0 2015
¶QHPOL PHVDMODU YHUGL
Gú'úûA7
6hR'hRhL(%úLúR '(øúL
E%62 <¶QHWLP .XUXOX
%DğNDQ 9HNLOL EUGRßDQ
L§HN§L WRSODQWñQñQ D§ñOñğñQGD \DSWñßñ NRQXğPDGD
7¼UNL\HȃGH L§ ROD\ODUD YH
VH§LPOHUH RGDNODQñOGñßñQñ
HNRQRPLGHQ X]DNODğñOGñßñQñ
V¶\OHGL 0RUJDQ 6WDQOH\ȃLQ
7¼UNL\H L§LQ \ñOñ E¼\¼PH WDKPLQLQL \¼]GH ȃWHQ
ȃ\H LQGLUGLßLQL GRODUñQ
7¼UN /LUDVñȃQD HğLWOHQHFHßLQLQ NRQXğXOGXßX J¼QOHUGHQ 7/ȃ\L DğWñßñ J¼QOHUH
JHOLQGLßLQL EHOLUWHQ L§HN§L
Ȇ<DWñUñP \DSDPD\DQ Lğ
G¼Q\DVñQñQ EXJ¼Q HQ E¼\¼N
VRUXQX NXUODUGDNL ¶QJ¶U¼OHPHPH]OLNWLU %X JLGLğDW
V¼UG¼U¼OHELOLU GHßLOGLU YH
§RN WHKOLNHOLGLUȇ GHGL
7¼UNL\HȃQLQ \ñOñQ LNLQFL
§H\UHßLQGH JHU§HNOHğWLUGLßL \¼]GH E¼\¼PH LOH +LQGLVWDQ LQ YH
EQGRQH]\DȃQñQ DUGñQGDQ
HQ ID]OD E¼\¼\HQ ¼ONHOHU
DUDVñQGD \HU DOGñßñQñ KDWñUODWDQ L§HN§L \¼]GH ȃLQ DOWñQGDNL E¼\¼PHQLQ
(JH%|OJHVL6DQD\L
2GDVÖ<|QHWLP
.XUXOX%DûNDQ
9HNLOL(UGRøDQ
dLoHNoL$OLDøD
7LFDUHW2GDVÖ·QÖQ
HYVDKLSOLøLQGH
JHUoHNOHûWLULOHQ
2GDYH%RUVDODU
RUWDNWRSODQWÖVÖQGD
7UNL\H·GHVHoLPOHUH
RGDNODQÖOGÖøÖQD
GLNNDWoHNHUNHQ
´%LUDQ|QFH
ONHPHQIDDWOHUL
GRøUXOWXQGDKDUHNHW
HGHFHNKNPHWLQ
NXUXOPDVÖQÖKD\DWL
J|UPHNWH\L]9H
NXUXODQKNPHWLQ
VL\DVHWLQJ|OJHVLQGH
NDODQHNRQRPL\L
JQGHPLQHDODUDN
UHIRUPODUÖKD\DWD
JHoLUPHVLQL
EHNOL\RUX]µGHGL
LVWLKGDP \DUDWPD YH \DWñUñP
RODQDNODUñ NRQXVXQGD GD
VñNñQWñ DQODPñQD JHOGLßLQL
EHOLUWWL EUGRßDQ L§HN§L
ğXQODUñ V¶\OHGL
Ȇ%¼\¼PHQLQ JHQHO \DSñVñQD EDNWñßñPñ]GD ¶]HO VHNW¶U \DWñUñPODUñ 7¼UNL\HȃQLQ
E¼\¼PHVLQGH GDKD HWNLOL
ROXUNHQ NDPX \DWñUñPODUñ
VñQñUOñ ELU HWNL \DSPDNWDGñU 2 QHGHQOH ¶]HO VHNW¶U
WHğYLNOHUOH PXWODND \DWñUñPD
¶]HQGLULOPHOLGLU 'DUDODQ
G¼Q\D SD]DUñ LWKDODWñQ
JLGHUHN GDKD SDKDOñ KDOH
JHOPHVL QH \D]ñN NL LKUDFDWñ
GD DğDßñ \¶QH §HNPHNWHGLU
2 QHGHQOH GH ¶Q¼P¼]GHNL
VH§LP YH VH§LP VRQUDVñQGDNL V¼UH§ ¼ONHPL] L§LQ
Lğ G¼Q\DVñ L§LQ §RN ¶QHP
DU] HWPHNWHGLU %LU DQ ¶QFH
¼ONH PHQIDDWOHUL GRßUXOWXVXQGD KDUHNHW HGHFHN ELU
K¼N¼PHWLQ NXUXOPDVñQñ ¼ONHPL]LQ JHOHFHßL D§ñVñQGDQ
§RN KD\DWL J¶UPHNWH\L] 9H
NXUXODQ K¼N¼PHWLQ VL\DVHWLQ J¶OJHVLQGH EñUDNñODQ
HNRQRPL\L J¼QGHPLQH
DODUDN UHIRUPODUñ KD\DWD
JH§LUPHVLQL EHNOL\RUX]ȇ
EUGRßDQ L§HN§L LğD-
*h1'(0
GDPODUñQñQ VRUXQXQX VL\DVHW§LOHULQ L\L DQODPDGñßñQñ
YH EX QHGHQOH Lğ KD\DWñQGD
ROXğDQ VRUXQODUñQ §¶]¼OHPHGLßLQL LIDGH HGHUHN WRSODQWñGD J¶U¼ğ¼OHQ NRQXODUñQ
HQ NñVD V¼UHGH §¶]¼OPHVL\OH
E¶OJH YH ¼ONH HNRQRPLVLQLQ
GDKD LOHUL\H JLGHELOHFHßLQL
V¶\OHGL
6XUL\HOL P¼OWHFL VRUXQXQD GD GLNNDW §HNHQ L§HN§L
$YUXSD ¼ONHOHULQLQ JHOHFHNOHULQH \DWñUñP RODFDN ğHNLOGH NULWHUOHU NR\GXßXQX
7¼UNL\HȃQLQ LVH WRSOXPVDO
J¼YHQOLßLQL WHKOLNH\H DWWñßñQñ LOHUL V¼UG¼
(G( %A.ANI ú67úYOR8=
ð72 %DğNDQñ ENUHP 'HPLUWDğ Ȇ%¶\OH ELU RUWDPGD
HNRQRPL\H RGDNODQPDN
§RN P¼PN¼Q GHßLO ð]PLU
RODUDN EL]LP KHU ğH\LPL]
YDU %LU §RN NRQXGD SRWDQVL\HOLPL] YDU $PD \DSDPñ\RUX] ð]PLU HOHğWLULOL\RU
ð]PLU DVOñQGD JHUL NDOPDGñ
3RWDQVL\HOLQL NXOODQDPñ\RU
6H§LP VRQUDVñ HOEHW ELU K¼N¼PHW NXUXODFDN EJHȃGHQ
EDNDQ RODFDN Pñ" %L] GHUGLPL]L DQODWDELOHFHN PL\L]"
<XQDQLVWDQȃGD EJH EDNDQñ
YDU %L]GH EJH %DNDQȃñ LVWL\RUX] 6RUXQODUñPñ]ñ ELUHELU
J¶U¼ğHOLPȇ GL\H NRQXğWX
%(LúR6ú=Lú. %ú70(Lú
ENRQRPLGHNL SHUIRUPDQVñPñ]ñQ LKWL\DFñPñ]ñQ
YH SRWDQVL\HOLPL]LQ §RN
DOWñQGD ROGXßXQX V¶\OH\HQ ð]PLU 7LFDUHW %RUVDVñ
<¶QHWLP .XUXOX %DğNDQñ
,ğñQVX .HVWHOOL Ȇð§LQGH
EXOXQGXßXPX] EHOLUVL]OLN
G¶QHPLQLQ .DVñPȃGD
VRQD HUPHVL YH VRV\DO UHIDK
LOH HNRQRPLN LVWLNUDUñQ
\HQLGHQ \DNDODQPDVñ HQ
E¼\¼N DU]XPX]GXUȇ GHGL
7DUñPVDO ¼U¼QOHUGH
FRßUDʈ LğDUHW YH H-WLFDUHWLQ
¶QHPLQH GH GHßLQHQ
.HVWHOOL ¼ONHOHULQ ELU
VWUDWHML RODUDN NXOODQGñßñ
FRßUDʈ LğDUHW WHVFLOOHULQLQ
7¼UNL\HȃGH GH \D\JñQODğWñUñOPDVñ JHUHNWLßLQL YXUJXODGñ .HVWHOOL ð7%ȃQLQ FRßUDʈ
LğDUHWOL ¼U¼QOHULQ LQWHUQHW
¼]HULQGHQ SD]DUODQPDVñQD ¶QF¼O¼N HWPHN ¼]HUH
H-FRPPRGLW\ DGOñ ELU VLWH
NXUGXNODUñQñ KDEHU YHUGL
%A.ANLI. 80'8.
0h'hRLh. OL'8.
7¼UNL\HȃGHNL NDRV RUWDPñQñQ VH§LPOHUGHQ VRQUD
RUWDGDQ NDONDFDßñ LQDQFñQñ WDğñGñßñQñ GLOH JHWLUHQ
'HQL] 7LFDUHW 2GDVñ ð]PLU
ĞXEHVL <¶QHWLP .XUXOX
%DğNDQ 9HNLOL 6DYDğ EUFDQ
GD Ȇð]PLUȃL LOJLOHQGLUHQ
NRQXODUGD GD ELU ğH\OHU
\DSñQ GHPHNWHQ \RUXOGXN
.UXYD]L\HUL NRQXğPDNWDQ
\RUXOGXN ðVWLKGDP EX
VHNW¶UGH YDU %XQXQOD LOJLOL
\DSñODFDN ğH\OHU V¶\OHPOH
NDOPDPDOñ 'HQL]FLOLN %DNDQOñßñQñ XPDUNHQ EDNDQOñN
DOWñQGD JHQHO P¼G¼UO¼N ROGXN 7HN V¶\OHPGH URWDPñ]ñ
EHOLUOH\HELOHFHßLPL] EL]H
\¶Q J¶VWHUHQ NDWDQD LKWL\DFñPñ] YDUȇ GL\H NRQXğWX
6OR8NLAR +(R G(d(N
GhN %hYhYOR
$OLDßD 7LFDUHW 2GDVñ
%DğNDQñ $GQDQ 6DND LVH
7¼UNL\HȃQLQ LNL E¼\¼N NXUXOXğX 3HWNLP YH 7¼SUDğȃñQ
\DQñVñUD FLYDUñQGD
VDQD\LFLQLQ IDDOL\HW J¶VWHUGLßL ELQ Q¼IXVOX LO§HQLQ
VRUXQODUñQñQ KHU JH§HQ J¼Q
E¼\¼ß¼QH GLNNDW §HNHUNHQ
PDVWHU SODQ LKWL\DFñQñ J¼QGHPH JHWLUGL
6DND ȆðKUDFDWñQ
\DSñOGñßñ OLPDQñQ \ROODUñ
N¶W¼ GXUXPGD .RQWH\QHU
OLPDQODUñPñ]ñQ DOW \DSñODUñ \HQLGHQ HOH DOñQPDOñ
%HUJDPD LOH 0HQHPHQ
DUDVñQGDNL WUDʈN VRUXQXQ
DUWñN §HNLOHFHN KDOL NDOPDGñ *¼]HUJDKñ J¼QGH -
ELQ DUD§ NXOODQñ\RU EXQXQ
ELQL WñU 3HWNLP /LPDQñ
GHYUH\H JLUGLßLQGH ELQ
WñU GDKD HNOHQHFHN
<ROODU DUWñN JH]PHN L§LQ
GHßLO WLFDUHW L§LQ \DSñOPDOñ
$\UñFD WHğYLN NRQXVXQGD
GD E¶OJHVHO GHßLO VHNW¶UHO
WHğYLN X\JXODPDVñQD JH§LOPHVL JHUHNL\RUȇ GHGL
.8=(Y (G(·NúN
úNCúL(Rú
%HUJDPD 7LFDUHW 2GDVñ
<¶QHWLP .XUXOX %DğNDQñ )LNUHW USHU .X]H\
EJHȃQLQ LQFLOHUL SURMHVLQL
DQODWWñ 7XUL]PLQ NDOELQLQ
JHOHFHNWH .X]H\ EJHȃGH
DWDFDßñQñ LIDGH HGHQ USHU
ğXQODUñ V¶\OHGL
Ȇ)R§D %HUJDPD 'LNLOL
$\YDOñN %XUKDQL\H EGUHPLW LO§HOHULQL NDSVD\DQ
%¶OJH\L ELUOLNWH §DOñğDUDN
KDUHNHWOHQGLUPHN L§LQ ELU
SURMH EDğODWWñN 3URMHPL]GH
JHOHQ WXULVWL EGUHPLW +DYD
/LPDQñQGDQ DODUDN ð]PLU
+DYDOLPDQñQD NDGDU \D
GD WDP WHUVL RODUDN ð]PLU
+DYDOLPDQñQGDQ EGUHPLW
+DYDOLPDQñQD NDGDU L§LQGH
GHQL]LQ N¼OW¼U¼Q WDULKLQ
\D\ODQñQ ROGXßX ELU JH]L\OH
EXOXğWXUPDN LVWL\RUX] %¶OJH\L ELU E¼W¼Q RODUDN JHOHQ
WXULVWH VXQPD\ñ KHGHʉL\RUX]ȇ
(.ù0 2015 17
HABER
7DQUÖNXOX ù]PLUOL VDQD\LFLOHUOH EXOXûWX
0+3 0HUNH] <¶QHWLP
.XUXOX \HVL YH ð]PLU %¶OJH 6ñUD $GD\ñ $KPHW
.HQDQ 7DQUñNXOX HNRQRPLN
LVWLNUDUVñ]OñßñQ ¼ONH\L X§XUXPD V¼U¼NOHGLßLQL EXQXQ
VRUXPOXVXQXQ GD \ñOGñU
¼ONH\L \¶QHWHQOHULQ ROGXßXQD LğDUHW HGHUHN ¼ONH\L
G¼]O¼ßH §ñNDUDFDN ¼UHWHQ
HNRQRPLQLQ DQDKWDUñQñQ
0+3ȃGH ROGXßXQX V¶\OHGL
6H§LP §DOñğPDODUñQñ
V¼UG¼UHQ 7DQUñNXOX ð]PLU
%¶OJH 6ñUD DGD\ñ 'U
1HVOLKDQ HOLN LOH ELUOLNWH
EJH %¶OJHVL 6DQD\L 2GDVñ
\HOHUL LOH ELU DUD\D JHOHUHN
¼ONH J¼QGHPL YH HNRQRPLVLQL GHßHUOHQGLUGL
YORGANCILAR: gNC(
+8=8R 9( Gh9(N
7DQUñNXOX LOH HOLNȃL
PLVDʈU HGHQ E%62
EQGHU <RUJDQFñODU .DVñP
VH§LPOHULQLQ ¼ONH HNRQRPLVL L§LQ §RN ¶QHPOL ROGXßXQX
EHOLUWHUHN ¼ONH ¶QFHOLßLQLQ
KX]XU YH J¼YHQ RUWDPñQñQ
VDßODQPDVñ ROGXßXQX V¶\OHGL +D]LUDQ VH§LPOHULQLQ
DUGñQGDQ VL\DVL SDUWLOHULQ
ELU DUD\D JHOHUHN +¼N¼PHW
NXUDPDGñßñQñ YH VRQUDVñQGD
VL\DVL YH HNRQRPLN LVWLNUDUVñ]OñßñQ RUWD\D §ñNWñßñQD
LIDGH HGHQ <RUJDQFñODU Ȇ
.DVñP VH§LPOHULQGHQ VRQUD
VRQX§ QH ROXUVD ROVXQ LYHGL
ELU ğHNLOGH +¼N¼PHW NXUXOPDOñ ENRQRPLGHQ ¶QFH
7¼UN WRSOXPXQXQ KX]XU YH
J¼YHQ L§LQGH \DğDPDVñ §RN
¶QHPOL %XQXQ L§LQ VL\DVL
SDUWLOHUH §RN ¶QHPOL J¶UHYOHU G¼ğ¼\RU 6L\DVL SDUWLOHU
§¶]¼P ¼UHWPHN L§LQ YDUGñU
%L] Lğ G¼Q\DVñ WHPVLOFLOHUL
RODUDN ¶QFH KX]XU J¼YHQ
18 (.ù0 2015
VRQUDVñQGD GD LQVDQODUñPñ]D
Lğ YH Dğ \DUDWñOPDVñQñ LVWL\RUX]ȇ GHGL
(.ONO0ú.
ú67ú.RAR6I=LI.
A.3·NúN (6(Rú
+D]LUDQ VH§LPOHULQGHQ
VRQUD ¼ONH HNRQRPLVLQLQ
\HUOH ELU ROGXßXQX LIDGH
HGHQ 7DQUñNXOX GRODUñQ OLUD\ñ JH§WLßLQL DOWñQ ʈ\DWñQñQ
DğñUñ R\QDNOñN J¶VWHUGLßLQL
%RUVD ðVWDQEXO HQGHNVLQLQ
GH G¼ğW¼ß¼Q¼ KDWñUODWWñ
ENRQRPLN LVWLNUDUVñ]OñßñQ
NURQLNOHğPH\H EDğODGñßñQñ
LOHUL V¼UHQ 7DQUñNXOX LNLQFL
§H\UHN E¼\¼PH UDNDPODUñQñQ GD HNRQRPLGHNL
ER]XOPD\ñ J¶VWHUGLßLQL
V¶\OHGL $KPHW .HQDQ 7DQUñNXOX N¶W¼ JLGLğDWñ 5HVPL
*D]HWHȃGH \D\ñPODQDUDN
\¼U¼UO¼ßH JLUHQ YH
\ñOODUñQñ NDSVD\DQ
ȃQFL 2UWD 9DGHOL 3ODQȃñQ
GD J¶]OHU ¶Q¼QH VHUGLßLQL
DQODWñUNHQ V¶]OHULQL ğ¶\OH
V¼UG¼UG¼
ȆONHPL]LQ JHOHFHN
\ñOODUGDNL HNRQRPLN KHGHIOHULQL J¶VWHUHQ EX UHVP® GRN¼PDQ DGHWD EDğDUñVñ]OñßñQ
LWLUDIñGñU YH VRQUDNL
\ñOñQ E¼\¼PH UDNDPODUñ
EX 293ȃGH G¼ğ¼U¼OP¼ğW¼U
%X 293 LOH $.3 PLOOHWLPL]H GDKD G¼ğ¼N E¼\¼PH
0+3ù]PLU0LOOHWYHNLOL7DQUÖNXOX(%62
]L\DUHWLQGH´(NRQRPLNLVWLNUDUVÖ]OÖN
ONH\LXoXUXPDVUNO\RU%XQXQGD
VRUXPOXVX\ÖOGÖU
ONH\L\|QHWHQOHUGLUµGHGL
GDKD \¼NVHN HQʉDV\RQ YH
LğVL]OLN LOH GDKD G¼ğ¼N Gñğ
WLFDUHW JHOLUL YDDW HWPLğWLU
EQ ¶QHPOLVL LVH EXQGDQ
¶QFHNL ȃQFX 293ȃGH
\HU DODQ §RN ¶QHPOL ELU
J¶VWHUJHQLQ EX VRQ 293ȃGH
\HU DOPDPDVñGñU 'RODU
FLQVLQGHQ *D\UL 6Dʈ <XUWL§L
+DVñOD *6<+ LOH GRODU
FLQVLQGHQ NLğL EDğñ JHOLU JL]OHQPLğ \HULQH 6DWñQ $OPD
3DULWHVLQH *¶UH 6$3* KHVDSODQPñğ UDNDPODU NR\XOPXğWXU $.3 LNL J¶VWHUJH\L
QH NDGDU JL]OHPH\H §DOñğVD
GD GLßHU UDNDPODUGDQ NROD\FD \DSñODQ KHVDSODPDODUD
J¶UH \ñOñ PLOOL JHOLUL
PLO\DU GRODUD NLğL EDğñ
JHOLULQ LVH \DNODğñN ELQ
GRODUD G¼ğW¼ß¼ J¶U¼OPHNWHGLU ENRQRPLN DODQGD
\ñOODUGñU LOO¼]\RQ \DSDQ
$.3ȃ\H JHU§HN KD\DWñQ
L§LQGH JH§LP P¼FDGHOHVL
YHUHQ PLOOHWLPL] EXQXQ KHVDEñQñ .DVñPȃGD VDQGñNWD
PXKDNNDN VRUDFDNWñUȇ
(.ONO0ú 0+3 úL(
ûA+LANACA.
.DVñP VH§LPOHULQLQ
¼ONHQLQ UHIDK YH KX]XUX
D§ñVñQGD G¶Q¼P QRNWDVñ
ROGXßXQX GLOH JHWLUHQ 7DQUñNXOX Ȇ0+3 LNWLGDUñQGD
ȂUHWHQ ENRQRPL 3URJUDPñȃ
LOH ¼ONH HNRQRPLVL LVWLNUDU
YH KX]XU RUWDPñ L§HULVLQGH
RODFDNWñU 3DUWLPL]LQ HNRQRPL SROLWLNDODUñ PLOOHWLPL]LQ
NDUğñ NDUğñ\D ROGXßX ERU§OXOXN JH§LP VñNñQWñVñ LğVL]OLN
YH \RNVXOOXßD §DUH RODFDN
DFLO ¶QOHPOHUGHQ ROXğDQ
Ȇ5DKDWODWñFñ 3ROLWLNDODUȇ
LOH EXQXQOD Hğ ]DPDQOñ
RODUDN 7¼UNL\Hȃ\L JHOHFHßH
WDğñ\DFDN Ȇ.DONñQPD 3ROLWLNDODUñȇ ROPDN ¼]HUH LNL
DQD HNVHQGHQ ROXğPDNWDGñU
8\JXOD\DFDßñPñ] HNRQRPL
SURJUDPñQñQ HQ ¶QHPOL QRNWDVñ HNRQRPLQLQ Gñğ ND\QDN
EDßñPOñOñßñQñ D]DOWDUDN
ğRNODUD NDUğñ GD\DQñNOñ KDOH
JHWLUPHN YH NñUñOJDQOñßñQñ
D]DOWPDNWñU %XQXQ GñğñQGD
ʈ\DW LVWLNUDUñ VDßODPDN YH
D\UñFD E¼\¼PHGHQ WDYL]
YHUPHGHQ FDUL D§ñßñ NRQWURO
DOWñQGD WXWPDNWñU UHWHUHN
E¼\¼\HQ HNRQRPLQLQ DQDKWDUñ 0+3ȃGLUȇ GL\H NRQXğWX
OLTS NUTS SCREWS WASHERS ANCH
NOX HARDWARE FURNITURE FASTEN
ANDTOOLS SLICONES BOLTS NUTS S
ASHERS ANCHORS INOX HARDWA
URNITURE FASTENERSHANDTOOLS SL
ASHERS ANCHORSINOX HARDWAR
6orXOarÖnÖ] varsa
&HvaSOarÖmÖ] var
DĞǀĐƵƚƉƌŽďůĞŵůĞƌŝŶŝǌŝŐĞŶŝƔƺƌƺŶŐĂŵŦŶĚĂǇĞƌĂůĂŶ
ƺƌƺŶĕĞƔŝƚůŝůŝŒŝŵŝǌǀĞŐĞůŝƔŵŝƔůŽũŝƐƟŬĂŒŦŵŦǌůĂ
ĕƂǌƺŵĞƵůĂƔƨƌŦǇŽƌƵǌ͘
®
Bilgi için;
+(90) 232 376 77 87
www.standartcivata.com.tr
/standartcivata
standartcÖvata©
EGE’DEN
ù]PLU’GH XOXVODUDUDVÖ
\DWÖUÖPFÖODUOD LVWLûDUH WRSODQWÖVÖ
8OXVODUDUDVÖGRøUXGDQ\DWÖUÖPODU8'<|]HOVHNW|UQUHNDEHWJFQQDUWÖUÖOPDVÖ$U*H
YH\HQLOLNoLOLøLQJHOLûWLULOPHVLLVWLKGDPDYHE\PH\HVDøODGÖøÖNDWNÖJLELSHNoRNDoÖGDQ
HNRQRPLSROLWLNDODUÖPÖ]GD|QHPOLELU\HUWXWPDNWDGÖU
7¼UNL\HȃQLQ Lğ RUWDPñQD LOLğNLQ
VHUPD\HOL ʈUPDQñQ LON ğLUNHWLQ ¼UHWWLßL
LVWLğDUHOHUGH EXOXQPDN ¼]HUH 7¼UNL\HȃGH
EU¼W NDWPD GHßHULQ \¼]GH ȃ¼ VDKLS
\DWñUñP \DSDQ XOXVODUDUDVñ VHUPD\HOL ʈUPD
ROGXßX ¶] VHUPD\HQLQ \¼]GH ȃL QHW
WHPVLOFLOHULQLQ LğWLUDNL\OH ENRQRPL %DNDQñ
DNWLʉHULQLQ \¼]GH ȃX G¶QHP N¢UñQñQ
6Q 1LKDW =H\EHNFLȃQLQ EDğNDQOñßñQGD
\¼]GH ȃVL LKUDFDWñQñQ \¼]GH ȃL YH
JHU§HNOHğWLULOHQ ENRQRPL %DNDQOñßñ RUWDODPD ¼FUHWOL VD\ñVñQñQ \¼]GH ȃ¼QH
8OXVODUDUDVñ <DWñUñPFñODU 'HUQHßL <$6E'
VDKLS ROPDVñ XOXVODUDUDVñ VHUPD\HOL
8OXVODUDUDVñ <DWñUñPFñODUOD ðVWLğDUH 7RSODQWñVñ
ʈUPDODUñQ HNRQRPL\H NDWNñVñQñ RUWD\D
ENLP WDULKLQGH ð]PLU .D\D 7HUPDO
NR\PDNWDGñU
2WHOȃGH G¼]HQOHQGL
.¼UHVHO XOXVODUDUDVñ GRßUXGDQ \DWñUñP
7RSODQWñGD <$6E' ¼\HOHUL \DWñUñP
DNñPODUñQGDQ 7¼UNL\HȃQLQ SRWDQVL\HOLQH
RUWDPñ\OD LOJLOL ¶QFHOLNOL VRUXQ DODQODUñ
X\JXQ VHYL\HGH SD\ DOPDVñ \DWñUñPFñ
KDNNñQGD J¶U¼ğOHULQL GLOH JHWLUGL 'LOH JHWLULOHQ
GRVWX ELU \DVDO §HU§HYH YH Lğ RUWDPñ
KXVXVODU DQD EDğOñNODU KDOLQGH Ȇ%¶OJHVHO
VXQXOPDVñ \DQñQGD HNRQRPLN YH VL\DVL
$GQDQ<ÖOGÖUÖP
\¶QHWLP YH E¶OJHVHO KL]PHW PHUNH]L RODUDN
LVWLNUDU EDğWD ROPDN ¼]HUH ELU§RN XQVXUD
ENRQRPL BDNDQ <DUGÖPFÖVÖ EDßOñGñU %X EDßODPGD 7¼UNL\HȃQLQ
7¼UNL\H YH KL]PHW LKUDFDWñQñQ YHUJLVHO
PHNDQL]PDODUOD GHVWHNOHQPHVL \DWñUñP
XOXVODUDUDVñ \DWñUñPODU D§ñVñQGDQ UHNDEHW
YH $U-*H WHğYLNOHUL GROD\OñGROD\Vñ] YHUJLOHU GHQJHVL
J¼F¼Q¼ \¼NVHOWPHVL VWUDWHMLN KHGHʉHU DUDVñQGD ¶Q VñUDODUGD
LWKDODWWD NRUXQPD ¶QOHPOHUL \HUOLOHğWLUPH V¼UHFL *¼PU¼N
JHOPHNWHGLU
%LUOLßL 0RGHUQL]DV\RQX YH 7UDQVDWODQWLN 7LFDUHW YH
8OXVODUDUDVñ VHUPD\HOL \DWñUñPFñODUD 7¼UN \DWñUñPFñODUOD
<DWñUñP 2UWDNOñßñ 77,3 'DKLOGH ðğOHPH 5HMLPL 'ð5
HğLW KDN YH VRUXPOXOXNODU WDQñ\DQ ¼ONH LOH LP]DODQDQ
<DWñUñPODUñQ .DUğñOñNOñ 7HğYLNL YH .RUXQPDVñ $QODğPDODUñ
ELOJL LOHWLğLP WHNQRORMLOHUL HQHUML DOW\DSñ YH ORMLVWLN JLEL
VHNW¶UOHUOH LOJLOL KXVXVODUȇ ROGX
YH 6HUEHVW 7LFDUHW $QODğPDODUñ LOH XOXVODUDUDVñ UHNDEHW
8OXVODUDUDVñ GRßUXGDQ \DWñUñPODU 8'< ¶]HO VHNW¶U¼Q
J¼F¼ DUWñUñODQ OLEHUDO YH ğHIIDI XOXVODUDUDVñ GRßUXGDQ
UHNDEHW J¼F¼Q¼Q DUWñUñOPDVñ $U-*H YH \HQLOLN§LOLßLQ
\DWñUñP PHY]XDWñ LOH XOXVODUDUDVñ \DWñUñPFñODUD HWNLQ ELU
JHOLğWLULOPHVL LVWLKGDPD YH E¼\¼PH\H VDßODGñßñ NDWNñ
\DVDO §HU§HYH\H VDKLS Lğ RUWDPñ VXQXOPDNWDGñU
JLEL SHN §RN D§ñGDQ HNRQRPL SROLWLNDODUñPñ]GD ¶QHPOL
\ñOñQGDQ EX \DQD 7¼UNL\HȃGH Lğ \DSPDQñQ
ELU \HU WXWPDNWDGñU ,62 ȃGH \HU DODQ XOXVODUDUDVñ
NROD\ODğWñUñOPDVñ DPDFñ\OD \DVDO SURVHG¼UOHULQ
20 E.ù0 2015
EGE’DEN
VDGHOHğWLULOPHVL LGDUL YH E¼URNUDWLN HQJHOOHULQ
NDOGñUñOPDVñQD \¶QHOLN W¼P NXUXP YH NXUXOXğODUñQ
NDWñOñPñ\OD \¼U¼W¼OHQ §DOñğPDODU 7¼UNL\HȃQLQ Lğ RUWDPñQñQ
UHNDEHW J¼F¼Q¼Q DUWPDVñQD E¼\¼N NDWNñ VDßODPñğWñU
%XQXQ \DQñQGD ¶]HO VHNW¶U RGDNOñ E¼\¼PH KHGHʈ
GRßUXOWXVXQGD \DWñUñP RUWDPñQñQ L\LOHğWLULOPHVLQH \¶QHOLN
IDDOL\HWOHU XOXVODUDUDVñ VHUPD\HOL ʈUPDODUñQ GD HWNLQ ELU
ğHNLOGH WHPVLO HGLOGLßL <DWñUñP 2UWDPñQñ ð\LOHğWLUPH
.RRUGLQDV\RQ .XUXOX <2ð.. YH <DWñUñP 'DQñğPD
.RQVH\L <'. SODWIRUPODUñ DUDFñOñßñ\OD \¼U¼W¼OPHNWHGLU
<2ð.. \ñOñQGDQ EX \DQD ENRQRPL %DNDQOñßñ
NRRUGLQDV\RQXQGD NDPX NXUXPX YH ¶]HO VHNW¶U
WHPVLOFLVL NXUXOXğ LOH \DWñUñPODUD \¶QHOLN G¼]HQOHPHOHULQ
EDVLWOHğWLULOPHVL \DWñUñP RUWDPñQñQ UHNDEHW J¼F¼Q¼
DUWñUDFDN SROLWLNDODUñQ JHOLğWLULOPHVL YH ¼UHWLPLQ W¼P
VDIKDODUñQGD \HUOL YH XOXVODUDUDVñ \DWñUñPFñODUñQ NDUğñODğWñßñ
W¼P LGDUL VRUXQODUñQ JLGHULOPHVL DPDFñQD \¶QHOLN IDDOL\HW
J¶VWHUPHNWHGLU
<¼U¼W¼OPHNWH RODQ \DWñUñP RUWDPñQñQ L\LOHğWLULOPHVL
UHIRUP SURJUDPñQD XOXVODUDUDVñ ELU SHUVSHNWLI
ND]DQGñUñOPDVñ DPDFñ\OD \ñOñQGD ROXğWXUXODQ
<'. LVH 6Q %DğEDNDQ EDğNDQOñßñQGD ¶QGH JHOHQ
§RNXOXVOX ğLUNHWOHULQ ¼VW G¼]H\ \¶QHWLFLOHULQLQ NDWñOñPñ LOH
JHU§HNOHğWLULOHQ ¼VW G¼]H\ ELU WRSODQWñGñU
*HUHN <2ð.. JHUHNVH <'. E¼Q\HVLQGH \¼U¼W¼OHQ
§DOñğPDODUGD \DWñUñPODUñQ ¶Q¼QGHNL LGDUL HQJHOOHULQ WHVSLW
HGLOPHVL YH 7¼UNL\HȃQLQ ELU \DWñUñP \HUL RODUDN LPDMñQñQ
J¼§OHQGLULOPHVL L§LQ ¶]HO VHNW¶U WHPVLOFLOHULQLQ VDßODGñßñ
NDWNñ SROLWLND \DSñFñODU D§ñVñQGDQ ROGXN§D EHOLUOH\LFLGLU
.DPX YH ¶]HO VHNW¶U WHPVLOFLOHUL DUDVñQGDNL
RUWDN §DOñğPD N¼OW¼U¼Q¼Q WHPHOLQL ROXğWXUDQ <2ð..
SODWIRUPXQXQ NDWNñVñ\OD \¼U¼W¼OHQ §DOñğPDODU VRQXFXQGD
\ñOñQGD ELU§RN ND]DQñP HOGH HGLOGL \ñOñ
§DOñğPDODUñ NDSVDPñQGD LOHUOHPH VDßODQDQ DODQODU
PDGHQFLOLN VHNW¶U¼QGH \DWñUñPFñODUñQ NDUğñODğWñNODUñ
UXKVDW LSWDOL X\JXODPDVñQD LOLğNLQ VRUXQODUñQ JLGHULOPHVL
WLFDUL DODFDN VLJRUWDVñ SROL§HOHULQLQ GH EDQNDODUFD
WHPLQDW RODUDN NDEXO HGLOPHVL LOH .2%ðȃOHULQ ʈQDQVPDQD
HULğLPLQLQ NROD\ODğWñUñOPDVñQD \¶QHOLN G¼]HQOHPHOHULQ
KD\DWD JH§LULOPHVL DWñN HOHNWULNOL HOHNWURQLN Hğ\DODUñQ
\¶QHWLPL JLULğLPFL ğLUNHWOHULQ E¼\¼PHVL YH JLULğLPFLOLN
HNRVLVWHPLQLQ JHOLğWLULOPHVLGLU
WH \DQGDQ \ñOñQGD GHYDP HGHQ PDNURHNRQRPLN
NñUñOJDQOñNODU SROLWLND EHOLUVL]OLNOHUL YH MHRSROLWLN
JHUJLQOLNOHU QHGHQL\OH N¼UHVHO 8'< DNñPODUñQñQ \¼]GH RUDQñQGD D]DOGñßñ ELU JHULOHPH G¶QHPLQGH 7¼UNL\H ELU
¶QFHNL \ñOD J¶UH PLO\DU GRODU KDʈI ELU DUWñğOD PLO\DU GRODU VHYL\HVLQGH 8'< JLULğL \DNDODGñ \ñOñQñQ
2FDN Ǿ 7HPPX] G¶QHPLQGH LVH ELU ¶QFHNL \ñOD J¶UH \¼]GH
DUWñğOD PLO\DU GRODU VHYL\HVLQH HULğWL 7¼UNL\Hȃ\H
JHOHQ WRSODP 8'< WXWDUñ - \ñOODUñ DUDVñQGDNL
G¶QHPGH VDGHFH PLO\DU GRODU LNHQ ȃWHQ J¼Q¼P¼]H
NDGDU RODQ G¶QHPGH \DNODğñN NDWWDQ ID]OD DUWDUDN PLO\DU GRODUD XODğWñ
7¼P EX JHOLğPHOHU N¼UHVHO NñUñOJDQOñßñQ HQ KDW
VDIKDODUGD \DğDQGñßñ J¼Q¼P¼] NRQMRQNW¼U¼QGH
XOXVODUDUDVñ \DWñUñP §HYUHOHULQFH 7¼UNL\Hȃ\H GX\XODQ
J¼YHQLQ J¶VWHUJHVLGLU
E.ù0 2015 21
KENT
ù]PLU’LQ ND]DQPD ]DPDQÖ
E
JH %¶OJHVL 6DQD\L
2GDVñ <¶QHWLP
.XUXOX \HVL
0XKVLQ '¶QPH] ¼ONHPL]LQ
KHGHʉHULQH XODğPDVñQGD HQ
E¼\¼N ND\QDN NHQWOHUGHQ
ELULQLQ ð]PLU ROGXßXQD
GLNNDW §HNHUNHQ WDUñP YH
WLFDUHWWHQ JHOHQ HNRQRPLN
DOW\DSñ VDQD\L N¼OW¼U¼
YH ORMLVWLN DYDQWDMODUñQñQ
HWNLQ NXOODQñODUDN GRßUX
DGñPODUOD ND]DQFD
G¶Q¼ğW¼U¼OPHVL JHUHNWLßLQL
V¶\OHGL '¶QPH] ȆðğELUOLßL
L§HULVLQGH KHUNHVLQ
NDWNñVñ\OD \RO DOPDN YH
NHVLQOLNOH IDUN \DUDWPDN
]RUXQGD\ñ] %XQXQ
L§LQ GH XOXVODUDUDVñ ELU
SHUVSHNWLIWHQ EDNPDOñ
YH VWUDWHMLN SURMHOHU
¼UHWPHOL\L]ȇ GHGL
.HQWVHO YH %¶OJHVHO
$UDğWñUPDODU $ßñ WDUDIñQGDQ
ð]PLU <¼NVHN 7HNQRORML
EQVWLW¼V¼ ĞHKLU YH %¶OJH
3ODQODPD %¶O¼P¼ LOH ð]PLU
%¼\¼NğHKLU %HOHGL\HVL Hğ
J¼G¼P¼QGH Ȇ*D\ULPHQNXO RGDNOñ E¼\¼PHGHQ
¼UHWLPH GD\DOñ E¼\¼PH\H
GRßUXȇ WHPDVñ\OD JHU§HN-
22 E.ù0 2015
OHğWLULOHQ VHPSR]\XPGD
ð]PLU DOñğWD\ñȃQD NDWñODQ
'¶QPH] ð]PLUȃLQ VDQD\LOHğPHVL NHQWLQ JHOHFHßLQGH
¼UHWLPLQ URO¼ YH ¼UHWLP
HNRQRPLVLQLQ G¶Q¼ğ¼P¼
L§LQ \DSñODQ JLULğLPOHUL
DNWDUGñ
'¼Q\DGD EDğOñFD ğHKULQ HNRQRPLQLQ \¼]GH
ȃXQX ROXğWXUGXßXQX
HQHUMLQLQ \¼]GH ȃLQLQ GH
EX NHQWOHUGH W¼NHWLOGLßLQL
KDWWD ED]ñ ğHKLUOHULQ HNRQRPLVLQLQ YH ]L\DUHW§L VD\ñODUñQñQ ELU§RN ¼ONH Q¼IXVXQXQ
¼]HULQH §ñNWñßñQñ KDWñUODWDQ
'¶QPH] Ȇ'¼Q\DGD NDONñQPDQñQ \HUHOGHQ EDğODGñßñQñ J¶U¼\RUX] .HQWOHULQ
SRWDQVL\HOOHUL GRßUXOWXVXQGD GRßUX \¶QOHQGLULOPHVL
¼ONHQLQ HNRQRPLN ND]DQFñ
ROX\RU 7¼UNL\HȃQLQ SRWDQVL\HOL YH MHRSROLWLN ¶QHPL
ð]PLUȃLQ VDQD\L N¼OW¼U¼ LOH
ORMLVWLN DYDQWDMODUñ EL]OHUL
KHU ]DPDQ XPXWODQGñUPñğWñUȇ GL\H NRQXğWX
hR(7ú0 h66h
ð]PLUȃLQ WDUñP YH
WLFDUHWWHQ JHOHQ HNRQRPLN
(JH%|OJHVL6DQD\L
2GDVÖ<|QHWLP
.XUXOXh\HVL0XKVLQ
'|QPH]ù]PLU·H
XOXVODUDUDVÖELU
SHUVSHNWLIWHQEDNÖS
VWUDWHMLNSURMHOHU
UHWLOPHVLQLLVWHUNHQ
|]HOOLNOHVDQD\L\L
JHOLûWLULFLWHûYLNOHUH
RGDNODQÖOPDVÖ
JHUHNWLøLQLVDYXQGX
DOW\DSñVñQñ VDQD\LGHQ
HßLWLP YH VDßOñßD N¼OW¼UGHQ
WXUL]PH WXUL]PH NDGDU JHQLğ
ELU \HOSD]H\H \D\DUDN EXJ¼QH JHOGLßLQL WHNUDUOD\DQ
'¶QPH] ğX ELOJLOHUL YHUGL
Ȇð]PLU ¼ONH VDQD\L
¼UHWLPLQLQ \DNODğñN \¼]GH
ȃVLQL LVWLKGDPñQñQ \¼]GH
ȃVñQñ LWKDODWñQñQ \¼]GH
ȃLQL LKUDFDWñQñQ \¼]GH
ȃVñQñ Q¼IXVXQXQ \¼]GH
ȃVLQL NDUğñODPDNWDGñU
%LU§RN EDğOñNWD 7¼UNL\HȃGH
LNLQFH YH ¼§¼QF¼ VñUDVñQñ
NRUXPDNWDGñU 1¼IXVXQXQ
\¼]GH ȃVLQLQ VDQD\LGH
LVWLKGDP HGLOPHVL VDQD\LQLQ ð]PLU YH ð]PLUOL L§LQ
QH NDGDU ¶QHPOL ROGXßXQX
GD J¶VWHUPHNWHGLU %XQXQOD ELUOLNWH ¼QLYHUVLWH
26% VHUEHVW E¶OJHOHU WHNQRORML JHOLğWLUPH
E¶OJHOHUL LKWLVDV IXDUODUñ
GHßLğLN DODQGD \DSñODQ
¼UHWLPL YDVñʉñ LğJ¼F¼ YH
DOWHUQDWLI HQHUML ND\QDNODUñ
LOH ¼UHWLP L§LQ W¼P LPNDQ
ð]PLUȃGH VXQXOPDNWDGñU
<DEDQFñ VHUPD\HOL GRßUXGDQ \DWñUñPD JHOHQ ʈUPDODUñQ HQ §RN JHOGLßL LON VDQD\L ğHKUL L§LQGH ð]PLUȃH
JHOHQ ʈUPDODUñQ \¼]GH ȃL
ðVWDQEXOȃGD \¼]GH ȃ¼
$QNDUDȃ\D JHOHQOHULQ LVH
VDGHFH \¼]GH ȃ¼ LPDODW
VDQD\LQGH IDDOL\HW J¶VWHUPHNWHGLU <DEDQFñ VHUPD\H
EHQ]HU Lğ N¼OW¼U¼QH VDKLS
ROPDVñ QHGHQL\OH ¼UHWLP
L§LQ ð]PLUȃL WHUFLK HWPHNWHGLU %XJ¼Q G¼Q\DQñQ ¼UHWLP
PHUNH]L RODQ LQ 7¼UNL\HȃGHNL LNLQFL %DğNRQVR-
KENT
ORVOXßXQX ð]PLUȃH D§ñ\RUVD
EX YH EHQ]HUL IñUVDWODU L\L
GHßHUOHQGLULOPHOLGLUȇ
0XKVLQ '¶QPH] E%62
RODUDN JHUHN \XUW L§L JHUHNVH \XUW GñğñQGDNL \DWñUñPFñODUñ ð]PLUȃH §HNHELOPHN L§LQ
JHU§HNOHğWLUGLNOHUL DNWLYLWHOHULQ \DQñVñUD GHVWHNOHU YH
PHY]XDWODU NDSVDPñQGD GD
\DWñUñP NRğXOODUñQñQ GDKD
L\L ROPDVñ DPDFñ\OD JLULğLPOHU V¼UG¼UG¼NOHULQL DQODWñUNHQ ¶]HOOLNOH VDQD\L\L
JHOLğWLULFL WHğYLNOHUH RGDNODQñOPDVñQñQ $NGHQL]ȃLQ WLFDUHW NDYğDßñ NRQXPXQGDNL
NHQWLQ 7¼UNL\H HNRQRPLVLQH
NDWNñVñQñ Kñ]ODQGñUDFDßñQñ
YXUJXODGñ
7(û9ú. 6ú67(0ú
Y(Nú'(N 'h=(NL(N6úN
\HVL '¶QPH] 7¼UNL\HȃQLQ
\ñOñ KHGHʉHULQH XODğPD NDSVDPñQGD WHğYLN VLVWHPLQLQ \DWñUñPñ ¼UHWLPL
LKUDFDWñ YH LVWLKGDPñ DUWñUñS
LWKDODWñ D]DOWDUDN FDUL D§ñßñ
G¼ğ¼UPHVLQL \HUOL JLUGL
NXOODQPD\ñ FD]LS NñOPDVñQñ \DEDQFñ \DWñUñPODUGD
¶]HOOLNOH WHNQRORML LWKDODWñQñ
WHğYLN HWPHVLQL LOOHU DUDVñQGD UHNDEHW GHßLO WDPDPOD\ñFñOñN LOLğNLVLQL J¼§OHQ-
GLUPHVLQL WDğñPD XVXO¼Q¼
GHßLO ¼U¼Q¼Q \HULQGH GHßHU
ND]DQPDVñQñ VDßODPDVñQñ
UHNDEHW§L SL\DVD \DSñVñQñ NXUXPVDOODğWñUDUDN
HNRQRPLGHNL ULVN SULPLQL
D]DOWPDVñQñ EHNOHGLNOHULQL
LIDGH HWWL
ð]PLUȃGH VDQD\LQLQ
JHOLğPHVL G¶Q¼ğ¼P¼ VDßOD\DELOPHVL DGñQD ¶]HOOLNOH
%DNDQODUD KD]ñUODGñNODUñ
GRV\DODUGD WHğYLN VLVWHPLQLQ \HQLGHQ \DSñODQGñUñOPDVñQñ DU]HWWLNOHULQL ELOGLUHQ
'¶QPH] HQ D]ñQGDQ VñQñU
LOOHUGHNL 26%ȃOHULQ D\Qñ
RUDQ YH GHVWHNOHUGHQ ID\GDODQPDVñ 26% GñğñQGDNL VDQD\LQLQ 26%ȃOHUGH IDDOL\HWOHULQL GHYDP HWWLUPHVL L§LQ
WDğñQPD WHğYLßL YHULOPHVL
ð]PLU ¶]HOLQGH X\JXQ DODQODUGD N¼PHOHQPH\H \¶QHOLN
¶]HO WHğYLN ¶QOHPOHULQLQ
KD\DWD JH§LULOPHVL 7LUHȃGHGHPLğȃWH KD\YDQFñOñN YH
V¼W ¼U¼QOHUL $OLDßDȃGD NLP\D %D\ñQGñUȃGD §L§HN§LOLN
JLEL VHNW¶U YH LO§H ED]ñQGD
GHVWHNOHPH \DSñOPDVñ VDßOñN DODQñQGD LYPH NDW HGHQ
ð]PLU L§LQ EL\RPHGLNDOLQ
¶QFHOLNOL \DWñUñPODU NDSVDPñQD DOñQPDVñ NRQXODUñQD
DßñUOñN YHULOPHVLQL LVWHGLNOHULQL GLOH JHWLUGL
ù]PLU \NVHOHQ GHøHU
ROPD\D GHYDP HWPHOL
Où]PLUVHUEHVWûHKLUNDEXOHGLOHUHNOLPDQD\DNÖQOÖøÖ
YHSRWDQVL\HOLLOH$OLDøDE|OJHVLEXNDSVDPGD
GHøHUOHQGLULOPHOLVDøOÖNVHUEHVWE|OJHOHULLOHGH
PHYFXWSRWDQVL\HORUWD\DoÖNDUÖOPDOÖGÖU
Où]PLUùVWDQEXOYHù]PLU$QNDUDKÖ]OÖWUHQLOHRWR\RO
SURMHOHULELUDQHYYHOWDPDPODQPDOÖoDOÖûPDODUÖGHYDP
HGHQRWR\ROODUD$QWDO\DYHdDQDNNDOHGHHNOHQPHOLGLU
O'HPLU\ROODUÖQÖQ26%·OHULOHEDøODQWÖODUÖQÖQNXUXOPDVÖ
VDøODQPDOÖGÖU
O$OVDQFDN/LPDQÖQHVLOGHYJHPLOHUHDoÖOPDOÖ
GQ\DQÖQE\NOLPDQÖRODFDNdDQGDUOÖ/LPDQÖ
VUHVLQGHWDPDPODQPDOÖGÖU
Où]PLU·LQSRWDQVL\HOLQHUDøPHQ7UNL\HRUWDODPDVÖQÖQ
GD]HULQGHELULûVL]OLNRUDQÖLOHPFDGHOHHGHELOPHVL
LoLQWHûYLNVLVWHPLQLQ\HQLOHQPHVLKDNVÖ]UHNDEHWLQ
JLGHULOPHVLVDøODQPDOÖGÖU
O.UXYD]L\HUYH\HQL\DWOLPDQODUÖ\DSÖOPDOÖGÖU
O$UWDQWDOHSOHUNDUûÖVÖQGDED]Ö\XUWGÖûÖXoXûODUÖQ
ù]PLU·GHQ\DSÖOPDVÖù]PLULOH$QNDUDDUDVÖQGDNL
GLUHNWXoXûODUÖQVD\ÖVÖQÖQDUWWÖUÖOPDVÖLoLQJD\UHWVDUI
HGLOPHOLGLU
O.HQWVHOG|QûPSURMHOHULWDPDPODQPDOÖGÖU
Où]PLU·LQELOLûLPYDGLVLROPDSRWDQVL\HOL
GHøHUOHQGLULOPHOLGLU
Où]PLU·LQVDKLSROGXøX|]HOOLNOHMHRWHUPDOHQHUML
EDûWDROPDN]HUH\HQLOHQHELOLUHQHUMLND\QDNODUÖQGDQ
HQVWGHUHFHGH\DUDUODQÖOPDOÖMHRWHUPDOND\QDNODUÖQ
VDøOÖNWXUL]PLQGHGHøHUOHQGLULOPHVLQH\|QHOLNSURMHOHU
LoLQGHVWHNDUDQPDOÖGÖU
Où]PLU·LQ*ÖGD0HUNH]L·QHG|QûWUOPHVL
VDøODQPDOÖGÖU
EKù0 2015 23
KENT
6ANAYú ·IN
AYA. 6(6L(Rú
'¼Q\DQñQ EXJ¼Q 6DQD\L 'HYULPLȃQH JH§Lğ
V¼UHFLQL \DğDGñßñQñ QHVQHOHULQ LQWHUQHWL LOH DNñOOñ
HYOHU DNñOOñ IDEULNDODU DNñOOñ
NHQWOHULQ KD\DWD JH§LULOLS
' \D]ñFñODUOD RUJDQ QDNOLQH NDGDU GHQHPHOHU \DSñOGñßñQñ YXUJXOD\DQ 0XKVLQ
'¶QPH] Ȇ%L]OHU EX V¼UHFLQ
JHULVLQGH NDOñUVDN UHNDEHW
J¼F¼P¼]GH FLGGL ELU ND\ED
XßUD\DFDßñ] YH SD]DUGDNL
SD\ñPñ] KHU JH§HQ J¼Q
D]DODFDNWñU 2 QHGHQOHGLU NL
DUWñN HPHN \RßXQGDQ WHNQRORML \RßXQ ¼UHWLPH GRßUX
Kñ]OD \RO DOPDOñ\ñ] +HU LO
L§LQ NHQGL SRWDQVL\HOL GRßUXOWXVXQGD VDQD\L VWUDWHMLVL
ROXğWXUXOPDOñ YH FLGGL GHVWHNOHUOH WRS\HNXQ NDONñQPDQñQ ¶Q¼ D§ñOPDOñGñU $U-*H
YH LQRYDV\RQ SROLWLNDODUñ LOH
NDWPD GHßHUL DUWWñUDQ ¼UHWLP
SROLWLNDODUñQñQ L]OHQPHVL
¼UHWLPH GD\DOñ E¼\¼PH
PRGHOLQH ¶QHP YHULOPHVL
\DWñUñP RUWDPñQñQ WHğYLNOHUOH GHVWHNOHQHUHN L\LOHğWLULOPHVL JLEL UHIRUPODUOD VDQD\L
\ROXQGD GHSDU DWPDN
]RUXQGD\ñ]ȇ GHGL
'¶QPH] ¼ONH L§LQGH 7¼UNL\HȃQLQ $U-*H KDUFDPDODUñQD J¶UH VñUDGD
¼QLYHUVLWH YH VDQD\L LğELUOLßL
NDSVDPñQGD VñUDGD ROGXßXQD GLNNDW §HNHUNHQ EX
\¶QGHNL SROLWLNDODUñQ L\LOHğWLULOPHVL JHUHNWLßLQL V¶\OHGL
ð]PLUȃGHNL ¼QLYHUVLWHOHULQ
YH WHNQRORML JHOLğWLUPH E¶OJHOHULQLQ ʈUPDODU L§LQ ELU
ğDQV ROGXßXQX GLOH JHWLUHQ
'¶QPH] V¶]OHULQL ğ¶\OH
V¼UG¼UG¼
ȆE%62 RODUDN ¼QLYHUVLWH YH VDQD\L LğELUOLßLQL JHOLğWLUPH\H JD\UHW HGL\RUX]
<¼NVHN WHNQRORMLOL ¼UHWLP
L§LQ ¶QFH ELOJL DOW\DSñPñ]ñ
VDßODP NXUPDN ]RUXQGD\ñ]
24 EKù0 2015
%XJ¼Q KRFDODUñPñ]ñQ G¶QHU
VHUPD\HGHQ DOGñNODUñ SD\
\¼]GH ȃH §ñNDUñOPñğVD
2GDPñ]ñQ NDWNñVñ \DGVñQDPD] ĞLPGL GH ñVUDUOD
DNDGHPLV\HQOHULQ VDQD\LFLOHUOH RUWDN WH] §DOñğPDVñ
\DSPDVñ VDQD\LFLOHUH GH
§DOñğDQ VD\ñVñQD J¶UH EHOLUOHQHFHN VD\ñGD WH] §DOñğPDVñQñ GHVWHNOHPHVL KXVXVXQX
%DNDQñPñ]GDQ WDOHS HWWLN
¼QN¼ HßLWLP D\Dßñ HNVLN
ELU $U-*H YH LQRYDV\RQ
GHVWHßL \HWHUOL ID\GD\ñ
VDßOD\DPD\DFDNWñU .DWPD
GHßHUL \¼NVHN ¼U¼QOHU ¼UHWHUHN VDßOñNOñ YH V¼UG¼U¼OHELOLU E¼\¼PHQLQ P¼PN¼Q
RODFDßñ LQDQFñQGD\ñ]ȇ
3RO-(L(R
7A0A0LAN0ALI
0XKVLQ '¶QPH] ¶]HOOLNOH DOW\DSñ ELOLğLP HQHUML
YH XODğñP DODQñQGD \DSñPñ
GHYDP HGHQ §RN ¶QHPOL
SURMHOHULQ WDPDPODQPDVñQñQ
ð]PLUȃL DWDßD NDOGñUDFDN
¶QHPOL ELU IñUVDW ROXğWXUGXßXQX GD YXUJXODUNHQ
Ȇ7¼P ð]PLUOLOHULQ EXQODUñQ
WDNLS HWPHVL YH ]DPDQñQGD
WDPDPODQPDVñ \¶Q¼QGH
NDPXR\X EDVNñVñ \DUDWPDVñ
JHUHNL\RU ð]PLU-ðVWDQEXO
2WR\ROX ð]PLU-$QNDUD
<+7 $OVDQFDN /LPDQñ
YH DQGDUOñ /LPDQñ EDğWD
ROPDN ¼]HUH XODğñP SURMHOHUL\OH JHOLğHFHN ORMLVWLN Dß
VDGHFH ð]PLUȃH GHßLO EJH
%¶OJHVLȃQH GH WDOHSOHUL DUWñ-
UDFDNWñU ð]PLU 7¼UNL\HȃQLQ
KHGHʉHULQH XODğPDVñQGD HQ
E¼\¼N ND\QDN NHQWOHUGHQ
ELULGLU 9H EX ND\QDN HWNLQ
NXOODQñOPDOñ W¼P SRWDQVL\HOLQL D§ñßD §ñNDUDFDN GHVWHNOHU VDßODQPDOñ SURMHOHU
ELU DQ ¶QFH KD\DWD JH§LULOPHOLGLUȇ GL\H NRQXğWX
ú=0úR )AR.I
ð]PLU %¼\¼NğHKLU
%HOHGL\HVL *HQHO 6HNUHWHU
<DUGñPFñVñ 'U %XßUD *¶N§H X\JXODGñNODUñ PRGHOLQ
JD\ULPHQNXO RGDNOñ NHQWVHO
JHOLğPH ¼]HULQH GHßLO NñUVDO
DODQGD NDONñQPD ¼]HULQH
ROGXßXQX V¶\OHGL .RRSHUDWLʉHU DUDFñOñßñ\OD ¼UHWLFLGHQ
GLUHNW DOñPODUñQ \DQñVñUD
NHQW PHUNH]LQGH GH XODğñP
DßñQD \DSñODQ \DWñUñPODUOD
)XDU ð]PLUȃL ¶UQHN J¶VWHUHQ
*¶N§H Ȇ7¼P SURMHOHULPL]L
NDWñOñPFñ \¶QWHPOH JHU§HNOHğWLUL\RUX]ȇ GHGL
ð]PLUȃGH NHQWVHO G¶Q¼ğ¼P¼Q GLßHU ğHKLUOHUGHNL
KDNLP G¶Q¼ğ¼P V¼UH§OHULQGHQ GH IDUNOñ LğOHGLßLQLQ
DOWñQñ §L]HQ *¶N§H Ȇ.HQWVHO
G¶Q¼ğ¼PGH J¶NWHQ ¼§ HOPD
G¼ğ¼\RU %LUL KDN VDKLELQLQ
ELUL P¼WHDKKLGLQ ELUL EHOHGL\HQLQ ð]PLU %¼\¼NğHKLU
%HOHGL\HVL ¼§¼QF¼ HOPDQñQ
R \¶UHGH \DğD\DQ LQVDQODUD
NDOPDVñ L§LQ §DED KDUFñ\RU 0¼]DNHUH ND\QDNOñ
JHFLNPHOHU ROX\RU DPD
NLPVH \HULQGHQ \XUGXQGDQ
HGLOPL\RUȇ GL\H NRQXğWX
.(N'ú0ú= YA3IYOR8=
7$5.E0 <¶QHWLP
.XUXOX %DğNDQ 9HNLOL 8ßXU
<¼FH ð]PLUȃLQ NDONñQPDVñQD GHVWHN ROPDN L§LQ YH
ð]PLU VHYJLVL\OH EDğODWWñNODUñ .HPHUDOWñ ROXğXPXQX DQODWñUNHQ ğX ELOJLOHUL YHUGL
Ȇð]PLUȃLQ §HYUHVLQGH
§RN J¼]HO ELU WDULKL KD]LQH
YDU ð]PLUȃLQ L§LQGH GH YDU
.HQW L§LQGHNL WDULKL DODQñQ
WLFDUHW N¼OW¼U¼\OH GH HOH
DOñQPDVñ L§LQ ğLUNHW NXUGN
KHNWDUOñN DODQñ WHNUDU
D\DßD NDOGñUñUVDN ð]PLUȃL
\HQLGHQ FD]LEH PHUNH]L
KDOLQH JHWLUHELOLUL] GL\H
G¼ğ¼Q¼\RUX] .¼OW¼U YH
7XUL]P %DNDQOñßñ $UDğWñUPD YH EßLWLP 0¼G¼UO¼ß¼
'¶QHP EßLWLP 7H]OHULQL
\D\ñQODGñ WH]LQ L§LQGH
ELU WDQH ð]PLU NHQWL \RN
'HYOHWWHQ EX NRQXGD SHN
ELUğH\ EHNOHPH YH ¼PLW
HWPH ğDQVñPñ] \RN 1H \DSDFDNVDN NHQGLPL] \DSDFDßñ] YH NHQGL LPNDQODUñPñ]OD
\DSDFDßñ]ȇ GHGL
'¼Q\D JD]HWHVL \D]DUñ
$OL ENEHU <ñOGñUñP GD
ð]PLUȃLQ WDUñPñQ EDğNHQWL
ROGXßXQX YXUJXODUNHQ
ğXQODUñ V¶\OHGL Ȇ7¼UNL\HȃGH
HWLQ YH V¼W¼Q \¼]GH ȃX
ð]PLUȃGH ¼UHWLOL\RU ELQ
ND\ñWOñ §LIW§L WDUñPVDO NRRSHUDWLI YDU ð]PLU
WDUñPñQGDNL ¶UJ¼WOHQPH YH
\HUHOGH NDONñQPD PRGHOL
GLßHU NHQWOHUH GH ¶UQHN
RODFDN QLWHOLNWHȇ
KENT
ù]PLUùVWDQEXO 2WR\ROX \DUÖODGÖ
ð
VWDQEXO LOH ð]PLU
DUDVñQGD XODğñPñQ V¼UHVL
VDDWH G¼ğ¼UHFHN
NLORPHWUH RWR\RO YH
NLORPHWUH EDßODQWñ
\ROX ROPDN ¼]HUH WRSODP
NLORPHWUHGHQ ROXğDQ
ðVWDQEXO- ð]PLU 2WR\ROX
3URMHVLȃQLQ \¼]GH ȃLQLQ
WDPDPODQGñßñ ELOGLULOGL
*HE]HȃGHQ EDğOD\ñS
ð]PLU HYUH\ROX
¼]HULQGHNL $QDGROX
/LVHVL .DYğDßñȃQGD VRQ
EXODFDN RODQ SURMHGH ð]PLU
VñQñUODUñQGDNL W¼P VDKDODUGD
§DOñğPDODU Kñ]OD GHYDP
HGL\RU 2WR\ROXQ J¼]HUJDKñ
GD DUWñN RUWD\D §ñNPD\D
EDğODGñ 7RSODPGD ELQ
PHWUH X]XQOXßXQGDNL
%HONDKYH 7¼QHOLȃQGH ND]ñ
§DOñğPDODUñ WDPDPODQñUNHQ
ELU V¼UH ¶QFH QLKDL
NDSODPD EHWRQX DWñOPD\D
EDğODQGñ ELQ PHWUH
X]XQOXßXQGDNL %RUQRYD
9L\DG¼ß¼ȃQ¼Q D\DßñQñQ
\DSñPñ WDPDPODQGñ
WDEOL\HOHUL \HUOHğWLULOPH\H
EDğODQGñ 2WR\RO
J¼]HUJDKñQGD EXOXQDQ
.HPDOSDğD %DßODQWñ
<ROXȃQXQ LVH NñVD V¼UH VRQUD
D§ñOPDVñQñQ SODQODQGñßñ
ELOGLULOGL
2
6 EEK
26
EKù0
Kùù0
0 22015
00115
úL. ¶A.ILLI· O7OYOL
ðVWDQEXO-ð]PLU 2WR\ROX
7¼UNL\HȃQLQ LON DNñOOñ
RWR\ROX RODFDN YH \RO
ER\XQFD D§ñODFDN WHVLVOHUGH
ELU §RN \DğDP DODQñQD GD HY
VDKLSOLßL \DSDFDN 2WR\RO
WHVLVOHUL JHQLğ ELU \HOSD]HGH
KHU JHOLU JUXEXQD KLWDS
HGHFHN 7DQñQPñğ UHVWRUDQ
PDUNHW YH KD]ñUJL\LP
PDUNDODUñQñQ \DQñVñUD
7¼UNL\Hȃ\H KHQ¼] JLUPHPLğ
PDUNDODU GD EX J¼]HUJDKWD
J¶U¼OHFHN <ROGD VH\DKDW
HGHQ DUD§ VDKLSOHUL
GLQOHQPH DODQODUñQGDNL
IñUVDWODU YH LQGLULPOHU
KDNNñQGD ELOJL DODFDN
UHVWRUDQODUGD ¶QFHGHQ
UH]HUYDV\RQ \DSWñUDELOHFHN
]HO UDG\R LVWDV\RQX DFLO
GXUXPODUGD XODğñODELOHFHN
DUD§ EDNñP KL]PHWLQH NDGDU
KHU GHWD\ EXOXQDFDN
(.ONO0ú. (7.ú
ANALú=ú AdI.LAN'I
%XUVD EVNLğHKLU
%LOHFLN .DONñQPD $MDQVñ
%E%.$ ¼ONHPL]LQ HQ
E¼\¼N XODğñP \DWñUñPODUñ
DUDVñQGD \HU DODQ ðVWDQEXOð]PLU RWR\ROXQXQ LQğDVñQñQ
WDPDPODQDFDßñ ¶QJ¶U¼OHQ
\ñOñ LOH KHGHI \ñO
ù]PLULOHùVWDQEXO
DUDVÖQGDNLXODûÖPÖ
VDDWHGûUHFHNRWR\ROXQ\DUÖVÖ
WDPDPODQÖUNHQ
JHoWLøLJ]HUJDKWD
RWRPRWLYWHNVWLOYH
WXUL]PVHNW|UOHULQGHUHWNHQOLNDUWÖûÖ
\DUDWDUDNHNRQRPLN
JHOLûPH\HGHNDWNÖ
VDøOD\DFDøÖYXUJXODQGÖ
RODUDN EHOLUOHQHQ \ñOñ
DUDVñQñ NDSVD\DQ HNRQRPLN
HWNL DQDOL]L §DOñğPDVñQñ
WDPDPODGñ 2WR\RO
LQğDDWñQñQ XOXVDO HNRQRPLGH
RUWD\D §ñNDUDFDßñ HWNLOHU
YH RWR\ROXQ NXOODQñPD
D§ñOPDVñ LOH E¶OJH
HNRQRPLVLQGH YH E¶OJH
L§LQ NLOLW VHNW¶UOHU RODQ
RWRPRWLY WHNVWLO YH WXUL]P
VHNW¶UOHULQGH RUWD\D
§ñNDELOHFHN HNRQRPLN
HWNLOHUL LQFHOHQGL
$QDOL] VRQX§ODUñ\OD
LOJLOL %E%.$ȃGDQ \DSñODQ
D§ñNODPDGD Ȇ7¼UNL\H
HNRQRPLVLQGH ¼UHWLOHQ
NDWPD GHßHULQ \DUñVñQGDQ
ID]ODVñQñQ HOGH HGLOGLßL
EX FRßUDI\DGD ¶QHPOL
ELU EDßODQWñ NRULGRUX
ROXğWXUDFDN EX RWR\ROXQ
EXOXQGXßX J¼]HUJDK
¼]HULQGHNL PHVDIHOHUL YH
XODğñP V¼UHOHULQL ¶QHPOL
¶O§¼GH NñVDOWñUNHQ E¶OJHGH
¼UHWNHQOLN DUWñğñQD YH
HNRQRPLN JHOLğPH\H NDWNñ
VDßODPDVñ EHNOHQPHNWHGLUȇ
GHQLOGL
hR(7ú0 9(
ú67ú+'A0 AR7ACA.
5DSRU NDSVDPñQGD
\DSñODQ DUDğWñUPD YH
DQDOL]OHUGH RWR\ROXQ
KL]PHWH D§ñOPDVñ LOH
- \ñOODUñ
DUDVñQGD RWR\ROXQ E¶OJH
HNRQRPLVLQH \ñOOñN RUWDODPD
PLO\DU 7/ ¼UHWLPH GH PLO\DU 7/ NDWNñ \DSDFDßñ
EX VD\HGH ELQ NLğL\H LVWLKGDP VDßODQDFDßñ
WDKPLQ HGLOGLßL EHOLUWLOGL
%E%.$ȃQñQ DQDOL]L ğ¶\OH
Ȇ6HNW¶UHO RODUDN
LQFHOHQGLßLQGH E¶OJH
JHQHOLQGH ¶QHPOL ELU
LVWLKGDP YH NDWPD GHßHU
VDKLEL RODQ RWRPRWLY
KENT
VHNW¶U¼Q¼Q -
\ñOODUñ DUDVñQGD E¶OJH
L§LQGH \ñOOñN RUWDODPD
\¼]GH VHYL\HVLQGH LODYH
ELU E¼\¼PH ND\GHGHFHßL
WDKPLQ HGLOPHNWHGLU %X
E¼\¼PH \ñOOñN ELQ NDGDU
PRWRUOX DUDFñQ ¼UHWLPL
DQODPñQD JHOPHNWHGLU
%HQ]HU ELU GXUXP LQFHOHQHQ
GLßHU ELU VHNW¶U RODQ
WHNVWLO L§LQ GH JH§HUOLGLU
2WR\ROXQ KL]PHWH D§ñOPDVñ
LOH ELUOLNWH \ñOñQD
NDGDU WHNVWLO VHNW¶U¼QGH
\ñOOñN RUWDODPD PLO\RQ
7/ LODYH HNRQRPLN KDVñOD
YH VHNW¶UGH NLğL
FLYDUñQGD ELU LVWLKGDP DUWñğñ
VDßODQPDVñ EHNOHQPHNWHGLU
$\UñFD \LQH WHNVWLO
VHNW¶U¼QGHNL E¼\¼PH\H
SDUDOHO RODUDN VHNW¶U¼Q
WHGDULN ]LQFLULQGH GH ELQ
NLğL GROD\ñQGD LVWLKGDP
DUWñğñ ¶QJ¶U¼OPHNWHGLU
%¶OJHPL] D§ñVñQGDQ GLßHU
ELU NULWLN VHNW¶U RODQ WXUL]P
VHNW¶U¼Q¼Q RWR\ROXQ
NDWNñVñ LOH ELUOLNWH \ñOOñN
RUWDODPD ELQ LODYH \HUOL
YH \DEDQFñ ]L\DUHW§L LOH
GHVWHNOHQHFHßL VHNW¶UGH ELQ
NLğLOLN LODYH LVWLKGDP
DUWñğñ WXUL]P VHNW¶U¼QGHNL
E¼\¼PH\H SDUDOHO RODUDN
VHNW¶U¼Q WHGDULN ]LQFLULQGH
GH ELQ NLğL LODYH
LVWLKGDP RODELOHFHßL
¶QJ¶U¼OPHNWHGLUȇ
27
EKù0
EEK
Kù0
Kù0
ù0 22015
015 27
01
ENER-ù
EQHUML U]JDUÖ DUNDVÖQD DOPDOÖ
7
002% EOHNWULN
0¼KHQGLVOHUL
2GDVñ YH 0DNLQD
0¼KHQGLVOHUL 2GDVñ
ð]PLU ĞXEHOHULQLQ ELUOLNWH
G¼]HQOHGLßL ð]PLU 5¼]J¢U
6HPSR]\XPX YH 6HUJLVL
002 7HSHNXOH .RQJUH YH
6HUJL 0HUNH]LȃQGH E¼\¼N
ELU LOJL LOH JHU§HNOHğWL §
J¼Q V¼UHQ VHPSR]\XPGD
EJH %¶OJHVLȃQLQ U¼]J¢U
HQHUMLVL SRWDQVL\HOLQLQ
GHßHUOHQGLULOGLßL LğOHWPH
GHQH\LPOHULQLQ SD\ODğñOGñßñ
EX DODQGDNL \HQL
WHNQRORMLOHULQ VXQXOGXßX
U¼]JDU HQHUMLVL ¼UHWLPLQLQ
WRSOXPVDO YH HNRORMLN
HWNLOHULQLQ WDUWñğñOGñßñ
RWXUXPODUGD VXQXP YH
ELOGLUL VXQXPX \DSñOGñ
LOH \HQLOHQHELOLU HQHUML
¼UHWLPLQGH NXOODQñODFDN
PDNLQH YH HNLSPDQODUñQ
¼UHWLP ¼VV¼ ROPD KHGHʈQH
LOHUOH\HQ %HUJDPD 2UJDQL]H
6DQD\L %¶OJHVLȃQLQ GH
GHVWHNOHGLßL VHPSR]\XPXQ
D§ñOñğñQGD E%62ȃ\X
<¶QHWLP .XUXOX 6D\PDQ
\HVL EQHUML YH EQHUML
9HULPOLOLßL DOñğPD
*UXEX %DğNDQñ +¼VH\LQ
9DWDQVHYHU WHPVLO HWWL
7002% 0DNLQD
0¼KHQGLVOHUL 2GDVñ ð]PLU
28 EKù0 2015
ĞXEHVL <¶QHWLP .XUXOX
%DğNDQñ *¼QL] *DFDQHU
EUPLQ G¼Q\DQñQ KHU J¼Q
DUWDQ ELU EL§LPGH HNRORMLN \ñNñP WHKGLGL LOH NDUğñ
NDUğñ\D ROGXßXQX EHOLUWHUHN
ȆONHPL]LQ FLGGL ER\XWODUD
YDUDQ \HQLOHQHELOLU HQHUML
ND\QDßñ SRWDQVL\HOL EXOXQPDNOD ELUOLNWH EX SRWDQVL\HOLQ HOHNWULN ¼UHWLPLQGHNL
SD\ñQñQ DUWñUñOPDVñ JHUHNPHNWHGLU %¶\OHOLNOH ELU
WDUDIWDQ GñğD EDßñPOñOñßñPñ]
D]DOWñOñS \HUOL ¼UHWLPLPL]
(OHNWULNLOH0DNLQH
0KHQGLVOHUL2GDODUÖWDUDIÖQGDQG]HQOHQHQYH(%62·QXQ
GDGHVWHNOHGLøL
ù]PLU5]JDU
6HPSR]\XPX·QGD
E|OJHQLQSRWDQVL\HOLWP\|QOHUL\OH
GHøHUOHQGLULOGL
DUWWñUñOñUNHQ GLßHU WDUDIWDQ
LVWLKGDPD NDWNñ VDßODQDELOHFHNWLUȇ GHGL
E02 ð]PLU ĞXEHVL
0DKLU 8OXWDğ GD U¼]J¢U
HQHUMLVL ¼UHWLPLQLQ \ñOñQñQ LON D\ñ LWLEDUL\OH
\¼]GH RUDQñQGD DUWWñßñQD
GLNNDW §HNWL 8OXWDğ EX
DOQGD $U-*H §DOñğPDODUñQñQ
¶QHPLQH GHßLQHUHN Ȇ%XJ¼Q
LWKDO ND\QDNODUD GD\DOñ VDQWUDOODUGD ROGXßX JLEL \HUOL
YH \HQLOHQHELOLU ND\QDNODU-
ENER-ù
GD NXOODQñODQ HNLSPDQODU
NRQXVXQGD GD \RßXQ GñğD
EDßñPOñOñN V¶] NRQXVXGXU
ONHPL]GH HQHUML \DWñUñPODUñQñQ §RN N¼§¼N ELU NñVPñ
$U-*H §DOñğPDODUñQD D\UñOPDNWDGñU 'LßHU DODQODUGDNL
JHUL NDOPñğOñN ELU \DQD
U¼]J¢U YH J¼QHğ HQHUMLVL
NRQXVXQGD FLGGL $U-*H §DOñğPDODUñQD EDğODQPDVñ L§LQ
]DPDQ ND\EHGLOPHPHOLGLUȇ
GL\H NRQXğWX
E02 <¶QHWLP .XUXOX
%DğNDQñ +¼VH\LQ <HğLO LVH
U¼]J¢U HQHUMLVL \DWñUñPODUñ
NRQXVXQGD NDPX SD\ñQñQ
DUWPDVñ JHUHNOLOLßLQH GLNNDW
§HNWL
7h0 YgNL(RúYL(
7AR7IûIL'I
6HPSR]\XP NDSVDPñQGD VHNW¶U¼Q GHQH\LPOHULQL
SD\ODğWñßñ RWXUXPGD
Ȇ5¼]J¢U 6DQWUDOOHULQLQ
*HOLğWLULOPHVLȇ Ȇ5¼]J¢U
O§¼P 7HNQRORMLOHULȇ
ðğOHWPHVLȇ Ȇ<HUOL 5¼]J¢U
EQG¼VWULVLȇ Ȇ5¼]J¢U EQHUML
6DQWUDOOHUL 3URMHOHQGLUPH
YH ðQğD 6¼UH§OHULȇ Ȇ/LVDQVVñ] EOHNWULN UHWLPLȇ YHȇ
5¼]J¢U 7¼UELQ 7HNQRORMLOHULȇ DQD EDğOñNODUñQGD VXQXP JHU§HNOHğWLULOGL %X
VXQXPODUGDQ ¼§¼ \DEDQFñ
NRQXNODU WDUDIñQGDQ VXQXOGX 3DUDOHO RODUDN G¼]HQOHQHQ LNL DNDGHPLN RWXUXPGD
LVH ELOGLUL DNDGHPLN
NDWñOñPFñODU WDUDIñQGDQ
VXQXOGX
6HPSR]\XPGD U¼]J¢U
HQHUMLVL NRQXVXQXQ LOJLOL
NXUXPODUFD GHßHUOHQGLULOGLßL LNL SDQHO JHU§HNOHğWLULOGL
6RV\DO YH HYUHVHO EWNLOHULȇ NRQXQXQ VRV\DO WDUDʉDUñ
7¼UNL\H 5¼]J¢U EQHUMLVL
%LUOLßL 7002% HYUH
0¼KHQGLVOHUL 2GDVñ ð]PLU
ĞXEHVL HYUH YH ENRORML
+DUHNHWL $YXNDWODUñ YH .DUDEXUXQ .HQW .RQVH\L WHPVLOFLOHUL WDUDIñQGDQ PDVD\D
\DWñUñOGñ Ȇ5¼]J¢U EQHUMLVL
0HY]XDWñ YH <DWñUñPODUD EWNLVLȇ SDQHOLQGH LVH 2UPDQ
YH 6X ðğOHUL %DNDQOñßñ 0HWHRURORML *HQHO 0¼G¼UO¼ß¼
7¼UNL\H EOHNWULN ðOHWLP $Ğ
YH 7¼UNL\H 5¼]J¢U EQHUMLVL
%LUOLßLȃQLQ WHPVLOFLOHUL \DVDO
G¼]HQOHPHOHULQ QDVñO \DSñOPDVñ JHUHNWLßL NRQXVXQGD
J¶U¼ğOHULQL SD\ODğWñ
§ñQ YH UHVLP ¶ßUHWPHQL *¼OHU ßU¼N LNLQFLOLN 0E9
.ROHML ]HO 2UWDRNXOXȃQGDQ
1HKLU .D\DDOS YH UHVLP
¶ßUHWPHQL 1HğH $\GñQDOS
¼§¼QF¼O¼N YH \LQH +DVDQ
$OL <¼FHO 2UWDRNXOXȃQGDQ
2\D 1D] <DYX] YH UHVLP
¶ßUHWPHQL <HOL] ]RßOX
PDQVL\RQ ¶G¼O¼ DOGñ
A)(RúN dOC8.LAR
ð]PLU 5¼]J¢U 6HPSR]\XPX YH 6HUJLVL NDSVDPñQGD .LQWHFK EQJLQHHULQJ
ʈUPDVñQñQ GHVWHNOHUL\OH
G¼]HQOHQHQ Ȇ7HPL] %LU
'¼Q\D ð§LQ <HQLOHQHELOLU
EQHUMLȇ NRQXOX 2UWDRNXO
ßUHQFLOHUL $UDVñ 5HVLP
<DUñğPDVñȃQGD GHUHFH\H
JLUHQ HVHUOHU GH ¶G¼OOHQGLULOGL
+DVDQ $OL <¼FHO
2UWDRNXOXȃQGDQ %¼ğUD
'DPRßOX YH UHVLP ¶ßUHWPHQL 1HğH $\GñQDOS
ELULQFLOLN 1HFPL\H %LOJLQ
2UWDRNXOXȃQGDQ &H\GD <DO-
hdhNChLh. g'hLh
%úRúNCúLú. g'hLh
ú.úNCúLú. g'hLh
0AN6úYON g'hLh
EKù0 2015 29
ENER-ù
EQHUML IDWXUDVÖ 21 PLO\DU D]DODFDN
7
¼UNL\HȃQLQ HQHUML
LWKDODWñQñQ ȃGD
SHWURO ʈ\DWODUñQGDNL
G¼ğ¼ğ¼Q HWNLVL\OH JH§HQ
\ñO EHOLUOHQHQ WDKPLQOHULQ
\DNODğñN PLO\DU GRODU
DOWñQGD JHU§HNOHğPHVL
EHNOHQL\RU
- \ñOODUñQñ
NDSVD\DQ 2UWD 9DGHOL
3URJUDP 293 YHULOHULQH
J¶UH 7¼UNL\H JH§HQ \ñO
PLO\DU GRODUOñN HQHUML
LWKDODWñQGD EXOXQGX *H§HQ
\ñO \D\ñPODQDQ 293ȃGH
EX \ñO L§LQ ¶QJ¶U¼OHQ PLO\DU GRODUOñN HQHUML
LWKDODWñ \HQL 293ȃGH PLO\DU GRODUD §HNLOLUNHQ
JHOHFHN \ñO L§LQ PLO\DU
RODUDN EHOLUOHQHQ LWKDODW
EHNOHQWLVL PLO\DU GRODU
RODUDN UHYL]H HGLOGL %XQD
J¶UH 7¼UNL\HȃQLQ JHOHFHN
\ñO HQHUML IDWXUDVñQñQ PLO\DU GRODU G¼ğPHVL ¶QJ¶U¼O¼\RU
30 EKù0 2015
3URJUDPGD SHWURO
ʈ\DWODUñQñQ \DWD\ KDUHNHW
HGHFHßL YDUVD\ñODUDN G¶YL]
NXUODUñQGDNL JHOLğPHOHUH
EDßOñ RODUDN \ñOñQGD
PLO\DU GRODUOñN \ñOñQGD GD PLO\DU
GRODUOñN LWKDODW ¶QJ¶U¼V¼QGH EXOXQXOGX %LU ¶QFHNL
293ȃGH L§LQ LWKDODW
WDKPLQL PLO\DU GRODU
G¼]H\LQGH\GL %XQD J¶UH
JHOHFHN \ñOGD 7¼UNL\HȃQLQ
HQHUML LWKDODWñ L§LQ PLO\DU GRODUOñN ¶GHPH \DSPDVñ EHNOHQL\RU
3(7ROL )úYA7LARIN'A
'hûhû 6hR(C(.
3URJUDPD J¶UH YDULO
EDğñQD JH§HQ \ñO GRODU
RODQ EUHQW WLSL KDP SHWURO
ʈ\DWODUñQñQ GD EX \ñO VRQX
GRODU ROPDVñ EHNOHQL\RU +DP SHWURO ʈ\DWñQñQ
ȃGD GRODU \ñOñQGD GRODU RODFDßñ
EX UDNDPñQ ȃGH LVH
GRODUD JHULOHFHßL WDKPLQ HGLOL\RU
293·GH
7UNL\H·QLQEX\ÖO
LoLQ|QJ|UOHQ
PLO\DU
GRODUOÖNHQHUML
LWKDODWÖ
PLO\DUGRODUD
UHYL]HHGLOLUNHQ
JHOHFHN\ÖONL
EHNOHQWL
PLO\DU
GRODUGDQ
PLO\DUGRODUD
oHNLOGL(QHUML
LWKDODWÖQGDNL
GûûGLøHU
VHNW|UOHUH
GHROXPOX
\DQVÖ\DFDN
ú7+ALA7A 9( CARú
AdIøA OL80L8
YANSIYACAK
EQHUMLGH \¼]GH G¼]H\LQGH GñğD EDßñPOñ RODQ
7¼UNL\HȃQLQ EX NDOHPGHNL
LWKDODW G¼ğ¼ğ¼ 7¼UNL\HȃQLQ
WRSODP LWKDODWñQD GROD\ñVñ\OD GD FDUL D§ñßD ROXPOX
\DQVñ\DFDN
QFHNL 293ȃ\H J¶UH
EX \ñO L§LQ PLO\DU GRODU
RODUDN ¶QJ¶U¼OHQ LWKDODW
PLO\DU GRODUD \ñOñ L§LQ PLO\DU GRODUGDQ PLO\DU GRODUD §HNLOGL ðWKDODW EHNOHQWLOHULQGH
\ñOñ L§LQ PLO\DU
GRODUGDQ PLO\DU
GRODUD G¼ğ¼ğ J¶U¼O¼UNHQ
SURJUDP G¶QHPL VRQX RODQ
ȃGH GH PLO\DU
GRODUOñN LWKDODW EHNOHQL\RU
GhNDE0
+%8) 83
03+-78-'7
.DVÕP
ĈVWDQEXO
ZZZORJLWUDQVFRPWU
8OXVODUDUDVÕ
7UDQVSRUW/RMLVWLN)XDUÕ
2UJDQL]DV\RQ(.200,)XDUFÕOÕN/WGĉWL
EKù0 2015 31
%8)8$56$<,/,.$181*(5(ãä1&(72%%7h5.ä<(2'$/$59(%256$/$5%ä5/äãä'(1(7ä0ä1'('h=(1/(10(.7('ä5
HABER

ENRQRPL YH KXNXN KHS
ELUOLNWH YDU ROGX
]HO +XNXN YH &H]D
+XNXNX LOH ðGDUL
8\XğPD]OñNODU
HU§HYHVLQGH $OWHUQDWLI
8\XğPD]OñN ¶]¼P
<¶QWHPOHUL 6HPSR]\XPX
72%% $GDOHW %DNDQOñßñ
'DQñğWD\ YH <DUJñWD\
LğELUOLßLQGH $QWDO\DȃGD
JHU§HNOHğWLULOGL
+XNXN§XODU DNDGHPLV\HQOHU YH EDNDQOñNODUOD
LOJLOL NXUXPODUñQ
WHPVLOFLOHUL WDUDIñQGDQ $GOL
<DUJñ EDğOñßñQGD WLFDUL
GDYDODU NDPXQXQ WDUDI
ROGXßX X\XğPD]OñNODU Lğ
X\XğPD]OñNODUñ VRV\DO
J¼YHQOLN X\XğPD]OñNODUñ
N¼§¼N DODFDNODU FH]D
KXNXNX DLOH KXNXNX
W¼NHWLFL KXNXNXQGD
DOWHUQDWLI X\XğPD]OñN
§¶]¼P \¶QWHPOHUL
HOH DOñQGñ ðGDUL <DUJñ
E¶O¼P¼QGHNL NRQX
EDğOñNODUñ LVH GDKLOL
YHUJLOHU J¼PU¼N YHUJLOHUL
WD]PLQDW GDYDODUñ LPDU
NDPXODğWñUPD YH NDPX
WDğñQPD]ODUñ LGDUL
\DSWñUñPODUGDQ ND\QDNODQDQ
32 EKù0 2015
GDYDODUGD ¼VW NXUXOODUGDNL
DOWHUQDWLYH X\XğPD]OñN
§¶]¼P \¶QWHPOHUL ROGX
'¶UW J¼Q V¼UHQ VHPSR]\XPD EJH %¶OJHVL 6DQD\L
2GDVñ <¶QHWLP .XUXOX
%DğNDQñ EQGHU <RUJDQFñODU
GD NDWñOGñ <RUJDQFñODU VHPSR]\XP V¼UHFLQGH <DUJñWD\
&XPKXUL\HW %DğVDYFñVñ
0HKPHW $NDUFD LOH ELUDUD\D
JHOLUNHQ RWXUXPODUD NDWñODUDN VRQ JHOLğPHOHU KDNNñQGD
ELOJL HGLQGL
+DWñUODQDFDßñ JLEL
E%62 GD DUDEXOXFXOXN
NXUXPXQXQ UHVPL\HWH
NDYXğPDVñQGDQ EX \DQD
72%% $GDOHW %DNDQOñßñ
YH $UDEXOXFXOXN 'HUQHßL
LOH RUWDNODğD VHPLQHUOHU G¼]HQOH\HUHN Lğ G¼Q\DVñQGDNL
DQODğPD]OñNODUñQ PDKNHPHOHUH JLGLOPHGHQ X]ODğPD
LOH §¶]¼OPHVL NRQXVXQGD
VDQD\LFLOHUL ELOJLOHQGLULFL
URO R\QDPñğWñ
KhL7hRh0h='(
úNANCI0I='A 9AR
$GDOHW %DNDQñ .HQDQ
ðSHN 'DQñğWD\ %DğNDQñ
KHQDQ ùSHN
=HUULQ GQJ|U
7UNL\H·GHDQODûPD]OÖNODUÖQVDGHFH
PDKNHPHOHU\ROX\OD
GHøLOX]ODûPD\ODo|]POHQPHVLLoLQ\DVDOG]HQOHPH\HNDYXûWXUXODQDOWHUQDWLI
o|]P\|QWHPOHUL
72%%$GDOHW%DNDQOÖøÖ'DQÖûWD\YH
<DUJÖWD\LûELUOLøLQGH
$QWDO\D·GDJHUoHNOHûWLULOHQVHPSR]\XPGDHOHDOÖQGÖ
ùVPDLO RûW &LULW
=HUULQ *¼QJ¶U YH <DUJñWD\
%LULQFL %DğNDQñ ðVPDLO
5¼ğW¼ &LULWȃLQ GH NDWñOGñßñ
VHPSR]\XPXQ D§ñOñğ RWXUXPXQGD NRQXğDQ 72%% %DğNDQñ 5LIDW +LVDUFñNOñRßOX
JHOLğPLğ ¼ONHOHULQ EXJ¼QN¼
VHYL\HOHUH XODğPDODUñQGD
KXNXN GHYOHWL NDYUDPñQD
VDKLS §ñNPDODUñQñQ SD\ñQñQ
E¼\¼N ROGXßXQX V¶\OHGL
7¼UN WRSOXPXQXQ JH§PLğLQGH EHQ]HU WHFU¼EHOHUH
VDKLS ROGXßXQX YXUJXOD\DQ
+LVDUFñNOñRßOX Ȇ)DWLK .DQXQQDPHVL 2VPDQOñȃQñQ LON
$QD\DVDVñ RODUDN E¶OJHVHO
ELU NUDOOñNWDQ LPSDUDWRUOXßD
JH§LğLQ DOW\DSñVñQñ KD]ñUODPñğWñU 6RQUDVñQGD 6XOWDQ
6¼OH\PDQȃD Ȃ.DQXQLȃ VñIDWñ-
HABER
Qñ ND]DQGñUDQ NDQXQQDPHOHUL 2VPDQOñȃQñQ ELU FLKDQ
GHYOHWLQH G¶Q¼ğPHVLQL VDßODGñ <LQH EL]LP N¼OW¼U¼P¼]H LQDQFñPñ]D EDNñ\RUX]
0¼ON¼Q WHPHOLQGH $GDOHWLQ
ROGXßXQX J¶U¼\RUX] 2
\¼]GHQ GH DGDOHW WHUD]LVLQLQ
GHQJHVLQL NRUXPD\D PHFEXUX] RN EHßHQGLßLP ELU
V¶] YDU Ȃ$GDOHW NXWXS \ñOGñ]ñ JLELGLU <HULQGH GXUXU
YH JHUL NDODQ KHU ğH\ RQXQ
HWUDIñQGD G¶QHUȇ ğHNOLQGH
NRQXğWX
7HPHQQLOHULQLQ YH HQ
E¼\¼N DU]XODUñQñQ KXNXNXQ HQ L\L ğHNLOGH LğOHPHVL
ROGXßXQX EHOLUWHQ +LVDUFñNOñRßOX Ȇ7RSOXPODUñQ
RUWD\D §ñNñğñQGDQ LWLEDUHQ
HNRQRPL YH KXNXN KHS
ELUOLNWH YDU ROPXğ ELUELULQL
WDPDPODPñğWñU ð\L LğOH\HQ ELU KXNXN VLVWHPLQLQ
ROPDGñßñ \HUGH ELUH\OHULQ
ELUELUOHULQH YH NXUXPODUD
NDUğñ J¼YHQLQGHQ V¶] HGHPH\L] %¶\OH ELU RUWDPGD
KX]XU \RNWXU YH WDELL NL
VDßODP ELU HNRQRPLGHQ GH
V¶] HGLOHPH] %X QHGHQOH
KX]XUXPX] YH J¼YHQLPL]
L§LQ J¼§O¼ ELU HNRQRPL\H
VDKLS ROPDQñQ WHPHO ğDUWODUñQñQ EDğñQGD L\L LğOH\HQ
ELU KXNXN VLVWHPLQH VDKLS
ROPDN JHOPHNWHGLUȇ GHGL
úû 'hNYASININ
7(RCú+ú 8=LAû0A
ðğ DGDPODUñ L§LQ YDNWLQ
QDNLW ROGXßXQX EX QHGHQOH
¶]HOOLNOH WLFDUL LKWLODʉDUñQ
§¶]¼P¼Q¼Q Kñ]Oñ SUDWLN
YH J¼YHQLOLU ELU ğHNLOGH
\DSñOPDVñQñQ §RN ¶QHPOL
ROGXßXQX EHOLUWHQ 72%%
%DğNDQñ WLFDUL X\XğPD]OñNODUñQ DGLO ELU §¶]¼PH
XODğPDGñßñ ELU RUWDPGD
Lğ G¼Q\DVñQñQ \D DWDFDßñ
DGñPODUñ J¼YHQVL] DWPDN
]RUXQGD NDOGñßñQñ \D GD EX
DGñPODUñ DWPD\DUDN PHYFXW
GXUXPXQX NRUXGXßXQX ND\-
GHWWL +LVDUFñNOñRßOX EXQXQ
ELU VRQXFX RODUDN WLFDUHW
YH HNRQRPLN E¼\¼PHQLQ
ROXPVX] HWNLOHQGLßLQL EX
\¼]GHQ Lğ G¼Q\DVñQñQ WLFDUL
X\XğPD]OñNODUGD DOWHUQDWLI
X\XğPD]OñN §¶]¼P \¶QWHPOHULQL EHQLPVHGLßLQL LIDGH
HWWL
+D\DWD JH§WLßL DQGDQ LWLEDUHQ WDKNLP YH DUDEXOXFXOXßXQ Lğ G¼Q\DVñQñQ VñNOñNOD
WHUFLK HWWLßL \¶QWHPOHU ROGXßXQD GHßLQHQ +LVDUFñNOñRßOX Ȇ%X §HU§HYHGH 7LFDUHW
YH 6DQD\L 2GDODUñPñ]GD
DUDEXOXFXOXN PHUNH]OHUL
ROXğWXUPD\D EDğODGñN ðVWDQEXO 7DKNLP 0HUNH]LȃQL NXUGXN ONHPL]GH DOWHUQDWLI
X\XğPD]OñN \¶QWHPOHULQLQ
NXOODQñPñ DUWWñN§D ðVWDQEXO
EX FRßUDI\DGD X\XğPD]OñN
§¶]¼P PHUNH]L KDOLQH JHOHFHNȇ GHGL
6RQ \ñOODUGD WRSOXP
RODUDN KXVXPHWL GDYD
D§PD\ñ PDKNHPHOHUL VHYHQ
ELU PLOOHW KDOLQH JHOGLßLPL]H GLNNDW §HNHQ +LVDUFñNOñRßOX X\XğPD]OñßñQ PLNWDUñ
YH NRQXVX QH ROXUVD ROVXQ
X]ODğPD \HULQH PDKNHPHOHUL WHUFLK HGHU KDOH
EKù0 2015 33
HABER
JHOGLNOHULQL PDKNHPHOHULQ
YH K¢NLPOHULQ DUWñN EX \¼N¼
NDOGñUDPDGñßñQñ V¶\OHGL
7LFDUHW 0DKNHPHOHULQGH
ELU GDYDQñQ RUWDODPD J¼Q ðğ 0DKNHPHOHULQGH
J¼Q )LNUL YH 6LQDL
+DNODUGD LVH J¼Q V¼UG¼ß¼Q¼ EX V¼UH§WH GH KHUNHVLQ ]DUDU J¶UG¼ß¼Q¼ LIDGH
HGHQ +LVDUFñNOñRßOX EX QHGHQOH DOWHUQDWLI X\XğPD]OñN §¶]¼P \¶QWHPOHULQLQ
GLßHU ¼ONH X\JXODPDODUñ GD
LQFHOHQHUHN §HğLWOHQGLULOPHVL YH \D\JñQODğWñUñOPDVñQñQ
X]ODğPD N¼OW¼U¼Q¼ \D\JñQODğWñUDFDßñ JLEL \DUJñQñQ Lğ
\¼N¼Q¼ GH KDʈʉHWHFHßLQL
YXUJXODGñ
5HIDK ]HQJLQOLN YH
GHPRNUDVL L§LQ KXNXNXQ
¶QHPOL ELU LKWL\D§ ROGXßXQD
LğDUHW HGHQ 72%% %DğNDQñ
Ȇ%L] HNRQRPL DODQñQGD QH
\DSDUVDN \DSDOñP HßHU ELU
KXNXN GHYOHWL ROPDPñ]OD
LOJLOL VñNñQWñ \DğDQñ\RUVD
EX EDğDUñODUñQ KL§ELUL NDOñFñ
ROPD\DFDNWñU EßHU NXUDOODU
D§ñN YH ğHIIDI GHßLOVH GDYDODU §RN X]XQ V¼U¼\RUVD ELOLUNLğLOLN P¼HVVHVHVL LOH LOJLOL FLGGL VñNñQWñODU ROXğWX\VD
NDUDUODU WXWDUOñ GHßLOVH DOW
34 EKù0 2015
PDKNHPH LOH ¼VW PDKNHPH
ELUELULQGHQ WDPDPHQ IDUNOñ
VRQX§ODUD YDUDELOL\RUVD
EX Lğ G¼Q\DVñ D§ñVñQGDQ YH
WDELL NL HNRQRPL D§ñVñQGDQ
VRQ GHUHFH VñNñQWñOñ ELU WDEOR
ROXğWXUXUȇ GHGL
+LVDUFñNOñRßOX \DUJñQñQ PXWODND HYUHQVHO
KXNXN LONHOHUL §HU§HYHVLQGH
$QD\DVD \DVDODU YH GDKD
¶QHPOLVL YLFGDQ LOH KDUHNHW
HWPHVL JHUHNWLßLQL \DVDODUñQ
ELU GLOL YH UXKX ROGXßXQX
YXUJXOD\DUDN YLFGDQ IDNW¶U¼Q¼Q ¶QHPLQH GLNNDW §HNWL
+I=LI 9( (7KúN A'AL(7
$GDOHW %DNDQñ .HQDQ
ðSHN DGDOHW KL]PHWOHULQGH
]DPDQ \¶QHWLPL NRQX-
VXQGD GHYULP QLWHOLßLQGH
DGñPODU DWñODFDßñQñ EHOLUWHUHN Ȇ%HOLUOL W¼U GDYD YH
LğOHUGH RUWDODPD J¶U¼OPH
V¼UHOHULȃQL EHOLUOH\HFHßL]
%¶\OHFH DUWñN YDWDQGDğODUñPñ] D§Wñßñ GDYDQñQ \DNODğñN
RODUDN QH ]DPDQ ELWHFHßL
NRQXVXQGD ELU NDQDDW VDKLEL
RODFDNȇ GHGL
$GDOHWLQ Kñ]Oñ YH HWNLQ
ELU ğHNLOGH WHFHOOL HWPHVLQLQ
KHUNHV L§LQ E¼\¼N ¶QHP
DU] HWWLßLQL V¶\OH\HQ ðSHN
WRSOXPGD EDğ J¶VWHUPHVL
ND§ñQñOPD] RODQ X\XğPD]OñNODUGD \DUJñ PHUFLOHULQLQ
ELU ȆQLKDL §¶]¼Pȇ PDNDPñ
ROGXßXQX YXUJXODGñ ðSHN
HQ N¼§¼ß¼QGHQ HQ E¼\¼ß¼QH HQ EDVLWLQGHQ HQ JLULIW
RODQñQD NDGDU KHU W¼UO¼
X\XğPD]OñßñQ ELU ȆQLKDL
§¶]¼Pȇ EHNOHQWLVL\OH \DUJñ
PHUFLOHUL ¶Q¼QH WDğñQPDVñ\OD \ñOGDQ \ñOD DUWDQ YH
DßñUODğDQ Lğ \¼N¼Q¼Q EDVNñVñ
DOWñQGD EXOXQGXßXQD GLNNDWL
§HNWL
1LVDQ D\ñQGD NDPXR\XQD GX\XUXODQ <DUJñ 5HIRUPX 6WUDWHMLVLȃQLQ DGDOHW KL]PHWOHULQGH NDSDVLWH DUWñUñFñ
YH DGDOHWLQ VRV\DO KHGHʈQL
JHU§HNOHğWLUHFHN WHGELUOHU
WHPHOLQGH ğHNLOOHQGLßLQL
YXUJXOD\DQ ðSHN ʈ]LNL
DOW\DSñQñQ JHOLğWLULOPHVL
LKWL\D§ GX\XODQ QLWHOLNOL
SHUVRQHO YH \DUJñ PHQVXEX
VD\ñVñQñQ DUWñUñOPDVñQñQ
\DQñVñUD JHOHQHNVHO \DUJñODPD\D DOWHUQDWLI XVXOOHUL GH
L§HUHFHN EL§LPGH §DßGDğ
KXNXN X\JXODPDVñQñQ
VLVWHPGH \HULQL DOPDVñQñQ
KHGHʉHQGLßLQL ELOGLUGL
$GDOHW %DNDQñ ðSHN Ȇ%X
§HU§HYHGH WHPHO SDUDPHWUHOHU EHOLUOHQPLğ ¶Q¼P¼]GHNL EHğ \ñOñQ \RO KDULWDVñ
§L]LOPLğWLUȇ GHGL
+XNXN X\XğPD]OñNODUñQGD DUDEXOXFXOXN X\JXODPDODUñQGD EHOLUOL ELU PHVDIH
NDW HWWLNOHULQLQ DOWñQñ §L]HQ
ðSHN ¶Q¼P¼]GHNL V¼UH§WH
EHOOL DODQODUGD DUDEXOXFXOXßX ]RUXQOX KDOH JHWLUHFHNOHULQL ND\GHWWL ðSHN
JH§HQ DUDOñN D\ñQGD NDQXQL
\¼U¼UO¼N ND]DQDQ ðVWDQ-
HABER
EXO 7DKNLP 0HUNH]LȃQLQ
HWNLQOHğWLULOPHVL JHUHNWLßLQL
G¼ğ¼QG¼ß¼Q¼ GH YXUJXODGñ
HAKLININ HAKKI
'DQñğWD\ %DğNDQñ =HUULQ
*¼QJ¶U GH GHYOHWL ROXğWXUDQ HUN DUDVñQGD \HU DODQ
\DUJñQñQ X\XğPD]OñNODUñ
§¶]PHN KDNOñ\D KDNNñQñ
WHVOLP HWPHN YH NDPX
G¼]HQLQL NRUXPDN L§LQ YDU
ROGXßXQX LIDGH HGHUNHQ
X\XğPD]OñNODUñ §¶]PHN
NRQXVXQGDNL ¶QHPLQLQ
¶WHOHQHPH\HFHßLQL LKPDO
HGLOHPH\HFHßLQL ELOGLUGL
<ñOODU L§LQGH GDYD
VD\ñODUñQGD RODßDQ¼VW¼ DUWñğ
PH\GDQD JHOPHVLQLQ GDYDODUñQ GDKD L\L VRQX§ODQPDVñ
YH DGLO \DUJñODPD LONHVLQLQ LKPDOLQH \RO D§WñßñQñ
DQODWDQ *¼QJ¶U \DUJñQñQ
W¼UO¼ QHGHQOHUOH JH§ NDUDU
YHUPHVLQLQ \HQL WRSOXPVDO
VRUXQODU ROXğWXUPDVñQñQ
\DQñ VñUD DGDOHWH J¼YHQ GX\JXVXQX VDUVDFDßñQD GLNNDWL
§HNWL
'DQñğWD\ RODUDN LGDUL
X\XğPD]OñNODUñQ DOWHUQDWLI
\¶QWHPOHUOH §¶]¼OPHVL
NRQXVXQGD G¼Q\DQñQ
ELU§RN ¼ONHVLQGH \DSñODQ
§DOñğPDODUñ \DNñQGDQ L]OHGLNOHULQL DQODWDQ *¼QJ¶U
$OPDQ\DȃQñQ %DY\HUD
H\DOHWLQGHNL LGDUL \DUJñ§ODUD
WDQñQDQ X]ODğWñUPD \HWNLVLQLQ J¼]HO ELU ¶UQHN WHğNLO
HWWLßLQL V¶]OHULQH HNOHGL
YARGININ
úû YhKh AøIR
<DUJñWD\ %LULQFL %DğNDQñ ðVPDLO 5¼ğW¼ &LULW LVH
Ȇ<DUJñ NDEXO HWVHN GH HWPHVHN GH 626 YHUPHNWHGLU
LPGDW §ñßOñßñ DWPDNWDGñU
<DUJñ\D J¼YHQ YH LQDQñOñUOñN
QRNWDVñQGD LQDQñOPD] VñNñQWñODUñPñ] YDUGñUȇ GHßHUOHQGLUPHVLQGH EXOXQGX
<DUJñQñQ \ñOGD \ñOD DNWDUñODQ GHßLğPH] VRUXQODUñQñQ
EDğñQGD DßñU Lğ \¼N¼Q¼Q
JHOGLßLQL DQODWDQ &LULW ğXQODUñ V¶\OHGL Ȇ*HUHN LON GHUHFH PDKNHPHOHUL JHUHNVH
WHP\L] PDKNHPHOHUL J¼QGHQ J¼QH DUWDQ YH DßñUODğDQ
Lğ \¼N¼Q¼Q EDVNñVñ DOWñQGDGñU \ñOñQGD <DUJñWD\
&H]D 'DLUHOHULQH ELQ
KXNXN GDLUHOHULQH ELQ
&XPKXUL\HW %DğVDYFñOñßñQD
LVH ELQ GRV\D JHOPLğWLU
$\Qñ \ñO YHULOHQ NDUDU VD\ñVñ
FH]D GDLUHOHULQGH ELQ
7LFDUHW0DKNHPHOHULQGHELUGDYDQÖQ
RUWDODPDJQ
ùû0DKNHPHOHULQGH
JQ)LNULYH
6LQDL+DNODUGDLVH
JQVUGøQ
EXVUHoWHKHUNHVLQ
]DUDUJ|UGøQ
LIDGHHGHQ72%%
%DûNDQÖ+LVDUFÖNOÖRøOXDOWHUQDWLI
X\XûPD]OÖNo|]P
\|QWHPOHULQLQGLøHU
ONHX\JXODPDODUÖGDLQFHOHQHUHN
oHûLWOHQGLULOPHVLQLQ
X]ODûPDNOWUQ
\D\JÖQODûWÖUDFDøÖ
JLEL\DUJÖQÖQLû\NQGHKDÀÁHWHFHøLQLYXUJXODGÖ
KXNXN GDLUHOHULQGH ELQ <DUJñWD\ &XPKXUL\HW
%DğVDYFñOñßñQGD LVH ELQ GRV\D KDNNñQGD LğOHP
WHVLV HWPLğWLU 7¼P G¼Q\D
\DUJñWD\ODUñQñQ WRSODPñQGDQ
GDKD DßñU ELU Lğ \¼N¼ DOWñQGD
§DOñğñOPDNWDGñUȇ
7¼UNL\HȃGHNL W¼P
LKWLODʉDUñQ \DUJñ L§LQGH
§¶]¼OG¼ß¼Q¼ DGOL \DUJñGD
ELQH \DNñQ LGDUL \DUJñGD
GD 'DQñğWD\ GDKLO ELQH
\DNñQ KDNLP YH VDYFñ EXOXQGXßXQD LğDUHW HGHQ &LULW
EXQXQ \HWHUVL] NDOGñßñQñ
GLOH JHWLUGL ðVPDLO 5¼ğW¼
&LULW 7¼UNL\HȃGH KHU ¼§
NLğLGHQ ELULQLQ \DUJñ\D WDUDI
YH\D GDYDOñ ROGXßXQX HWNLQ
YH DGLO ELU ELOJLOHQGLUPH
VLVWHPL NXUXODPDGñßñ L§LQ
\DUJñQñQ GD EXQODUñ §¶]PHNWH ]RUODQGñßñQñ YXUJXODUNHQ
Ȇ \ñOñQGD FXPKXUL\HW
EDğVDYFñOñNODUñQFD \¼]GH
RUDQñQGD NRYXğWXUPD\D \HU ROPDGñßñ ğHNOLQGH
NDUDU YHULOGL %XQXQ \¼]GH
ȃ¼ \DQL PLO\RQ ELQL GDYD D§ñOPDVñQD LOLğNLQGLU <HWNLVL]OLN IH]OHNH
G¼]HQOHQPHVL J¶UHYVL]OLN ELUOHğWLUPH EDğND ELU
E¼UR\D J¶QGHUPH ğHNOLQGH
GH ELQ NDUDU YHULOPLğWLU
<DQL WRSODP PLO\RQ ELQ LKWLODI ROPXğWXU %XQODUGDQ \DUñVñ GDYD NRQXVX
ROPXğWXU YH EX LKWLODʉDUñQ
\¼]GH ȃVL VD\ñ RODUDN
PLO\RQ ELQL VRQXQGD
ELU FH]D §ñNPñğWñUȇ GL\H
NRQXğWX
EKù0 2015 35
HUKUK
BDøÖPVÖ] oDOÖûDQODUÖQ
VLJRUWDOÖOÖN VUHOHULQLQ WHVSLWL
$QRQLPûLUNHWWHRUWDNRODQ\|QHWLPNXUXOX\HOHULYHOLPLWHGûLUNHWRUWDNODUÖ
WDULKLQHNDGDUJHUL\H\|QHOLNG|QHPLoLQ%Dø.XUVLJRUWDOÖOÖNVUHOHULQLQ
WHVSLWLQLGDYDHGHELOLUOHU
+HU QH NDGDU VD\ñOñ 6RV\DO
RODQODU $QRQLP ğLUNHWOHULQ \¶QHWLP
6LJRUWDODU YH *HQHO 6DßOñN 6LJRUWDVñ
NXUXOX ¼\HVL RODQ RUWDNODUñ VHUPD\HVL
.DQXQXȃQGD KL]PHW DNGLQH EDßOñ RODUDN
SD\ODUD E¶O¼QP¼ğ NRPDQGLW ğLUNHWOHULQ
ELU YH\D ELUGHQ ID]OD LğYHUHQ WDUDIñQGDQ
NRPDQGLWH RUWDNODUñ GLßHU ğLUNHW YH
§DOñğWñUñODQODU V\ PD EDNñPñQGDQ
GRQDWPD LğWLUDNOHULQLQ LVH W¼P RUWDNODUñ
KL]PHW WHVSLWL GDYDVñ D§ñODELOHFHßL KXVXVX
7DUñPVDO IDDOL\HWWH EXOXQDQODU VLJRUWDOñ
G¼]HQOHQPLğ LVH GH NHQGL DGñQD YH KHVDEñQD
VD\ñOñUȇ K¼NP¼Q¼ KDYLGLU
EDßñPVñ] §DOñğDQODU V\ P E
8\JXODPDGD LVH GXUXP IDUNOñOñN DU]
EDNñPñQGDQ VLJRUWDOñ JH§HQ J¼QOHULQLQ
HWPHNOH ELUOLNWH V¶] NRQXVX GDYDODUñQ
WHVSLW HGLOPHVL L§LQ KL]PHW WHVSLW GDYDVñ
D§ñOPDVñQD LOLğNLQ RODUDN KDQJL ğDUWODUñQ
D§ñODELOHFHßLQH LOLğNLQ D§ñN ELU G¼]HQOHPH
YDUOñßñ KDOLQGH PDKNHPHOHULQ GDYDODUñQ
\HU DOPDPDNWDGñU
NDEXO¼ \¶Q¼QGH NDUDU YHUHELOHFHßLQL
V\ȃQñQ E PDGGHVL Ȇ.¶\ YH
GRßUX WHVSLW HGHELOPHN ¶QHPOLGLU
PDKDOOH PXKWDUODUñ LOH KL]PHW DNGLQH EDßOñ
%X NRQX\D LOLğNLQ V¼UH§ L§HULVLQGH
$Y0XUDW8OXVX
ROPDNVñ]ñQ NHQGL DGñQD YH KHVDEñQD EDßñPVñ]
SHN §RN \DVDO G¼]HQOHPH \DSñOPñğ
+XNXN'DQÖûPDQÖ
§DOñğDQODUGDQ LVH 7LFDU® ND]DQ§ YH\D
ROPDNOD 6D\ñOñ <DVDQñQ EVQDI YH
VHUEHVW PHVOHN ND]DQFñ QHGHQL\OH JHU§HN
6DQDWNDUODU YH 'LßHU %DßñPVñ] DOñğDQODU
YH\D EDVLW XV»OGH JHOLU YHUJLVL P¼NHOOHʈ RODQODU *HOLU
6RV\DO 6LJRUWDODU .DQXQX EN *H§LFL PDGGHVL
YHUJLVLQGHQ PXDI ROXS HVQDI YH VDQDWN¢U VLFLOLQH ND\ñWOñ
QD]DUñQGD NRQX\X D\GñQODWDELOPHN P¼PN¼QG¼U 6D\ñOñ <DVD EN *H§LFL PDGGHVL Ȇ 6D\ñOñ .DQXQ
YH D\Qñ .DQXQGD GHßLğLNOLN
\DSDQ NDQXQODUD J¶UH
VLJRUWDOñOñN QLWHOLßL WDğñGñNODUñ
KDOGH EX NDQXQXQ \¼U¼UO¼ßH
JLUGLßL WDULKH NDGDU ND\ñW
YH WHVFLOLQL \DSWñUPDPñğ
RODQODUñQ KHU W¼UO¼ KDN YH
P¼NHOOHʈ\HWOHUL EX NDQXQXQ
\¼U¼UO¼ßH JLUGLßL WDULKWH
EDğODUȇ K¼NP¼Q¼ KDYLGLU
VD\ñOñ \DVD WDULKLQGH \¼U¼UO¼ßH
JLUPLğWLU
<LQH VD\ñOñ .+.
*H§LFL PDGGHVL LOH
VD\ñOñ NDQXQD J¶UH
VLJRUWDOñOñN QLWHOLßL WDğñGñNODUñ
KDOGH EX .+.ȃQñQ \¼U¼UO¼ßH
JLUGLßL WDULKH NDGDU ND\ñW YH
WHVFLOLQL \DSWñUPDPñğ RODQ
VLJRUWDOñODUñQ VLJRUWDOñOñN
KDN YH P¼NHOOHʈ\HWOHULQLQ
36 EKù0 2015
HUKUK
EX .+.ȃQñQ \¼U¼UO¼ßH JLUGLßL WDULKLQGHQ
LWLEDUHQ EDğOD\DFDßñ KXVXVXQGD G¼]HQOHPH \DSñOPñğWñU
$QFDN LOJLOL \DVDO G¼]HQOHPH $QD\DVD 0DKNHPHVLȃQLQ
WDULK E YH . 6D\ñOñ NDUDUñ
LOH LSWDO HGLOPLğ YH EX LSWDO K¼NP¼ WDULKLQGH
\¼U¼UO¼ßH JLUPLğWLU <HQLGHQ G¼]HQOHPH \DSñODELOPHVL
L§LQ WDQñQDQ V¼UH L§HULVLQGH VD\ñOñ WDULK
YH VD\ñOñ 5HVPL *D]HWHȃGH \D\ñPODQDUDN D\Qñ
WDULKWH \¼U¼UO¼ßH JLUPLğ LVH GH V¶] NRQXVX <DVDGD VD\ñOñ .+.ȃQñQ LSWDO HGLOHQ JH§LFL PDGGHVL \HULQH
KHUKDQJL ELU G¼]HQOHPH \DSñOPDPñğWñU 'DKD VRQUD LVH
WDULKOL \¼U¼UO¼N WDULKOL VD\ñOñ NDQXQXQ PDGGHVL LOH \HQLGHQ G¼]HQOHPH
\DSñOPñğWñU
WDULKOL VD\ñOñ .DQXQXQ PDGGHVL
LOH 6D\ñOñ .DQXQD HNOHQHQ *H§LFL PDGGH LOH
EX NDQXQD J¶UH VLJRUWDOñOñN QLWHOLNOHUL WDğñGñNODUñ KDOGH
WDULKLQH NDGDU ND\ñW YH WHVFLOLQL \DSWñUPDPñğ
RODQ VLJRUWDOñODUñQ KDN YH P¼NHOOHʈ\HWOHULQLQ WDULKLQGHQ LWLEDUHQ EDğOD\DFDßñ DQFDN EX NDQXQD J¶UH
]RUXQOX VLJRUWDOñ RODUDN WHVFLO HGLOPLğ RODQ VLJRUWDOñODUñQ
VLJRUWDOñOñNODUñQñQ EX .DQXQXQ \¼U¼UO¼N WDULKLQGHQ
LWLEDUHQ DOWñ D\ L§LQGH .XUXPD \D]ñOñ EDğYXUPDODUñ YH
Ǿ WDULKOHUL DUDVñQGDNL YHUJL
ND\ñWODUñQñ EHOJHOHPHN YH EHOJHOHQHQ EX V¼UHOHUH LOLğNLQ
RODUDN KHVDSODQDFDN SULP ERU§ODUñQñQ WDPDPñQñ WHEOLßGHQ
LWLEDUHQ \ñO L§LQGH ¶GHPHGH EXOXQGXNODUñ WDNGLUGH EX
V¼UHOHULQ VLJRUWDOñOñN V¼UHVL RODUDN GHßHUOHQGLULOHFHßL
ELOGLULOPLğWLU
$§ñNODQDQ EX GXUXPODUD J¶UH Ǿ
WDULKOHUL DUDVñQGDNL G¶QHPGH X\JXODQDFDN
K¼NP¼Q EHOLUVL]OLßL VRUXQX GRßPXğ YH EX NRQXGD
<DUJñWD\ L§WLKDWODUñQGD GD ELOGLULOGLßL ¼]HUH Lğ EX
WDULKOHU DUDVñQGDNL G¶QHPGH JHUL\H G¶Q¼N %Dß-.XU
KL]PHWOHULQLQ WHVSLWLQLQ P¼PN¼Q RODELOHFHßL \¶Q¼QGH
NDUDUODU YHULOPLğWLU %XUDGD <DUJñWD\ NDUDUODUñQñ JHQLğ
\RUXPODPDNWD ID\GD YDUGñU <DQL VDOW Ǿ
WDULKOHUL LOH V¶] NRQXVX G¶QHPL VñQñUODPDN
\HULQH WDULKLQGHQ ¶QFHNL G¶QHPOHU
L§LQ GH WDULKLQH NDGDU RODQ G¶QHP
EDNñPñQGDQ NDQXQL ğDUWODUñQ ROXğPDVñ KDOLQGH %Dß-.XU
VLJRUWDOñOñßñQñQ WHVSLWL LVWHPHN P¼PN¼Q RODELOHFHNWLU
=LUD ]RUXQOX VLJRUWDOñOñN ğDUWñQD VDKLS ROGXßX KDOGH
VLJRUWD ND\Gñ ROPDGñßñ L§LQ %Dß-.XU WDUDIñQGDQ JHUL\H
G¶Q¼N VLJRUWDOñOñßñQ NDEXO HGLOPHPHVL 0HGHQL .DQXQ
PDGGH NDSVDPñQGD GD KDNNñQ N¶W¼\H NXOODQñOPDVñ
\DVDßñ NXUDOñQD GD D\NñUñOñN WHğNLO HWPHNWHGLU <DQL
0HGHQL .DQXQ PDGGHVL X\DUñQFD GD VLJRUWDOñOñßñQ
NDEXO¼QH NDUDU YHULOPHVL JHUHNPHNWHGLU
1LKD\HWLQGH 6D\ñOñ .DQXQȃGD D§ñN ELU K¼N¼P
ROPDGñßñQGDQ NHQGL QDP YH KHVDEñQD §DOñğDQODU
EDNñPñQGDQ JH§PLğ KL]PHWOHULQ WHVSLWL P¼PN¼Q GHßLOGLU
$QñOñ QHGHQOHGLU NL NHQGL QDP YH KHVDEñQD §DOñğDQODUñQ
%Dß-.XU VLJRUWDOñOñN V¼UHOHULQLQ WHVSLWLQH \¶QHOLN GDYD
D§PDODUñ \DKXW GLßHU ELU GH\LğOH D§ñODQ GDYDODUñQ ROXPOX
VRQX§ODQPDODUñ P¼PN¼Q GHßLOGLU $QFDN HYYHOFH GH
D§ñNODPñğ ROGXßXPX] ¼]HUH KXNXNL ERğOXßXQ VRQD
HUGLßL WDULKLQGHQ ¶QFHNL WDULKWH VLJRUWDOñOñN
WHVFLOLQLQ EXOXQPDVñ KDOLQGH JHUL\H \¶QHOLN RODUDN HQ
ID]OD WDULKLQH NDGDU NL V¼UHOHU L§LQ %Dß-.XU
VLJRUWDOñOñßñQñQ WHVSLWLQLQ PDKNHPHGHQ LVWHQHELOPHVL
P¼PN¼QG¼U
EKù0 2015 37
SEKTÖR
KDøÖW YH EDVÖP VDQD\LFLOHULQGHQ
PHVOHNL HøLWLPH GHY SURMH
E
JH %¶OJHVL 6DQD\L
2GDVñȃQñQ NDßñW YH
EDVñPOD LOJLOL LNL
NRPLWHVL VHNW¶UH QLWHOLNOL
PHVOHNL HOHPDQ \HWLğWLUPHN
¼]HUH DPEDODM WDVDUñPñ
LOH NDOLWH YH UHQN ODERUDWXYDUñ NXUPD SURMHVLQL
KD\DWD JH§LUPH NRQXVXQGD
DGñPODU DWPD\D EDğODGñ
.DßñW YH .DßñW U¼QOHUL
6DQD\L 0HVOHN .RPLWHVL
YH %DVñP <D\ñP 6DQD\L
0HVOHN .RPLWHVLȃQLQ E
EJH 0HVOHN <¼NVHN 2NXOX
%DVñP <D\ñQ 7HNQRORMLOHUL
3URJUDPñȃ\OD \¼U¼WHFHßL SURMH L§LQ LON HWDSWD
ODERUDWXYDU EDğñQD \DNODğñN
ȃğHU ELQ OLUD LOH WRSODPGD ELQ OLUDOñN \DWñUñP
¶QJ¶U¼O¼\RU 3URMH LOH VDQD\LQLQ J¼F¼QH J¼§ NDWDFDN
\DSDUDN ¶ßUHQHQ YH NHQGLQL
JHOLğWLUHQ PH]XQODU Lğ KD\DWñQD ND]DQGñUñODFDN
E%62 .DßñW YH .DßñW
U¼QOHUL 0HVOHN .RPLWHVL
LOH %DVñP YH <D\ñP 6DQD\L
0HVOHN .RPLWHVL RUWDN
WRSODQWñODUñQGD Ȇ%DVñP
YH $PEDODM 6HNW¶U¼QH
1LWHOLNOL EßLWLPOL /LVDQ
%LOHQ ðğJ¼F¼ <HWLğWLUPH
3URMHVLȇQL GHßHUOHQGLUGL
Ȇ*¼§O¼ HNRQRPL L§LQ J¼§O¼
VDQD\L J¼§O¼ VDQD\L L§LQ
PHVOHNL HßLWLPȇ VORJDQñ\OD \ROD §ñNDQ VDQD\LFLOHU
7¼UNL\HȃGH PDWEDDFñOñßñQ
NDEXN GHßLğWLUGLßLQH RUJDQL]H PDWEDDFñOñN VLVWHPOHUL
§RßDOñUNHQ NODVLN PDWEDDODUñQ ELU NñVPñQñQ GD DPEDODMD \¶QHOGLßLQH GLNNDW
§HNHUNHQ Ȇ)OH[R WLIGUXN
OHWWHUSUHV 89 GLMLWDO EDVNñ
YH LQN MHW EDVNñ VLVWHPOHUL
38 EKù0 2015
E¼\¼N ELU Kñ]OD DUWñ\RU RN
PRGHUQ PDNLQDODU DPEDODM VHNW¶U¼QGH §DOñğñ\RU
$QFDN EXQODUñ §DOñğWñUDFDN
SHUVRQHOL \HWLğWLUHFHN ELU
HßLWLP NXUXPX EXOXQPX\RU
7¼UNL\HȃGHNL PDWEDD
PHVOHN OLVHVL YH PHVOHN
\¼NVHN RNXOX KHP DGHW KHP
GH NDOLWH RODUDN HOHPDQ LKWL\DFñQñ NDUğñOD\DPñ\RU <XUW
GñğñQGDQ JHOHQ PDNLQHOHULQ
YH ELOJLVD\DU SURJUDPODUñQñQ 7¼UN§HOHğWLULOPHVL GH
KHU ]DPDQ P¼PN¼Q RODPñ\RU 'ROD\ñVñ\OD WHNQLN
HßLWLPOH ELUOLNWH \DEDQFñ GLO
ELOJLVL GH ¶QHP ND]DQñ\RUȇ
J¶U¼ğOHULQL LIDGH HWWL
ANLA0LI H('()
6DQD\LFLOHU EDVñP
YH DPEDODM VHNW¶UOHULQLQ
X\JXODPD EHFHULVLQH VDKLS
QLWHOLNOL-HßLWLPOL HOHPDQ LKWL\DFñQñQ NDUğñODQPDVñ L§LQ
¼UHWLP SURVHVOHULQH KDNLP
EDVNñ YH UHSURG¼NVL\RQX ELOHQ NDOLWH NRQWURO UHQN YH
UHQN \¶QHWLPL NRQXODUñQGD
ELOJLOL OLVDQ ELOHQ PH]XQODU
\HWLğWLULOPHVLQL DPD§ODGñNODUñQñ ELOGLUGL
<DSDUDN ¶ßUHQPH
IHOVHIHVLQLQ EHQLPVHQPHVL
JHUHNWLßLQL VDYXQDQ VDQD-
(%62oDWÖVÖDOWÖQGDNL
NDøÖWYHEDVÖP
VDQD\LFLOHULQLQ
KD\DWDJHoLUPH\L
SODQODGÖNODUÖDPEDODM
WDVDUÖPÖLOHNDOLWHYH
UHQNODERUDWXYDUODUÖ
LoLQLONHWDSWD
ELQOLUDOÖN\DWÖUÖP
SODQODQÖ\RU
\LFLOHU DWñODFDN DGñPODUñ
VHNW¶UGH §DOñğDQ SURIHV\RQHOOHUGHQ 6HNW¶UHO 'DQñğPD
.XUXOX ROXğWXUXOPDVñ $PEDODM 7DVDUñPñ /DERUDWXYDUñ
.XUXOPDVñ .DOLWH YH 5HQN
/DERUDWXYDUñ NXUXOPDVñ
¶ßUHQFLOHUH ðQJLOL]FH NXUVX
YHULOPHVL GLßHU EDVNñ WHNQLNOHUL NRQXVXQGD PDNLQH
YH HNLSPDQ JHUHNVLQLPLQLQ
NDUğñODQPDVñ EDğOñNODUñ
DOWñQGD WRSODGñ
hNú9(RSú7( 9(
SANAYúNúN (N Gh=(L
úû%úRLúøú
3URMH L§LQ KD]ñUODQDQ
WDVODßD J¶UH 6HNW¶UHO
'DQñğPD .XUXOX PHYFXW
GHUV L§HULNOHULQLQ J¶]GHQ
JH§LULOPHVL YH JHOLğHQ
WHNQRORML\H SDUDOHO RODUDN
VHNW¶U¼Q LKWL\D§ODUñ GRßUXOWXVXQGD EXQODUñQ \HQLGHQ
ROXğWXUXOPDVñQñ VDßOD\DFDN
QLYHUVLWH YH VDQD\L LğELUOLßLQLQ JHOLğWLULOPHVLQH NDWNñ
\DSDFDN ¶ßUHQFLOHULQ VWDM
\HUL EXOPDVñQD \DUGñPFñ
RODFDN
$PEDODM 7DVDUñPñ /DERUDWXYDUñ EDVNñ KD]ñUOñN YH
UHSURG¼NVL\RQ NRQXODUñQñ
ELOHQ PH]XQODU \HWLğWLULOPHVL L§LQ DGHW \¼NVHN NDOLWH
YH ¶]HOOLNWH ELOJLVD\DUOD
GRQDWñODFDN 6HNW¶U¼Q HQ
§RN NXOODQGñßñ \D]ñOñP YH
SURJUDPODUñ ¶ßUHQPHN L§LQ
L\L ELU LPNDQ VDßODQDFDN
'HVN 3DFN $UW 3UR $UWLRV
&DG JLEL \D]ñOñPODUñQ HßLWLPL YHULOHELOHFHN
.DOLWH YH 5HQN
/DERUDWXYDUñȃQGD LVH
EDVñP ʉH[LEOH DPEDODM
NDUWRQ DPEDODM PHWDO
DPEDODM YH HWLNHW VHNW¶UOHULQGH E¼\¼N ¶QHP WDğñ\DQ
NDOLWH NRQWURO UHQN YH UHQN
\¶QHWLPLQH \¶QHOLN ¶O§¼P
FLKD]ODUñ\OD \D]ñOñPODU ¶ßUHWLOHFHN ßUHQFLOHU GLMLWDO
SURYD HNUDQ NDOLEUDV\RQX
GHQVLWRPHWULN YH VSHNURIRWRPHWULN ¶O§¼POHUL ELOHUHN
SEKTÖR
PH]XQ RODFDNODU $\UñFD
P¼UHNNHS IRUP¼ODV\RQ
SURJUDPñ NXOODQDUDN UHQN
KD]ñUODPD NRQXVXQD KDNLP
RODFDNODU %X ODERUDWXYDU
LOH WDOHS HGLOGLßLQGH VHNW¶U
§DOñğDQODUñQD X\JXODPDOñ
HßLWLPOHU GH YHULOHELOHFHN
'LßHU EDVNñ WHNQLNOHUL
NRQXVXQGD PDNLQH YH HNLSPDQ LKWL\D§ODUñQñQ NDUğñODQPDVñ VD\HVLQGH GH RIVHW
YH WLSRQXQ GñğñQGD NDODQ
VHNW¶UOHULQ \HWLğPLğ HOHPDQ
LKWL\DFñ JLGHULOPLğ RODFDN
$§ñODFDN ðQJLOL]FH NXUVX
LOH VH§LOHQ ¶ßUHQFLOHU L\L
ELU OLVDQ ELOJLVL\OH PH]XQ
RODFDN %¶\OHFH Lğ\HULQGH
\HQL PDNLQH NXUXOXPX
ROGXßXQGD YH\D PHYFXW
PDNLQH\H \XUW GñğñQGDQ
SDU§D JHOGLßLQGH LğOHWPH\H
\DEDQFñ P¼ğWHUL JHOGLßLQGH
YH\D \XUW GñğñQGDNL VHNW¶UHO
IXDUD JLGLOGLßLQGH PH]XQODU
OLVDQ SUREOHPL \DğDPD\DFDN *¼QFHO WHNQRORML\L LON
HOGHQ WDNLS HGLS ¶ßUHQHFHN
YH §DOñğWñNODUñ ʈUPD\D GDKD
ID]OD ID\GD VDßOD\DELOHFHN
E%62 NDßñW YH EDVñP
VDQD\LFLOHULQLQ LğELUOLßL
\DSDFDßñ EJH QLYHUVLWHVL
EJH 0HVOHN <¼NVHN 2NXOX
%DVñP YH <D\ñQ 7HNQRORMLOHUL 3URJUDPñ \ñOñQGDQ EX \DQD HßLWLP-¶ßUHWLP
IDDOL\HWOHULQH GHYDP HGL\RU
%DVNñ ¶QFHVL EDVNñ YH EDVNñ
VRQUDVñ NRQXODUñQGD DßñUOñNOñ
RODUDN RIVHW EDVNñ VLVWHPL
LOH WLFDUL EDVNñ RODUDN DGODQGñUñODQ NLWDS GHUJL EURğ¼U
YH Dʈğ JLEL ¼U¼QOHULQ ¼UHWLOPHVLQH \¶QHOLN NRQXODUGD
HßLWLP YHULOL\RU 7HRULN
HßLWLPOHU VñQñI RUWDPñQGD
SURMHNVL\RQ FLKD]ñ GHVWHßL\OH JHU§HNOHğWLULOLUNHQ EDVNñ
¶QFHVL HßLWLPOHULQ X\JXODPDODUñ RNXO E¼Q\HVLQGHNL
ELOJLVD\DU ODERUDWXYDUñQGD
\DSñOñ\RU %DVNñ YH EDVNñ
VRQUDVñ X\JXODPD HßLWLPOHULQGH EJH QLYHUVLWHVLȃQLQ
PDWEDDVñ NXOODQñOñ\RU
Kú0L(R KA7IL'I"
E%62 .DßñW YH .DßñW
U¼QOHUL 6DQD\L 0HVOHN
.RPLWHVL LOH %DVñP YH
<D\ñP 6DQD\L 0HVOHN
.RPLWHVLȃQLQ PHVOHNL HßLWLPH E¼\¼N GHVWHN YHUHQ SURMHVLQLQ HOH DOñQGñßñ WRSODQ-
WñVñQD NDWñODQ LVLPOHU ğ¶\OH
E%62 0HFOLV \HOHUL )DWLK
$UDFñ YH )HULW .RUD $ONLP
.DßñW 0HUW 8\JXQ <ñOPD]
$PEDODM %HNLU EU\ñOPD]
EJH 3DN $PEDODM )ñUDW
.DDQ ß¼WPHQ &DQNRU
EWLNHW .DGLU .DONDQ %DUDQ
$PEDODM $OSDQ %DUDQ
3HNDV $PEDODM 3H\DPL
.ROJDN .XWXVDQ $PEDODM
&¼QH\W $ODQ E 0<2
0DWEDD %¶O¼P¼ ßUHWLP
\HVL 3URI 'U EIH *HQ§RßOX E 0<2 0DWEDD
%¶O¼P¼ȃQGHQ 7¼UNHU $WLN
ENPHN VDQD\LFLOHULQLQ JQGHPL GHQHWLP
ð
]PLUȃGHNL HNPHN VDQD\LFLOHUL YH IñUñQFñODU WHPHO
JñGD PDGGHVL HNPHßLQ ¼UHWLPL YH W¼NHWLFL\H
XODğWñUñOPDVñQGDNL VRUXQODUñ
D\UñQWñODUñ\OD HOH DODFDNODUñ
JHQLğ NDWñOñPOñ WRSODQWñ\D
KD]ñUODQñ\RU
EJH %¶OJHVL 6DQD\L
2GDVñ NRRUGLQDW¶UO¼ß¼QGH
ELU DUD\D JHOHQ ð]PLU 7LFDUHW
2GDVñ ð]PLU 7LFDUHW %RUVDVñ
ð]PLU EVQDI YH 6DQDWNDUODU
2GDODUñ %LUOLßL WHPVLOFLOHUL ¶Q¼P¼]GHNL J¼QOHUGH
*ñGD 7DUñP YH +D\YDQFñOñN
ðO 0¼G¼UO¼ß¼ WDUDIñQGDQ
G¼]HQOHQPHVL L§LQ JLULğLPGH
EXOXQGXNODUñ WRSODQWñQñQ
NRQX EDğOñNODUñQñ J¶U¼ğW¼
E%62 )ñUñQ U¼QOHUL
6DQD\L 0HVOHN .RPLWHVL YDWDQGDğODUñQ J¼YHQLOLU HNPHN
W¼NHWPHVL IñUñQFñODUñQ KDN YH
PHQIDDWOHULQLQ NRUXQPDVñ
ND\ñW Gñğñ YH NDOLWHVL] HNPHN
¼UHWLPLQLQ YH PHY]XDWD
D\NñUñ RODUDN D§ñNWD HNPHN
VDWñğñQñQ ¶Q¼QH JH§LOPHVLQLQ
DQFDN GHQHWLPH \HWNLOL NDPX
NXUXPODUñQñQ ELU NRRUGLQDV\RQ L§LQGH GHQHWLP \DSPDODUñ\OD P¼PN¼Q RODELOHFHßLQL
YXUJXODGñ 6HNW¶U¼Q \DğDGñßñ
VRUXQODU YH §¶]¼P ¶QHULOHULQLQ WDUWñğñODFDßñ WRSODQWñ\D
ð]PLU %¼\¼NğHKLU %HOHGL\HVL
YH W¼P LO§H EHOHGL\H \HWNLOLOHUL LOH ENPHN DOñğPD *UXEX WHPVLOFLOHUL GH NDWñODFDN
EKù0 2015 39
SEKTÖR
SDYDû’ÖQ ,SA) SH) IXDUÖ YH
Lû VDøOÖøÖ JYHQOLøL ]LUYHVL EDûDUÖVÖ
<
DQJñQ V¶QG¼UPH
FLKD]ODUñ DODQñQGD
V¶] VDKLEL RODQ YH
¼UHWLP \HOSD]HVLQL V¼UHNOL
JHQLğOHWHUHN DFLO D\GñQODWPD YH \¶QOHQGLUPH\L
GH NDSVD\DQ §DOñğPDODUD
LP]D DWDQ 6DYDğ <DQJñQ
6¶QG¼UPH $UD§ODUñ EOHNWULN
EOHNWURQLN 6DQD\L ðVWDQEXO
YH ð]PLUȃGHNL LNL E¼\¼N
RUJDQL]DV\RQD NDWñOñPñ\OD
EDğDUñODUñQñ WD§ODQGñUGñ
*¼YHQOLN WHNQRORMLOHUL
NRQXVXQGD GHY ELU EXOXğPD SODWIRUPX ROGXßX
NDGDU 7¼UNL\HȃQLQ \HU DOGñßñ
FRßUDI\DGDNL HWNLVL\OH GH
GLNNDW §HNHQ 8OXVODUDUDVñ <DQJñQ $FLO 'XUXP YH
$UDPD .XUWDUPD )XDUñȃQGD
\HULQL DODQ 6DYDğ <DQJñQ
6¶QG¼UPH $UD§ODUñ LOJLOL
VHNW¶UOHUGHQ JHOHQ NDWñOñPFñODU DUDVñQGD ]HQJLQ ¼U¼Q
\HOSD]HVL YH HWNLQOLNOHUL\OH
J¶] GROGXUGX ðVWDQEXO )XDU
0HUNH]LȃQGH JHU§HNOHğWLULOHQ
,6$) 6+)ȃGHNL VWDQGñQGD \DQJñQOD P¼FDGHOHGH
NXOODQñODQ KHU W¼UO¼ ¼U¼Q
J¼YHQOLN VLVWHPOHUL DFLO
D\GñQODWPD \¶QOHQGLUPH
VLVWHPOHUL YH $U-*H X\JXODPDODUñQñ VHUJLOH\HQ 6DYDğ
KHP ]L\DUHW§LOHUGHQ KHP GH
GLßHU NDWñOñPFñODUGDQ WDP
SXDQ DOGñ
40 EKù0 2015
6DYDğ <DQJñQ 6¶QG¼UPH $UD§ODUñȃQñQ ,6$) 6+)
IXDUñQñQ KHPHQ DUGñQGDQ
ELU EDğND HWNLQOLN NDWñOñPñ 002 7HSHNXOH ðğ
0HUNH]LȃQGH JHU§HNOHğWLULOHQ
ð]PLU ðğ 6DßOñßñ YH *¼YHQOLßL =LUYHVL ROGX ð\L YH
¶UQHN Lğ J¼YHQOLßL X\JXODPDODUñQñQ J¶]OHU ¶Q¼QH VHULOGLßL NRQXVXQGD X]PDQ LVLP
YH NXUXPODUñQ GHQH\LPOHULQL
SD\ODğWñßñ RUJDQL]DV\RQGD
\LQH 6DYDğȃñQ DßñUOñßñ GLNNDW
§HNWL
YILLARCA SgN'hR'hK
YOL 'A GgS7(RúYOR8=
6DYDğ <DQJñQ 6¶QG¼UPH
$UD§ODUñ EOHNWULN EOHNWURQLN
6DQD\L <¶QHWLP .XUXOX
%DğNDQñ =DIHU $NWD§ \ñOñQGD ðVWDQEXOȃGD NXUXODQ ğLUNHWLQ \ñOñQGDQ
LWLEDUHQ JHQHO PHUNH] YH
VHUYLV LVWDV\RQXQX WDğñ\DUDN IDDOL\HWOHULQL ð]PLUȃGH
V¼UG¼UG¼ß¼Q¼ KDWñUODWWñ
Ȇð]PLUȃGH \DQJñQ V¶QG¼UPH
FLKD]ODUñ VDWñğñ YH GROXP
EDNñP KL]PHWOHUL \DSDQ LON
¶]HO ʈUPD\ñ]ȇ GL\HQ $NWD§
NXUXOGXNODUñ LON J¼QGHQ
LWLEDUHQ KL]PHW DQOD\ñğñ
YH §DOñğPD SROLWLNDVñQñQ
GHßLğPHGLßLQL NDOLWH J¼YHQ
YH P¼ğWHUL PHPQXQL\HWLQH
EDßOñ NDOGñNODUñQñ YXUJXODGñ
=DIHU $NWD§ Ȇ%X LONHOHULPL] §HU§HYHVLQGH ELOJLOL
JHQ§ GLQDPLN SHUVRQHO
\HWLğWLUHUHN P¼ğWHULPL]H
\DQJñQ J¼YHQOLßL NRQXVXQGD L\L GHßLO HQ L\L KL]PHWL
YHUPH\H §DOñğñ\RUX] ĞLUNHWLPL]GH PHYFXW RODQ W¼P
PDO]HPHOHULPL] 76E-,6279-&E EHOJHOL ROXS G¼Q\D
QRUPODUñQD X\JXQGXU \ñOñQGDQ LWLEDUHQ ʈUPDPñ]
DFLO D\GñQODWPD DUPDW¼UOHUL
DFLO \¶QOHQGLUPH DUPDW¼UOHUL
LPDODW YH $U-*H §DOñğPDODUñQD EDğOD\DUDN VHNW¶UH \HQLOLN§L UHNDEHW§L YH NDOLWHOL ELU
DQOD\ñğ YH EXQD EDßOñ ¼U¼QOHU
YH KL]PHW VXQX\RUX] U¼QOHULPL] &E ,62
,62 6HUWLʈNDODUñ LOH
¼UHWLOL\RU LPDODWñPñ]ñQ LON
DğDPDVñQGDQ VRQ DğDPDVñQD
NDGDU D\Uñ WHVWWHQ JH§HUHN
VDWñğD VXQXOX\RUȇ GHGL
SEKTÖR
/RJLWUDQV oRN GDKD JoO JHOL\RU
+
HU \ñO ELU ¶QFHNL
\ñOD J¶UH ¶QHPOL
E¼\¼PH ND\GHGHQ
ORJLWUDQV \ñOñQD GD
§RN Kñ]Oñ EDğOD\ñS LYPHVLQL
V¼UG¼U¼\RU *H§HQ \ñO ¼ONHGHQ NDWñOñP LOH D§ñODQ
YH IDUNOñ ¼ONHGHQ ELQ
]L\DUHW HWWLßL ORJLWUDQV
ELU ¶QFHNL \ñOD J¶UH \¼]GH
ȃOLN ELU DUWñğ HOGH HWWL
ðVWDQEXO )XDU
0HUNH]LȃQGH .DVñP
J¼Q¼ NH] NDSñODUñQñ
D§DFDN RODQ 8OXVODUDUDVñ
ORJLWUDQV 7UDQVSRUW /RMLVWLN
)XDUñȃQGD NDWñOñPFñODUñQ
\DUñVñQGDQ §RßX \DEDQFñ
ʈUPDODUGDQ ROXğX\RU
8OXVODUDUDVñ ORJLWUDQV
7UDQVSRUW /RMLVWLN )XDUñ
0¼G¼U¼ $OWñQD\ %HNDU
ȆORJLWUDQVȃD NDWñOPDN \DOQñ]FD 7¼UN ORMLVWLN§LOHUL L§LQ
GHßLO SHN §RN G¼Q\D GHYL
L§LQ GH ¶QFHOLNOL ELU WDQñWñP
YH SD]DUODPD HWNLQOLßL KDOLQL DOGñ %DğWD 7¼UNL\H \D
GD \HUHO WHPVLOFLOLNOHUL\OH
ORJLWUDQVȃWD \HU DODQ ORMLVWLN
DODQñQGDNL G¼Q\D QHWZRUNOHUL ¶]HOOLNOH VRQ \ñOODUGD
ORJLWUDQVȃñ \RN VD\DPñ\RU
<HUOL \DEDQFñ W¼P ʈUPD-
ODU ðVWDQEXOȃGD E¼\¼N ELU
WLWL]OLN YH ¶]HQOH NXUJXODQPñğ KHU \ñO NHQGLQL GDKD
GD JHOLğWLUHQ XOXVODUDUDVñ
VWDQGDUWODUGD ELU IXDU RODQ
ORJLWUDQVȃD NDWñOPDPD\ñ
NHQGLOHULQL D§ñVñQGDQ E¼\¼N ELU LPDM ND\Eñ RODUDN
J¶U¼\RUȇ GHGL
'DKD ğLPGLGHQ IXDUñQ
\HUOL YH \DEDQFñ E¼\¼N
NDWñOñPFñODUñQñQ \HUOHULQL
DOGñßñQñ VDYXQDQ $OWñQD\
%HNDU ȆORJLWUDQV EX \ñO
JHULGH NDODQ \ñOñQ ¼]HULQH
§ñNDFDN §RN VD\ñGD ¶QHPOL
HWNLQOLßH HY VDKLSOLßL \DSDFDNȇ GHGL
LO-úS7úKL(
úLGúLú H(Rû(Y
7UDQVSRUW /RMLVWLN )XDUñ
- .DVñP WDULKOHUL DUDVñQGD ðVWDQEXO )XDU
0HUNH]L YH VDORQODUGD G¼]HQOHQHFHN EWNLQOLßLQ ȃXQFXVX E.2 00,
)XDUFñOñN 7LF /WG ĞWL WDUDIñQGDQ RUJDQL]H HGLOL\RU
)XDU ORMLVWLN WHOHPDWLN YH
WDğñPDFñOñßñQ W¼P GHßHU
]LQFLULQGHNL JHQLğ ¼U¼Q YH
KL]PHW \HOSD]HVLQL L§HUL\RU
7¼UNL\HȃGH G¼]HQOHQHQ
ORJLWUDQV $YUXSD LOH <DNñQ
'RßX DUDVñQGD P¼NHPPHO
ELU N¶SU¼ ROXğWXUDFDN
)XDUñ 7DğñPDFñOñN GHSRODPD GDßñWñP WRSODPD
HWLNHWOHPH NDSDOñ \D GD
D§ñNWD WDNLS \¼NOHPH
ERğDOWPD LVWLʉHPH NDSOñ
\D GD NDSVñ] HOOH§OHPH
GHQL] YH KDYDOLPDQODUñ LOH
NDUD YH GHPLU\ROX DUD§ODUñ\OD KHU W¼UO¼ HPWLDQñQ W¼P
¼UHWLP V¼UH§OHUL ER\XQFD
ND\QDßñQGDQ VRQ W¼NHWLFL\H
NDGDU XODğWñUDQ W¼P WDUDʉDUñ
ELU DUD\D JHWLUHFHN
/RMLVWLN§LOHU EDğWD ROPDN ¼]HUH ORMLVWLN KL]PHW
VDßOD\ñFñODUñQD \D]ñOñP
HNLSPDQ VLVWHP YH GRQDQñPODU VXQDQ NHVLPOHU
WDğñPD GHSRODPD WRSODPD
YH GDßñWñP KL]PHWOHULQGH
NXOODQñODQ HNLSPDQ YH
VLVWHPOHUL WHPVLO HGHFHN
7¼P EX WDğñPDFñOñN GHSRODPD WRSODPD YH GDßñWñP
KL]PHWOHULQGHQ ID\GDODQDQ
EXQODUD \¶QHOLN \D]ñOñP
VLVWHPOHUL YH HNLSPDQODUñ
NXOODQDQ NLUDOD\DQ VDWñQ
DODQ HQG¼VWUL\HO NXUXOXğODU WLFDUHWKDQHOHU YH EX
LğOHWPHOHUGHNL SURIHV\RQHO
NDUDU DOñFñODU L§LQ ORJLWUDQV
¶QHPOL VH§HQHNOHU VXQDFDN
)XDU ʈUPDODUñQ ORMLVWLN
P¼G¼UOHUL WDğñPD YH GHSRODPD \¶QHWLFLOHUL ORMLVWLN
ğLUNHWOHULQLQ ¼U¼Q YH VLVWHP
JHOLğWLUPH \¶QHWLFLOHULQL
EXOXğWXUDUDN NXUXPODUñQ
NHQGL L§LQGH V¼UHJLGHQ
ORMLVWLN V¼UH§OHULQGH L\LOHğWLUPHOHU \HQL ORMLVWLN
LKWL\D§ODUñQ WHGDULNLQGH
DYDQWDMOñ VDWñQ DOPDODUD
RODQDN WDQñ\DFDN
§ J¼QO¼N IXDU ER\XQFD G¼]HQOHQHFHN SDQHO
NRQIHUDQV YH HWNLQOLNOHUGH
WDğñPDFñOñN YH ORMLVWLßH
LOLğNLQ J¼QFHO NRQXODU ¼VW
G¼]H\ \HWNLOLOHULQ NDWñOñPñ
LOH PDVD\D \DWñUñODUDN GHQH\LPOHULQ HQ ¼VW VHYL\HGH
DNWDUñODFDßñ ELU SD\ODğñP
RUWDPñ \DUDWñODFDN
EKù0 2015 41
HABER
PHQWRUEJH’GH KHGHÁHU DûÖOGÖ
E
JH %¶OJHVL 6DQD\L
2GDVñȃQñQ 7¼UNL\HȃGH
LON RODUDN KD\DWD
JH§LUGLßL ¼§ $YUXSD %LUOLßL
ðğ *HOLğWLUPH 0HUNH]LȃQGHQ
ELUL RODQ ð]PLU $%ð*E0 LOH
EJH QLYHUVLWHVL E%ð/7E0
7HNQRORML 7UDQVIHU 2ʈVL E8
E%,/7E0-772 LğELUOLßLQGH
JHU§HNOHğHQ ȆPHQWRUE*E
.2%ðȃOHU ð§LQ ðQRYDV\RQ
3URJUDPñȇ EDğDUñOñ ELU
ğHNLOGH WDPDPODQGñ
QLYHUVLWH YH VDQD-
K2Bù’OHU PHPQXQ
Q5HNDEHWLQ\RøXQROGXøXVHNW|UGHÀUPD\DUHNDEHW
DYDQWDMÖVDøOD\DFDNELUVLVWHPGLU
Q)LUPDIDDOL\HWDODQÖQGD\DSÖODQLûOHUH
RUJDQL]DV\RQDSD]DUODPDIDDOL\HWOHULQHYHPûWHUL
LOLûNLOHUL\|QHWLPLJLELIRQNVL\RQODUDGÖûDUGDQoQF
J|]RODUDN0HQW|UXQEDNÖûÖQGDQID]ODVÖ\ODID\GD
J|UGøPEHOLUWPHOL\LP0HQW|UXQDVÖODPDFÖ
´\HQLOLNµHNRQXRODFDNELUoDOÖûPDEDûODWPDNROPDVÖQD
UDøPHQEXQXQVDøODQPDVÖLOHELUOLNWHûDKVÖPYH
ÀUPDQÖQQHUHGHROGXøXQXQWHVSLWLYHQHUH\HJLWPHN
LVWHGLøLPL]LQEHOLUOHQPHVLQHYH\ÖOOÖNPDVWHU
SODQODUÖQROXûPDVÖNRQXODUÖQDUHKEHUOLNHWPLûWLU
Q)DUNOÖEDNÖûDoÖODUÖND]DQGÖUPDVÖûDKVLEDøODQWÖODUÖ
VD\HVLQGHGHøHUOLNRQXVXQGDX]PDQNLûLOHUOHNRQWDN
NXUPDPÖ]ÖVDøODPDVÖDoÖVÖQGDQoRNID\GDOÖELU
PHNDQL]PDGÖU
Q'ÖûDUÖGDQELUPHQW|UGHVWHøLDOÖ\RUROPDN
VUHoOHUHRODQEDNÖûDoÖPÖ]ÖGHøLûWLUHELOPHPL]H
YHDOÖûNDQOÖNODUÖPÖ]HVHULJ|UHPHGLøLPL]JoO
\|QOHULPL]LQIDUNÖQGDYDUPDYHGHVWHNOHUNRQXVXQGDNL
IDUNÖQGDOÖøÖPÖ]ÖQDUWPDVÖQGDVRQGHUHFHID\GDOÖ
ROPXûWXU
Q.XUXPXPX]DUHKEHUOLNDoÖVÖQGDQVRQGHUHFHID\GDOÖ
ROGXøXQDLQDQÖ\RUX]|]HOOLNOH\HWLûPLûSHUVRQHO
VÖNÖQWÖVÖoHNHQNoNLûOHWPHOHULoLQ\ROYHXIXNDoÖFÖ
PLV\RQODUÖDoÖVÖQGDQ|QHPLQLYXUJXOX\RUX]
42 EKù0 2015
\L LğELUOLßLQLQ HQ J¼]HO
¶UQHNOHULQGHQ ELUL RODUDN
7%ð7$. WDUDIñQGDQ GHVWHNOHQHQ .2%ðȃOHUH KL§ELU
ʈQDQVDO \¼N JHWLUPHGHQ
X\JXODQDQ SURMHGH NDWñOñPFñ LğOHWPHOHUOH 7%ð7$.
LOH .26*E%ȃLQ $U-*H
\HQLOLN GHVWHN SURJUDPODUñQD
EDğYXUXODU DUWDUNHQ QLWHOLNOL
LVWLKGDPD GD NDWNñ VDßODQGñ
3URMH VRQXQGD HOGH HGLOHQ
EDğDUñ LOH ʈUPD 7%ð7$. $U-*H \HQLOLN GHVWHN
Mentörler umutlu
Q0HQW|UONPHNDQL]PDVÖ.2%ù·OHULQNHQGL
Lo\DSÖODUÖQDJHOLûLP$U*HYHLûJHOLûWLUPH
NRQXODUÖQGDNL\DNODûÖPODUÖQDIDUNOÖELUJ|]OH
EDNPDODUÖQÖVDøOÖ\RU.HQGLNHQGLOHULQHVRUPDNWD
]RUODQGÖNODUÖVRUXODUÖYHGX\PDNLVWHPHGLNOHUL
FHYDSODUÖNHQGLOHULQLQV|\OHPHVLQHRODQDNVDøOÖ\RU
*HOLûPHHYUHVLQGHNLWP.2%ù·OHULQJHUHNLUVHGHYOHW
NXUXPODUÖHOL\OHYH\DKLEHYHIRQODUGDQVDøODQDELOHFHN
ÀQDQVDOND\QDNODUOD.2%ù·OHUHPHQW|UONGHVWHøL
YHULOPHOLGLU
Q.2%ù·OHUGHNXUXPVDOODûPD\|QHWLPVLVWHPLQLQ
L\LOHûWLULOPHVLYHNUHVHOûLUNHWOHUKDOLQHJHOPHVL$U*H
NOWUYHLQRYDV\RQLNOLPLQLQROXûWXUXOPDVÖDGÖQD
SURMHQLQROGXNoDYHULPOLROGXøXQXJ|UGN
Qù]PLU$%ù*(0YH(%ù/7(0772WDUDIÖQGDQ
SODQODQDQHøLWLPLYHULOHQLFUDHGLOHQ.2%ù·OHULoLQ
PHQW|USURJUDPÖoRNEDûDUÖOÖELUSURMHGLU0HQW|UOHULQ
KHPHQKHPHQKHSVLQGHNLDUDûWÖUPDSODQODPDLû
WHFUEHVLEHUDEHUoDOÖûPD\|QOHQGLUHELOPHJLEL
VRQGHUHFHROXPOX|]HOOLNOHUHøHULûOHWPHWDUDIÖQGD
\HWHULQFHNDUûÖOÖNEXODELOVHE|\OHELUSURJUDPRUWD
YHX]XQYDGHGHEWQNoNYHRUWDLûOHWPHOHULQ
SHUIRUPDQVODUÖQGDKDWWDHNRQRPLQLQJHQHOLQH
\D\ÖODELOHFHNELUDUWÖûDVHEHSRODELOLU.DWÖODFDN
ÀUPDODUÖQYH\HWLûWLULOHFHN\HQLPHQW|UOHULQVD\ÖVÖ
DUWWÖNoDSURMHQLQEDûDUÖVÖGDJLWWLNoHE\\HFHNWLU
HABER
SURJUDPODUñQD EDğYXUXUNHQ
$U-*H YH \HQLOLN KDUFDPDODUñQGD YH QLWHOLNOL SHUVRQHO
LVWLKGDPñQGD DUWñğ JHU§HNOHğWLUHQ ʈUPD VD\ñVñ ȃH
XODğWñ 1LWHOLNOL SHUVRQHO
LVWLKGDPñ KHGHʈ LNHQ SURMH
VRQXQGD EX VD\ñ RODUDN
JHU§HNOHğWL 'LßHU DODQODUGD
LVWLKGDP HGLOHQ PDYL \DNDOñ
SHUVRQHOOH ELUOLNWH WRSODPGD NLğLOLN \HQL LVWLKGDP
\DUDWñOPñğ ROGX
g=GhN %úR 0O'(L
EJH %¶OJHVL 6DQD\L 2GDVñ <¶QHWLP .XUXOX \HVL
ð]PLU $%ð*E0 <¶QHWLP
.XUXOX %DğNDQñ $WHğ ðO\DV
'HPLUNDONDQ LğOHWPHOHULQ SURIHV\RQHO GDQñğPDQ
LKWL\DFñQñ GLNNDWH DODQ
PHQWRUE*E SURJUDPñQñQ
¼U¼Q VHUYLV YH Lğ PRGHOL LOH
XOXVODUDUDVñ ¶O§HNWH E¼\¼PH
SRWDQVL\HOL WDğñ\DQ DQFDN
$U-*H LQRYDV\RQ \¶QHWLP
NDSDVLWHVL G¼ğ¼N .2%ðȃOHU
L§LQ XOXVODUDUDVñ VWDQGDUWODUD
X\JXQ \HUHO YH XOXVDO LKWL\D§ODUD ¶]J¼ V¼UG¼U¼OHELOLU
YH L]OHQHELOLU ELU GDQñğPDQOñN PHNDQL]PDVñ ROGXßXQX
EHOLUWWL
ð]PLU $%ð*E0 'LUHNW¶U¼ 'U &DQDQ $UñNED\
GD HNRQRPLQLQ GLQDPLßLQL
ROXğWXUDQ N¼§¼N YH RUWD
¶O§HNOL LğOHWPHOHULQ .2%ð
JHOHFHßH J¼YHQOH \RO DODELOPHOHUL YH NLPLQOH LğELUOLßL
\DSDELOHFHNOHULQL VDßOD\DFDN UHKEHU ROPD KHGHʈ LOH
\ROD §ñNWñNODUñQñ YXUJXODGñ
'U $UñNED\ Ȇ D\OñN SURMH
V¼UHVLQFH ¶QFH PHQW¶UO¼N
KL]PHWL YHUHELOPH SRWDQVL\HOLQH VDKLS NLğLOHU SURMH\H
¶]J¼ JHOLğWLULOHQ PHQWRUE*E
0HQW¶UO¼N EßLWLP 7HVWL YH
P¼ODNDWODUOD PHQW¶U VH§LP
NULWHUOHUL GRßUXOWXVXQGD
EHOLUOHQGL PHQW¶U DGD\ñ
VDDWOLN HßLWLP SURJUDPñQD
DOñQGñ YH PHQW¶UO¼N ELOJL YH
ELULNLPL JHOLğWLULOGL 0HQW¶U-
O¼N KL]PHWLQGHQ \DUDUODQDFDN ʈUPDODUñQ LVH GDKD ¶QFH
ELU $U-*H YH \HQLOLN GHVWHßLQH EDğYXUPXğ YH DQFDN
GHVWHN DOPDPñğ ROPDVñ YH
EHOLUOL ELU $U-*H N¼OW¼U¼QH
VDKLS ROPD ğDUWñ DUDQGñȇ GL\H
NRQXğWX
Y(NúLúKdú A70OS)(R
E E%ð/7E0 772 0¼G¼U¼ 3URI 'U )D]LOHW 9DUGDU
6XNDQ LVH E%ð/7E0772 WDUDIñQGDQ ¼ONHPL]H
YH E¶OJHPL]H X\DUODQPñğ
RODQ <HQLOLN '¼]H\ 7HVWL
LOH FLYDUñQGD ʈUPDQñQ
EDğYXUGXßX SURMHGH \LQH
ʈUPDODUD ¶]HO PHQWRUE*E
YH \¼]\¼]H J¶U¼ğPHOHU X\JXODQGñßñQñ V¶\OHGL 6¼NDQ
Ȇ7%ð7$.ȃñQ 3URJUDPñ NDSVDPñQGD D§ñODQ Ȇ]HO
6HNW¶U )LUPDODUñQñQ $U-*H
YH <HQLOLN .DSDVLWHVLQL $UWñUPD\D <¶QHOLN 0HQW¶UO¼N
0HNDQL]PDVñ *HOLğWLULOPHVL
YH 8\JXODQPDVñȇ §DßUñVñ
NDSVDPñQGD JHOLğWLULOHQ
SURJUDPñQ .2%ðȃOHULQ $U
*H YH \HQLOLN IDUNñQGDOñßñQñQ
DUWPDVñQD $U- *H YH \HQLOLN
N¼OW¼U¼Q¼Q ROXğPDVñQD NDWNñ
VDßODGñßñQñ EHOLUWHUHN ȆQLYHUVLWH VDQD\L LğELUOLNOHULQLQ
DUWñğñQñQ GD KHGHʉHQGLßL
SURMH LOH PHQW¶UO¼N KL]PHWLQH VWDQGDUW JHOPHVL VDßODQñUNHQ .2%ðȃOHU L§LQ \HQLOLN§L
ELU DWPRVIHU \DUDWWñßñQñȇ
YXUJXODGñ
Olivin Zeytincilik:
6RIUDOñN =H\WLQGH 7X]
2UDQñQñQ $]DOWñOPDVñ SURMHVL
7%ð7$.-7E<'E% .2%ð $U-*H %DğODQJñ§
'HVWHN 3URJUDPñ NDSVDPñQGD 7%ð7$.ȃWDQ ELQ
OLUDOñN E¼W§H GHVWHßL DOGñ 1LWHOLNOL HOHPDQ L§LQ \DNODğñN
ELQ OLUD ¶GHQL\RU
*iltağ *enel 3a]arlama ve Ticaret: 2797
'HVWHNOL $NñOOñ 0¼ğWHULU¼Q
<¶QHWLP YH QHUL 6LVWHPL
7%ð7$.-7E<'E% .2%ð $U-*H %DğODQJñ§ 'HVWHN 3URJUDPñ NDSVDPñQGD
ELQ OLUDOñN GHVWHN DOñ\RU
ðnka <aSñ .imyaVallarñ: 7DUñPVDO EQG¼VWUL $WñN YH
$WñN 6XODUñQñQ %HWRQ .LP\DVDO .DWNñODUñ UHWLPLQGH
.XOODQñPñQñQ $UDğWñUñOPDVñ
SURMHVL 7%ð7$.-7E<'E%
.2%ð $U-*H %DğODQJñ§
'HVWHN 3URJUDPñȃQGDQ ELQ OLUDOñN E¼W§H GHVWHßL DOGñ
)DUNOñ ND\QDNODUGDQ WHPLQ
HGLOHFHN DWñN YH DWñN VXODUñQ
\DSñ VHNW¶U¼QGH NXOODQñODQ
YH EHWRQ NLP\DVDO NDWNñODUñ
RODUDN DGODQGñUñODQ NLP\DVDO
NDWNñODUñQ KD]ñUODQPDVñQGD
NXOODQñPñQñQ DUDğWñUñOPDVñ GD
.26*E% $U-*H ðQRYDV\RQ
YH EQG¼VWUL\HO 8\JXODPD
'HVWHN SURJUDPñ NDSVDPñQGD \DNODğñN ELQ OLUDOñN
GHVWHN DOñ\RU
Te-Ta Teknik Tarñm:
7DUñP DODQñQGD IDDOL\HW J¶VWHUHQ ʈUPDQñQ 6¼W +D\YDQFñOñßñ 6DßñP 6LVWHPOHULQLQ
EQHUML YH 6X 7DVDUUXIXQX
+HGHʉH\HQ 2WRPDWLN
6WHULOL]DV\RQ YH <ñNDPD
7HNQRORMLVLQLQ *HOLğWLULOPHVL
SURMHVL 7%ð7$.-7E<'E% .2%ð $U-*H
%DğODQJñ§ 'HVWHN 3URJUDPñ
NDSVDPñQGD ELQ OLUDOñN
E¼W§H GHVWHßLQH OD\ñN J¶U¼OG¼ .2%ð .XUXPVDOODğPD
3URMHVL GH .26*E%ȃGHQ
ELQ OLUDOñN GHVWHN DOñ\RU
'LßHU EDğYXUXODUñQ VRQX§ODUñ LVH NDSDQñğ UDSRUX LOH
ELUOLNWH D§ñNODQDFDN
%AûARILI 3RO-(L(R
D\OñN SURMH V¼UHFL L§LQGH PHQWRUEJH SURJUDPñQD
NDWñODQ ʈUPDODUGDQ SURMHOHUL
EDğDUñOñ RODQODU LVH ğ¶\OH
5S Makina Sanayi ve
Ticaret: +LGUROLN .RQWH\QHU
'ROXP YH %RğDOWñP 3ODWIRUPX 7DVDUñP YH *HOLğWLULOPHVL
3URMHVL 7%ð7$.ȃWDQ ELQ OLUDOñN GHVWHN DOGñ NLğLQLQ LVWLKGDPñ GD \LQH SURMH
E¼W§HVL NDSVDPñQGD WHPLQ
HGLOL\RU
EKùM 2015 43
HABER
E
SunD\ ANÖn’GDn EBS2’GD
´D\GÖnlDnmD tDrLKLµ GerVL
JH %¶OJHVL 6DQD\L
2GDVñ 9DNIñ .DGñQODU
%LUOLßL FXPKXUL\HWLQ
NXUXOXğXQXQ \ñOG¶Q¼P¼
HWNLQOLNOHUL NDSVDPñQGD
DUDğWñUPDFñ \D]DU YH ğDLU
6XQD\ $NñQȃñ NRQXN HWWL
E%62 0HFOLV 6DORQXȃQX
GROGXUDQ NRQXNODUD D\GñQODQPDQñQ WDULKL NRQXVXQGD
NHQGLQH KDV ]HQJLQ ¼VOXEX\OD JH§PLğ YH JHOHFHN N¶SU¼V¼ NXUDQ $NñQ
LQVDQODUñQ KHPHQ KHPHQ
KHU J¼Q NDUğñODğWñßñ DQFDN
J¶]GHQ ND§ñUGñßñ D\UñQWñODUD
GHßLQGL .RQXNODUOD SD\ODğWñßñ WHVSLWOHULQL VLQHYL]\RQ
DUDFñOñßñ\OD VXQGXßX EHOJH
QLWHOLßLQGHNL J¶UVHOOHU LOH
GHVWHNOH\HQ 6XQD\ $NñQ
7¼UNL\HȃQLQ VDKLS ROGXßX
N¼OW¼UHO ]HQJLQOLNOHULQ
WRSOXP WDUDIñQGDQ \HWHULQFH
ELOLQPHGLßLQL YXUJXODUNHQ
Ȇ+LVVH VHQHWOHUL EDQND NDVDVñQGD VDNODQñU DPD ¼ONHOHULQ
JHU§HN ]HQJLQOLßL RODQ KLVVL
VHQHWOHULQ VDNODQGñßñ \HUOHU
P¼]HOHUGLU 7RSOXPODU
P¼]HOHUGHQ JH§HUHN D\GñQODQñUODU %LU WRSOXP ¶QFH
NDONñQñS VRQUDGDQ P¼]HOHUL-
44 EKùM 2015
QL NXUPD]ODU QFH P¼]HOHU
NXUXOXU LQVDQODU EXUDODUGDQ
JH§HUHN D\GñQOñßD XODğñUODU
%LU§RN G¼Q\D ¼ONHVLQH J¶UH
WDULKL ]HQJLQOLNOHULPL] KHED
HGLOL\RUȇ GHGL
H(0 GhL'hR'h
H(0 '( 'hûhN'hR'h
'¼Q\D WDULKLQGHQ
DQODWWñßñ LOJLQ§ KLN¢\HOHU YH
FDQODQGñUGñßñ NDUDNWHUOHUOH
VH\LUFLVLQL KHP J¼OG¼UHQ
KHP GH G¼ğ¼QPH\H VHYN
HGHQ $NñQ PLOOL YH LQVDQL
GHßHUOHU ¼]HULQGHQ JH§PLğ
LOH J¼Q¼P¼]¼ NDUğñODğWñUñS
X]XQ \ñOODU \DSWñßñ DUDğWñUPDODU ñğñßñQGD \RUXPODGñ
+D\DWñQ G¼] PDQWñNOD R\QDQDQ ELU GDPD R\XQXQGDQ ]L\DGH KHU DGñPñ G¼ğ¼Q¼OHUHN
DNñOOñ KDPOHOHU \DSñOPDVñ
JHUHNHQ ELU VDWUDQ§ R\XQXQD
EHQ]HGLßL WHPDVñQñ LğOH\HQ
$NñQ Ȇ%¼\¼N ELU VDWUDQ§
R\XQXQXQ L§LQGH\L] 7DğODUñ
J¶U¼S WDğODUñ ELOLUVHQ KDPOH
\DSDUVñQ 6DWUDQFñ ELOPH\HQ
GDPD R\QDU 'DPDGD DPD§
WDğ \HGLUPHGHQ WDğ \HPHN
\DQL J¼Q¼ NXUWDUPDN +L§
JHOHFHßLQL]H GRßUX \DSñODQ
KDPOH J¶UHELOL\RU PXVXQX]" %L]LP NDGDU NHQGL
D\GñQODQPD WDULKLQH YH
LQVDQñQD \DEDQFñ ELU PLOOHW
\RNȇ GL\H NRQXğWX
6XQD\ $NñQȃñQ 7¼UN
%D\UDßñȃQGDNL D\-\ñOGñ]ñQ
¶\N¼V¼ .DQXQL 6XOWDQ
6¼OH\PDQȃñQ §HYUHFL
¼UHWHQ NHVLPOHULQ KDNODUñQñ
NRUX\XFX YH HßLWLPH ¶QHP
YHUHQ \DVDODUñ 2VPDQOñȃGD
UHVLP KH\NHO YH P¼]LN
EDğWD ROPDN ¼]HUH J¼]HO
VDQDWODUD J¶VWHULOHQ ¶]HQ
HOHğWLUHO \DSñWODUD VD\Jñ
3LUL 5HLVȃLQ ¼QO¼ $PHULND
KDULWDVñQñQ 7RSNDSñ 6DUD\ñ
UHVWRUDV\RQX VñUDVñQGD
EXOXQPDVñ 7DNVLPȃGHNL
&XPKXUL\HW $QñWñȃQñQ
¶\N¼V¼ KDWWD ȃOX
\ñOODUGD KHP GH 7DNVLP
0H\GDQñȃQGD LON RFXN
+DNODUñ %LOGLUJHVLQLQ 7¼UN
ELU ¶ßUHWPHQ WDUDIñQGDQ
\D]ñOGñßñQñ YH RNXQPDVñ
7¼UNL\H &XPKXUL\HWLȃQLQ
NXUXFXVX 8OX QGHU
0XVWDID .HPDO $WDW¼UNȃ¼Q
GDKD JHQ§ ELU ]DELW ROGXßX G¶QHPGHQ .XUWXOXğ
6DYDğñȃQGDNL DQñODUñ KDWWD
JHOHFHßH ñğñN WXWDQ GDYUDQñğODUñ 7¼UN P¼KHQGLVOHULQ
EXJ¼Q X§DN ¼UHWLPLQH LOKDP
YHUHQ KDYDFñOñN DODQñQGDNL
§DOñğPDODUñ $YUXSDȃGD ¶]J¼UO¼N YH KXNXNXQ ʈNLUOHULQLQ \HUOHğPHVLQGH $OPDQ\D
.UDOñ )UHGHULFN LOH ¼QO¼
G¼ğ¼Q¼U 9ROWDLUHȃQLQ GRVWOXßXQD YDUñQFD\D NDGDU LOJLQ§
DQHNGRWODUñ L]OH\HQOHUL
E¼\¼OHGL
KAøNI'AN 8dAøA
Ȇ7DULKWH ELU PLOOHW \RN
NL \ñOñQGD \ROODUñQGD
NDßQñ\OD JLGHUNHQ \ñO
HABER
VRQUD RWRPRELO \DSVñQȇ
GL\HQ 6XQD\ $NñQ V¶]OHULQL
ğ¶\OH V¼UG¼UG¼
Ȇ.DßQñGDQ \ñO VRQUD
X§DN \DSWñN 7¼UNL\H
)UDQVDȃGDQ VRQUD HQ E¼\¼N
X§DN LKUDFDW§ñVñ ROGX 0RWRUXQD NDGDU EL] \DSWñN %X
X§DNODU - \ñOODUñ
DUDVñQGD 'DQLPDUNDȃQñQ
NX]H\LQGH DPEXODQV X§DN
RODUDN NXOODQñOGñ ĞLPGL
'DQLPDUND 0¼]HVLȃQGH VHUJLOHQHQ X§DßñQ DGñ 7¼UNOHU
%XJ¼QOHUGH \HUOL RWRPRELO
¼UHWLPLQL WDUWñğñ\RUX] ðğWH
ELULOHULQLQ N¶W¼ J¶VWHUGLßL
ȃODUñQ FXPKXUL\HWL
EXGXUȇ
KA'INLAR'AN
%úRLúK 0(SA-I
E%62 9DNIñ .DGñQODU %LUOLßL %DğNDQñ ðKVDQ
]GXUDQ GD NRQXğPDVñQGD ELUOLN PHVDMñ YHUGL +D]LUDQ VH§LPOHULQGHQ EX
\DQD 7¼UNL\H J¼QGHPLQLQ
.DVñPȃGD WHNUDU VH§LP
\DSñOPDVñ NDUDUñ DUGñ DUNDVñ
NHVLOPH\HQ WHU¶U ROD\ODUñ
YH ğHKLW KDEHUOHUL YDWDQ
VHYJLVL \XUWWDğOñN ELOLQFL YH
WHN ED\UDN DOWñQGD \DğDPDQñQ Nñ\PHWLQL KDWñUODWDQ
P¼OWHFL KDEHUOHUL LOH PHğJXO
ROGXßXQX LIDGH HGHQ ]GXUDQ Ȇ+L§ELU HWQLN D\UñP
YH WDQñPOD D\UñğWñUñOPDPñğ
K¼UUL\HW YH LVWLNODO L§LQ
ELUOLNWH FHSKHGHQ FHSKH\H
NRğPXğ EX YDWDQñQ §RFXNODUñ QDVñO ROXU GD ELUELULQH
G¼ğPDQ RODELOLU"ȇ GL\H
NRQXğWX
ðKVDQ ]GXUDQ FXPKXUL\HWLQ \RO KDULWDVñQGD
$WDW¼UNȃ¼Q ȆðVWLNODO LVWLNEDO
YH K¼UUL\HW DGDOHWOH NDLPGLUȇ V¶]¼Q¼ KDWñUODWñUNHQ
ȆßUHQFLOLN \ñOODUñPñ]GD
GHUV RODUDN DGGHWWLßLPL]
8OX QGHULPL]LQ E¼\¼N
QXWNX LOH JHQ§OLßH KLWDEHVL
EHOOHNOHULPL]GH FDQODQDUDN
]DPDQ L§LQGHNL \HULQL DOñUNHQ EX PXD]]DP ¶QJ¶U¼Q¼Q JHU§HN YH §RN E¼\¼N
ELU GHUV ROGXßXQX DQODPDNWD JH§ NDOPñğñ] 'HPHN NL
GHUVLPL]L L\L §DOñğPDPñğñ]ȇ
GHGL
<RrJDnFÖlDr 2\unu]u NullDnÖn
(JH%|OJHVL6DQD\L2GDVÖ<|QHWLP.XUXOX%DûNDQÖ
(QGHU<RUJDQFÖODUYDWDQGDûODUD.DVÖPVHoLPOHULQGH
R\ODUÖQÖNXOODQPD\DoDøÖUGÖ
(JH%|OJHVL6DQD\L2GDVÖ9DNIÖ.DGÖQODU%LUOLøL·QLQ
&XPKXUL\HW%D\UDPÖNXWODPDODUÖNDSVDPÖQGD\D]DU
YHûDLU6XQD\$NÖQ·ÖDøÖUODGÖøÖWRSODQWÖQÖQDoÖOÖûÖQGD
NRQXûDQ<RUJDQFÖODUONHQLQLoLQGHEXOXQGXøX
GXUXPX|]HWOH\HUHN.DVÖPVHoLPOHULQHNDWÖOÖP
RUDQÖQÖ\NVHOWPHNLoLQVDQGÖNoDøÖVÖ\DSWÖ(QGHU
<RUJDQFÖODUûXQODUÖV|\OHGL
´hONHPL]oRNNULWLNJQOHUGHQJHoL\RU
.DUGHûLQNDUGHûHYXUGXUXOGXøX|OGUOGø
WDKDPPOV]OøQVWVHYL\H\HoÖNWÖøÖLQVDQODUÖQ
ELUELUOHULQLDQODPDNWDQ]L\DGHDQODPDPDNLoLQoDED
VDUIHWWLøLELUVUHoWHQJHoL\RUX]+LoNLPVHQLQ
ELUELULQHWDKDPPONDOPDGÖ<DQOÖûODUÖPÖ]ÖG]HOWPHN
LoLQoDEDJ|VWHUPL\RUX]$PDEL]LPELUDYDQWDMÖPÖ]
YDU*D]L0XVWDID.HPDO$WDWUN·QEL]OHUHEÖUDNWÖøÖ
&XPKXUL\HW¬%L]LP2·QXQGûQFHOHULQLDQODPDPÖ]
JHUHNL\RUúLND\HWHWPHNKHSLPL]LQKDNNÖDPDEXQXQ
o|]PVDQGÖNWDQJHoL\RUµ
+D]LUDQVHoLPOHULQHNDWÖOÖPRUDQÖQÖQ\]GH
G]H\LQGHNDOGÖøÖQDGDGLNNDWoHNHQ(%62<|QHWLP
.XUXOX%DûNDQÖ<RUJDQFÖODU´+HSLPL]
.DVÖPVHoLPOHULQGHYDWDQGDûOÖNJ|UHYLPL]L\HULQH
JHWLUPHOL\L]+D]LUDQ·GDNL\]GH·OLNNDWÖOÖP
RUDQÖQÖQGLøHUONHOHUGHNLJLELHQD]\]GH·ODUÖQ
]HULQHoÖNPDVÖJHUHNL\RUµGHGL
EKùM 2015 45
ME&/ùS
Esen’den
meclis
temennileri
i
E
JH %¶OJHVL 6DQD\L
2GDVñ 0HFOLV %DğNDQñ 6DOLK EVHQ D§ñOñğ
YH EDğNDQOñN VXQXğODUñQGD
WRSODQWñ\D WHğULʉHULQGHQ
GROD\ñ 3URI 'U EUJ¼Q
$\EDUVȃD WHğHNN¼U HGHUNHQ
L§LQGH EXOXQGXßXPX] ]RUOX
G¶QHPGH WRSOXPVDO EDUñğ
DGñQD $\EDUVȃñQ GHßHUOL
J¶U¼ğOHULQH YH ELOJL ELULNLPLQH EDğYXUPD JHUHNOLOLßLQL
\HQLGHQ RUWD\D NR\GXßXQX
GLOH JHWLUGL
E\O¼OȃGH ð]PLUȃLQ NXUWXOXğXQXQ VDGH ELU W¶UHQOH
NXWODQGñßñQñ GLOH JHWLUHQ
EVHQ KHUNHVLQ JH§PLğ .XUEDQ %D\UDPñQñ ELU NH] GDKD
NXWOD\DUDN EXQGDQ VRQUDNL
J¼QOHULPL]LQ YH ED\UDPODUñPñ]ñQ JHU§HNWHQ ED\UDP
WDGñQGD JH§PHVLQL YH FRğNX\OD NXWODQPDVñQñ WHPHQQL
HWWL EVHQ D\UñFD 0XVHYLOHULQ JH§PLğ Ȇ<RP .LSSXUȇ
ED\UDPñQñ GD NXWODGñ
46 EKùM 2015
7(RgR( KARûI %úRLúK
EVHQ E\O¼O &XPD J¼Q¼ JHU§HNOHğWLULOHQ Ȇ7HU¶Uȇ ¶]HO J¼QGHPOL
WRSODQWñGD WHU¶UH GDLU
GX\GXNODUñ ¶INH YH J¶U¼ğOHUL SD\ODğWñNODUñQñ EDUñğñQ
\HQLGHQ WHVLV HGLOPHVL
JHUHNWLßLQL YXUJXODGñNODUñQñ
EX EDßODPGD WRSODQWñ\D
¶QHP YHUHQ NDWñOñPODUñQñ
HVLUJHPH\HQ W¼P PHFOLV
¼\HOHULQH WHğHNN¼U HWWLßLQL
V¶\OHGL %D\UDPGD GDKL
KDLQFH VDOGñUñODUñQñ V¼UG¼UHQ
WHU¶U ¶UJ¼W¼Q¼ ELU NH] GDKD
ğLGGHWOH NñQD\DQ ğHKLWOHULPL]H $OODKȃWDQ UDKPHW
DLOHOHULQH VDEñU YH EDğVDßOñßñ GLOHGL 7¼P ðVODP
¢OHPLQL \DVD ERßDQ KDF
IDFLDVñQGD KD\DWñQñ ND\EHGHQ KDFñODUñPñ]D $OODKȃWDQ
UDKPHW GLOH\HQ EVHQ
0¼VO¼PDQ ¢OHPLQLQ LQVDQ
KD\DWñQD YHUGLßL ¶QHPH W¼P
G¼Q\DQñQ QH \D]ñN NL ğDKLW
ROGXßXQX QH \DğDQñODQ
NDRVXQ QH GH ¶OHQ KDFñODUñQ
WRSODQPD J¶U¼QW¼OHULQGHNL
YXUGXP GX\PD]OñßñQ ELU
GDKD \DğDQPDPDVñQñ ¼PLW
HWWLßLQL GLOH JHWLUGL
ONHPL]GHNL IDUNOñ
NHVLPOHULQ VLYLO WRSOXP NXUXOXğODUñQñQ WHN \¼UHN ROPD
§DßUñVñ YH NDUGHğOLßH DWñIWD
EXOXQPDODUñQñQ ¼ONHPL]LQ
JHOHFHßL DGñQD §RN ¶QHP
WDğñGñßñQñ LKWL\DFñPñ] RODQ
ELUOLN YH EHUDEHUOLN L§LQGH
KDUHNHW HWPH H\OHPLQLQ
VLODKODUñQ VXVPDVñ YH
ğLGGHWLQ VRQ EXOPDVñQGDNL
HQ E¼\¼N J¼YHQFH ROPDVñ
QHGHQL\OH 72%% YH GLßHU
VLYLO WRSOXP NXUXOXğODUñ
RODUDN $QNDUDȃGD Ȇ7HU¶UH
+D\ñU .DUGHğOLßH EYHWȇ
\¼U¼\¼ğ¼QH NDWñOGñNODUñQñ LIDGH HWWL EVHQ EX W¼U
§DßUñODUñQ VDGHFH XVXOHQ
\DSñOGñßñQñ YH KL§ELU LğH
\DUDPDGñßñQñ LGGLD HGHQ
DQOD\ñğñ NñQDGñßñQñ WHU¶U YH
ğLGGHW H\OHPOHUL NDUğñVñQGD
KL§ELU DGñP DWPD]VDN KHU
V¶\OHPLPL]LQ DQD WHPDVñ
RODQ GDKD GHPRNUDWLN ELU
¼ONH LVWHGLßLPL]GHQ ¶QFHOLNOH NHQGLPL]LQ YD]JH§PLğ
RODFDßñQñ EX GXUXPGD GD
ğLGGHWLQ PHğUXODğPDVñQD
LPN¢Q WDQñQDFDßñQñ EHOLUWWL
6RQ G¶QHPOHUGH §RN
SRS¼OHU KDOH JHOHQ ELU V¶\OHPGH Ȇ'¼Q\D N¶W¼O¼NOHU
\¼]¼QGHQ GHßLO EX N¶W¼O¼NOHUH VHV §ñNDUPD\DQODU \¼]¼QGHQ WHKOLNHOL ELU \HUGLUȇ
LIDGHOHULQLQ \HU DOGñßñQñ
QH \D]ñN NL ED]HQ VXVPDQñQ GXUXPX RQD\ODPDN
DQODPñQD JHOGLßLQL LIDGH\OH
¶]HOOLNOH L§LQGHQ JH§WLßLPL]
]RU V¼UH§WH 7%00ȃQLQ ELU
DQ HYYHO D§ñOPDVñ WDOHSOHULQLQ NDUğñOñN EXOPDGñßñQñ
ENLPȃGH UHVPL RODUDN
D§ñODFDßñQñ DPD EHONL GH
ME&/ùS
VH§LP ¶QFHVL WHODğñQGD \LQH
NDSDQDFDßñQñ V¶\OHGL
(KONO0ú '(
H8=8RS8=
7RSOXPGDNL §DWñğPD
RUWDPñQñQ YH KX]XUVX]OXßXQ HQ ROXPVX] HWNLVLQLQ
\LQH HNRQRPL ¼]HULQGH
\DğDQGñßñQñ Lğ G¼Q\DPñ]ñQ HQ E¼\¼N \DUDODUñQGDQ
RODQ ¶]HO VHNW¶U¼Q G¶YL]
FLQVLQGHQ ERU§ODUñQñQ 7¼UN
/LUDVñȃQñQ 'RODU NDUğñVñQGD
GHßHU ND\EHWPHVL\OH NDWODQDUDN DUWWñßñQñ EX EDßODPGD §DWñğPDODUñQ HNRQRPLN
ER]XOPD\ñ WHWLNOHPHVL YH
HNRQRPLN ER]XOPDQñQ \HQL
§DWñğPD RUWDPODUñQD ]HPLQ
KD]ñUODPDVñ JLEL ELU NñVñU
G¶QJ¼\H JLULOPHVLQLQ ND§ñQñOPD] ROGXßXQX YXUJXODGñ
ENRQRPL\H LOLğNLQ
YHULOHUGH PHYFXW PDQ]DUDQñQ ROXPVX]OXßXQX J¶]OHU
¶Q¼QH VHUGLßLQL VDGHFH
JHULGH EñUDNWñßñPñ] D\OñN
V¼UHGH GDKL NDUğñOñNVñ]
§HN DGHGLQLQ \¼]GH YH
WXWDUñQñQ LVH VñUDVñ\OD \¼]GH
YH \¼]GH RUDQñQGD
DUWPDVñQñQ EXQXQ HQ FDQOñ
¶UQHßL ROGXßXQX V¶\OHGL
%HQ]HU ğHNLOGH SURWHVWR
HGLOHQ VHQHW VD\ñVñQñQ YH
WXWDUñQñQ GD \ñOñQ LON D\OñN
V¼UHFLQGH VñUDVñ\OD \¼]GH YH \¼]GH RUDQñQGD DUWñğ
ND\GHWWLßLQL SURWHVWROX
VHQHW YH NDUğñOñNVñ] §HN
VD\ñVñQGDNL V¶] NRQXVX
DUWñğñQ ERU§ODQPD VRUXQXQXQ YH ROXPVX] HNRQRPLN
JLGLğDWñQ KDONñPñ]ñQ FHELQH
\DQVñ\DQ HQ D§ñN J¶VWHUJHVL
ROGXßXQX GLOH JHWLUGL
ð]PLUȃH LOLğNLQ YHULOHU
LQFHOHQGLßLQGH NHQWLPL]LQ
ERU§OXOXN G¼]H\L D§ñVñQGDQ
¶Q VñUDODUGD \HU DOGñßñQñQ
J¶U¼OG¼ß¼Q¼ ð]PLUȃGHNL SURWHVWROX VHQHW DGHGL
YH WXWDUñQñ ȃLQ LON D\ñQGD VñUDVñ\OD \¼]GH YH \¼]GH RUDQñQGD DUWñğ
J¶VWHUGLßLQL EX EDßODPGD
ð]PLUȃLQ 7¼UNL\HȃGH HQ §RN
SURWHVWROX VHQHW DGHGLQH
YH WXWDUñQD VDKLS ¼§¼QF¼
ğHKLU NRQXPXQGD ROGXßXQX
V¶\OHGL
Gh9(N
KAY%(70(Y(Lú0
6DOLK EVHQ ERU§ NUL]OHUL
ELU WDUDIWDQ LğVL]OLßL N¶U¼NOHUNHQ GLßHU WDUDIWDQ VX§
YH LQWLKDU RUDQODUñQGD DUWñğ
JLEL JHUL G¶Q¼ğ¼ ROPD\DQ
(%620HFOLV
%DûNDQÖ6DOLK
(VHQWRSOXPGDNL
oDWÖûPDRUWDPÖYH
KX]XUVX]OXøXQHQ
ROXPVX]HWNLVLQLQ
HNRQRPL]HULQGH
\DûDQGÖøÖQDGLNNDW
oHNHUNHQ7UN
/LUDVÖ·QÖQGRODU
NDUûÖVÖQGDGHøHU
ND\EHWPHVLQL
NDUûÖOÖNVÖ]oHNVD\ÖODUÖ
YHEXQDNRQXRODQ
SDUDPLNWDUÖQGDNL
SDWODPD\Ö
SURWHVWROX
VHQHWOHUGHNLDUWÖûÖ
|UQHNJ|VWHUGL
(VHQONHPL]LQ
XOXVODUDUDVÖ
DODQGDGDJYHQ
ND\EHWPHPHVL
JHUHNWLøLQLV|\OHGL
ROD\ODUñ GD EHUDEHULQGH
JHWLUGLßLQL RUWD\D §ñNDQ
J¼YHQ ND\EñQñQ \DEDQFñ
\DWñUñPFñODUñQ GD JHUL §HNLOPHOHULQH VHEHS ROGXßXQGDQ
¼ONHPL]LQ XOXVODUDUDVñ DODQGD FLGGL ELU WLFDUL ND\ñS YH
LPDM ]HGHOHQPHVL LOH NDUğñ
NDUğñ\D ROGXßXQX V¶\OHGL
7¼UNL\H VL\DVL J¼YHQOLN
YH HNRQRPL DODQODUñQGD
VñNñQWñOñ ELU V¼UHFLQ L§LQGH\NHQ SRS¼OLVW ELU \DNODğñPOD
WDWLOLQ J¼QH §ñNDUñOPñğ
ROPDVñQñ D§ñN§DVñ DQODPDNWD ]RUODQGñßñQñ EX NDGDU
X]XQ ELU V¼UHQLQ HNRQRPL\H
JHWLUGLßL \¼NOHUL J¶] DUGñ
HGHPH\HFHNOHUL ELU G¶QHPGH ROXQGXßXQX EHOLUWWL
(%SO AúL(Sú
0HFOLV \HVL 'DYXW
<DQñNȃñ WRUXQXQXQ V¼QQHWL QHGHQL\OH WHEULN HGHQ
EVHQ 0HFOLV \HVL 0HVXW
.DQDWȃñQ .D\ñQSHGHULQLQ
YHIDW HWWLßLQL V¶\OH\HUHN
DOODKWDQ UDKPHW DLOHOHULQH
YH \DNñQODUñQD EDğVDßOñßñ
GLOHGL 0HFOLV \HVL ]HU
.¼§¼NJ¶Oȃ¼Q N¼§¼N ELU
RSHUDV\RQ JH§LUGLßLQL
EHOLUWHQ EVHQ JH§PLğ ROVXQ
GLOHNOHULQL LOHWWL
EKùM 2015 47
ME&/ùS
E
dLoeNoL’Gen \enL VDnD\L
reIRrmu LVteøL
JH %¶OJHVL 6DQD\L
2GDVñ <¶QHWLP .XUXOX %DğNDQ 9HNLOL
EUGRßDQ L§HN§L ¼ONHPL]GH \DğDQDQ WHU¶U ROD\ODUñ
¼]HULQH EJH %¶OJHVL 6DQD\L
2GDVñ §DWñVñ DOWñQGD RODßDQ¼VW¼ ELU PHFOLV WRSODQWñVñ
\DSñOGñßñQñ \RßXQ ELU
NDWñOñPOD JHU§HNOHğWLULOHQ
WRSODQWñQñQ DFñ\ñ SD\ODğPDN
L§LQ ELU DUD\D JHOPHQLQ
LğDUHWL ROGXßXQX LIDGH\OH
NDWñODQ W¼P ¼\HOHUH <¶QHWLP .XUXOX DGñQD WHğHNN¼U
HWWL
72%%ȃXQ §DßUñVñ LOH VLYLO WRSOXP NXUXOXğXQXQ
P¼ğWHUHN G¼]HQOHGLßL
$QNDUDȃGDNL Ȇ7HU¶UH
KD\ñU NDUGHğOLßH HYHWȇ
48 EKùM 2015
\¼U¼\¼ğ¼QH NDWñOGñNODUñQñ
WHU¶U¼ WHN VHV WHN \¼UHN
LOH ODQHWOHGLNOHULQL
EDUñğ LVWHGLNOHULQL EXQX
DVOñQGD \ñOODUGñU GLOH
JHWLUGLNOHULQL V¶\OH\HQ
L§HN§L 3.. VLODKñQñ
ğDUWVñ] EñUDNPDGñßñ WDNGLUGH
EX PHVHOH\L 3..ȃQñQ
LVWHGLßL WDU]ñ LOH §¶]PHVLQLQ
LPN¢QVñ] ROGXßXQX EHOLUWWL
%XJ¼Q +'3ȃQLQ
7¼UN GHPRNUDVLVL L§LQ
\DSDELOHFHßL §RN ğH\
EXOXQGXßXQX .¼UW
YDWDQGDğñ OHKLQH GHPRNUDVL
L§LQGH HOGH HGHFHßL QH YDUVD
VDYXQPDVñQñQ +'3 RODUDN
PHFOLVWH \HU DODELOPHVL L§LQ
WHN \RO ROGXßXQX WHU¶UL]P
(%62<|QHWLP
.XUXOX%DûNDQ9HNLOL
(UGRøDQdLoHNoL
VDQD\LFLOHURODUDN
.DVÖPVHoLPOHULQLQ
DUGÖQGDQROXûDFDN
KNPHWWHQ
HQ|QHPOL
EHNOHQWLOHULQLQ
VDQD\LUHIRUPX
ROGXøXQXV|\OHGL
dLoHNoL´<HQLVDQD\L
UHIRUPXXPXWYHULU
PLWYHULUµGL\H
NRQXûWX
GHVWHNOHQHUHN LOHUOHQPHN
LVWHQL\RUVD 7¼UNL\HȃGH
\DSñODFDN VH§LPOHUGH
DODFDßñ R\ RUDQñQñQ \¼]GH
-ȃX JH§PH\HFHßLQL WHU¶U
GHVWHNOHQHUHN EX ¼ONHQLQ
E¶O¼QPHVLQLQ P¼PN¼Q
RODPD\DFDßñQñ QLWHNLP
3..ȃQñQ \ñOñQGD
EXQX §RN QHW ¶ßUHQGLßLQL
ȃGH ELU GDKD
¶ßUHQHFHßLQL GLOH JHWLUGL
L§HN§L 7¼UNL\HȃQLQ
§¶]¼P V¼UHFL LOH §RN FLGGL
EDUñğ RUWDPñ \DUDWWñßñQñ
EXQX GHQHGLßLQL NL
%DWñ G¼Q\DVñQñQ GD EX
\DNODğñPODUñPñ]ñ SR]LWLI
NDUğñODGñßñQñ KHUNHVLQ EX
LğWHQ ELU VRQX§ §ñNDFDN GL\H
¼PLW HGHUNHQ +D]LUDQȃGDQ
ME&/ùS
VRQUD PDDOHVHI KL§
EHNOHQLOPH\HQ KDGLVHOHULQ
PH\GDQD JHOGLßLQL
V¶\OHGL <DğDQDQODU
J¶] ¶Q¼QH DOñQGñßñQGD
¶Q¼P¼]GHNL V¼UH§WH .DVñP VH§LPOHULQLQ JHU§HN
GHßHUL LOH DOJñODQPDVñQñQ
¶QHP WDğñGñßñQñ +'3ȃQLQ
§L]HFHßL SROLWLND LOH UHQJLQL
EHOOL HWPHVL JHUHNWLßLQL
EXQX \DSPDGñßñ WDNGLUGH
DWñODFDN \¼]GH --
R\XQ 7¼UNL\Hȃ\L §RN
HWNLOH\HFHßLQL §¼QN¼ L§LQGH
EXOXQGXßXPX] GXUXPXQ
VDGHFH ELU WHU¶UL]P PHVHOHVL
ROPDGñßñQñ GHPRNUDVL
YH ¶]J¼UO¼N DGñQD
JHOHFHßLPL]LQ PHVHOHVL
ROGXßXQX YXUJXODGñ
*¼QH\GRßXȃGD WDQH VLYLO WRSOXP ¶UJ¼W¼Q¼Q
JD]HWH LODQODUñ YHUHUHN
Ȃ\HWHU DUWñN VLODK EñUDN
3..ȃ §DßUñVñ \DSWñNODUñQñ
.¼UW YDWDQGDğODUñPñ]ñQ
EX PHVHOH\H VDOW PLOOL
VRQX§ EHNOH\HUHN
EDNPDODUñ GHYULQLQ §Dß
Gñğñ ROGXßXQX \ñO HYYHO
VRO GRNWULQ LOH EDğOD\ñS
.¼UW PLOOL\HW§LOLßLQH G¶QHQ
\DNODğñPñQ EXJ¼Q L§LQ EX
NDGDU D§ñN YH QHW E¶O¼F¼
ELU \DNODğñPñQ GHPRNUDVL
LOH EDßGDğPDGñßñQñ
GLOH JHWLUGL .¼UWOHUOH
7¼UNOHULQ EX ¼ONHGH
W¼P KXNXN KDNODUñQGD
HğLW ROGXßXQX E¶\OHVLQH
HğLW ROXQDQ ELU \HUGH
EX WDU] ELU PLOOL\HW§LOLN
\DSñODPD\DFDßñQñ V¶\OHGL
EUGRßDQ L§HN§L EXJ¼Q
PLO\RQ HYODGñPñ]ñQ
RNXOGD HßLWLP J¶UG¼ß¼Q¼
KHU \ñO ELQ JHQFLQ Lğ
KD\DWñQD DWñOPDN L§LQ PH]XQ
ROGXßXQX ¼ONH JHQHOLQGH
RODQ LğVL]OLN RUDQñQñQ
PDDOHVHI 7¼UNL\HȃQLQ
§¶]¼PH XODğWñUñODPD\DQ
NRQXODUñ DUDVñQGD
\HU DOGñßñQñ V¶\OHGL
7¼UNL\HȃQLQ LVWLKGDP YH
HßLWLP NRQXVXQGD §RN
FLGGL ELU SODQODPD \DSPDVñ
JHUHNWLßLQL ¼ONHQLQ
LKWL\DFñQD J¶UH ¶ßUHQFL
\HWLğWLUPHQLQ ğDUW ROGXßXQX
YXUJXODGñ
KhR(S(L
(KONO0úY( 'úKKA7
ONH RODUDN
\DğDGñNODUñPñ] NDUğñVñQGD
§RN ID]OD NHQGL L§LPL]H
J¶P¼OG¼ß¼P¼]¼ EX
V¼UH ]DUIñQGD N¼UHVHO
HNRQRPLGHQ ELUD]
X]DNODğWñßñPñ]ñ GLOH JHWLUHQ
L§HN§L EX EDßODPGD
ELUD] G¼Q\D HNRQRPLVLQH
GHßLQPHN LVWHGLßLQL V¶\OHGL
&LWLJURXSȃXQ N¼UHVHO
HNRQRPLQLQ UHVHV\RQD
JLUPH LKWLPDOLQL \¼]GH RODUDN J¶U¼UNHQ ¶]HOOLNOH
LQ HNRQRPLVLQGHNL
\DYDğODPD\D YXUJX
\DSWñßñQñ )LWFKȃLQ
HNRQRPLN E¼\¼PHQLQ
\DYDğODPDVñ YH E¼W§H
D§ñNODUñQñQ DUWPDVñQGDQ
GROD\ñ JHOLğHQ ¼ONH
HNRQRPLOHUL L§LQ QRW
LQGLULPL ULVNLQL J¼QGHPH
JHWLUHUHN G¼Q\D WLFDUHWLQLQ
N¼§¼OG¼ß¼Q¼ EHOLUWWLßLQL
0F.LQVH\ .¼UHVHO
EQVWLW¼V¼ȃQ¼Q ELQ
´.UHVHO
HNRQRPLX]XQ
VUHGLUGDUDOPD
LoHULVLQGHYHWP
HNRQRPLOHUGHEX
HWNLEDUL]ûHNLOGH
J|UO\RU·LQ
LNLQFLoH\UHøLQGH
\]GH
E\GN9HULOHUL
LQFHOHGLøLPL]GHLo
WDOHSND\QDNOÖELU
E\PHQLQ|QH
oÖNWÖøÖQÖJ|U\RUX]
hUHWLPYHLKUDFDWOD
E\PHVLJHUHNHQ
7UNL\HKDOD
WNHWLPOHE\PH\H
GHYDPHGL\RU%X
RUWDPGDVHoLPOHUH
JLGL\RUX]µ
ğLUNHW ¼]HULQGH \DSWñßñ ELU
DUDğWñUPDGD ğLUNHWOHULQ
N¢UODUñQñQ ]LUYH\L J¶UP¼ğ
RODELOHFHßLQL JHOLğHQ
¼ONH ğLUNHWOHULQLQ GHYUH\H
JLUPHVL\OH WHNQRORMLN
JHOLğPHOHU YH DUWDQ
LğJ¼F¼ PDOL\HWOHULQLQ
JHOHFHN \ñOOñN V¼UH§WH
N¢UODUñQ E¼\¼PHVLQL DğDßñ
§HNHELOHFHßLQL D§ñNODGñßñQñ
EHOLUWWL
E%62 <¶QHWLP
.XUXOX %DğNDQ 9HNLOL
L§HN§L HNRQRPL\H
LOLğNLQ KD]ñUODQDQ WDEORODUD
EDNWñßñQGD ¼UNW¼ß¼ L§LQ
J¼OPH\H EDğODGñßñQñ
LIDGH\OH \ñOñQñQ
LNLQFL §H\UHßLQGH \¼]GH
E¼\¼\HQ 7¼UNL\HȃQLQ
+LQGLVWDQ LQ YH
EQGRQH]\DȃQñQ DUGñQGDQ
VñUDGD \HU DOGñßñQñ \¼]GH
ȃLQ DOWñQGDNL E¼\¼PHQLQ
LVWLKGDP \DUDWPD YH \DWñUñP
RODQDNODUñ NRQXVXQGD
VñNñQWñ DQODPñQD JHOGLßLQL
V¶\OHGL * ¼ONHOHULQLQ
\ñOñQ LON LNL §H\UHßLQGHNL
LKUDFDW GHßLğLP RUDQODUñQD
EDNñOGñßñQGD D]DODQODU
NDWHJRULVLQGHNL 7¼UNL\HȃQLQ
LKUDFDWñQGDNL \¼]GH D]DOñğOD L\LOHU DUDVñQGD
¼§¼QF¼ VñUDGD \HU DOGñßñQñ
LQȃLQ LKUDFDWñQGD N¼§¼OPHVLQLQ G¼Q\D
JHQHOLQGH HWNLOHğLPH
QHGHQ ROGXßXQX §¼QN¼
FLGGL DQODPGD ELU PDGHQ
DOñPñ EXOXQGXßXQX SHWURO
W¼NHWLPL D]DOñQFD 6XXGL
$UDELVWDQ YH 5XV\DȃQñQ
GD LKUDFDWñQGD JHULOHPH
\DğDQGñßñQñ YXUJXODGñ
EKùM 2015 49
ME&/ùS
g=(L S(K7gR
'(S7(KL(N0(Lú
%¼\¼PH RUDQñ YH
\DWñUñPODUñQ HWNLOHULQH
LOLğNLQ KD]ñUODQDQ VOD\Wñ
0HFOLV \HOHUL LOH SD\ODğDQ
L§HN§L NDPX VHNW¶U¼Q¼Q
\DSWñßñ \DWñUñPODUñQñQ ¶]HO
VHNW¶U¼Q E¼\¼PHVL\OH
KL§ELU LOJLVL EXOXQPDGñßñQñ
¼ONH E¼\¼PHVLQL
¶]HO VHNW¶U¼Q \DSWñßñ
\DWñUñPODUñQ HWNLOHGLßLQL
GROD\ñVñ\OD GHYOHWLQ
\DSWñßñ \DWñUñPODUñQ QHUH\H
ROGXßXQXQ DUDğWñUPD NRQXVX
RODELOHFHßLQL V¶\OHGL 'RODU
YH LKUDFDWWDNL GHßLğLP
WDEORVX LQFHOHQGLßLQGH
GRODU NXUX DUWWñN§D \DQL
7/ GHßHU ND\EHWWLN§H
QH \D]ñN NL LKUDFDWñPñ]ñQ
DUWWñßñQD LOLğNLQ ELU J¶U¼QW¼
ROPDGñßñQñ EHUDEHU
KDUHNHW HWPHVL JHUHNHQ LNL
§L]JLQLQ QH \D]ñN NL JLGHUHN
ELUELULQGHQ NRSWXßXQX
GDUDODQ G¼Q\D SD]DUñQñQ
LWKDODWñQ JLGHUHN SDKDOñ
KDOH JHOPHVLQLQ LKUDFDWñ
GD DğDßñ\D §HNWLßLQL GLOH
JHWLUGL
EUGRßDQ L§HN§L
7¼UNL\HȃQLQ HQ Kñ]Oñ
E¼\¼\HQ ğLUNHWOHULQLQ
LVLPOHULQLQ D§ñNODQGñßñQñ
72%% ¶QF¼O¼ß¼QGH
7E3$9 YH $OO:RUOG
1HWZRUN LğELUOLßLQGH
\DSñODQ 7¼UNL\HȃQLQ
FLURODUñQD J¶UH HQ Kñ]Oñ
E¼\¼\HQ ğLUNHWOHUL \DUñğPDVñ
Ȇ7¼UNL\H ȇ VRQX§ODUñQD
SurL\elLlerL GeøerlenGLreELlLrGLN
7UNL\H·QLQ\ÖOODUGÖU\DûDPÖûROGXøXGLøHUELU
GHUGLQPOWHFLNRQXVXROGXøXQX\NVHNGHøHUOHUL
EXOXQDQELUONHRODUDNPLO\RQPOWHFLQLQ
ONHPL]HDOÖQGÖøÖQÖ\ÖOGÖUHOGHQJHOGLøLQFHGHVWHN
ROXQPD\DoDOÖûÖOGÖøÖQÖDPDDUWÖNEXLQVDQODUÖQ
7UNL\H·GHLû\DSDPDGÖNODUÖJHUHNoHVL\OHONHPL]GHNL
WPLPNDQODUÖNXOODQDUDNEDWÖPHGHQL\HWOHULQH
JLWPH\HoDOÖûWÖNODUÖQÖV|\OHGL
6XUL\HOLPOWHFLOHULQLûKD\DWÖPÖ]GDNL\HUL\OHLOJLOL
RODUDN+DFHWWHSHhQLYHUVLWHVLLOH7ù6.·LQELUoDOÖûPD
JHUoHNOHûWLUGLøLQLEXNRQXGD2GDPÖ]ÖQGD]L\DUHW
HGLOHUHNELOJLDOÖQGÖøÖQÖoDOÖûPDELWWLNWHQVRQUD
KD]ÖUODQDFDNUDSRUXQKNPHWHVXQXODFDøÖQÖV|\OHGL
dLoHNoL7UNL\H·GHELQWDQH6XUL\HOL\H%DNDQODU
.XUXOXNDUDUÖ\ODoDOÖûPDL]QLYHULOGLøLQLDQFDN\HQL
JHOHQOHUHGHoDOÖûPDL]QLYHULOLUVHEXONHGHNDOÖS
JLWPH\HFHNOHULJHUHNoHVL\OHoDOÖûPDL]QLYHULOPHGLøLQL
ED]ÖÀUPDVDKLSOHULQLQLVHLûLL\L\DSWÖNODUÖJHUHNoHVL\OH
NDoDNRODUDN6XUL\HOLPOWHFLoDOÖûWÖUGÖNODUÖQÖLIDGH\OH
VRQXoRODUDNHNRQRPLNELUGHøHULQLKPDOHGLOGLøLQL
V|\OHGL
50 EKùM 2015
J¶UH ð]PLUȃGHQ ʈUPDQñQ
LON ȃGH \HU DOGñßñQñ
OLVWH\H JLUHQ ʈUPDODUñ YH
\HPL] RODQ $U EOHNWURQLN
YH 6XQHO 7LFDUHWL WHEULN
HWWLßLQL V¶\OHGL
.DVñPȃGD \DSñODFDN
VH§LPOHULQ ¼ONHPL] L§LQ
KD\ñUOñ ROPDVñQñ WHPHQQL
HGHQ L§HN§L KX]XUOX ELU
VH§LP ROPDVñQñ GLOHGL
H(Rû(Y LAYIK
OL'8ø8 Y(R(
2NXGXßX ELU
NLWDSWD LQRYDV\RQOD
LOJLOL E¶O¼P E¶O¼P
EDğOñNODU EXOXQGXßXQX
EX EDğOñNODUGDQ ELULQLQ
$EUDKDP /LQFRLQȃXQ
V¶\OHGLßL Ȇ%D]ñ NLPVHOHUL
KHU ]DPDQ KHUNHVL ED]HQ
DOGDWDELOLUVLQL] DPD KHUNHVL
KHU ]DPDQ DOGDWDPD]VñQñ]ȇ
ROGXßXQX NL JDOLED WRSOXP
RODUDN E¶\OH ELU QRNWDGD
EXOXQGXßXPX]X LIDGH HWWL
'LßHU EDğOñNODUñQ
/HRQDUGR %UXQRȃQXQ
V¶\OHGLßL Ȇ*¶POHßLQ LON
G¼ßPHVL \DQOñğ LOLNOHQLQFH
GLßHUOHUL GH \DQOñğ JLGHUȇ
0RQWDLJQHȃLQ V¶\OHGLßL
Ȇ*LGHFHßL OLPDQñ ELOPH\HQH
KL§ELU U¼]J¢UGDQ KD\ñU
JHOPH]ȇ +DOLO &LEUDQȃñQ
V¶\OHGLßL Ȇ+DNLNDWL
DUD\ñS GD RQX LQVDQODUD
D§ñNOD\DQ KHUNHV DFñ
§HNPH\H PDKN»PGXUȇ
0HYODQDȃQñQ V¶\OHGLßL ȆEQ
VRQ DGDOHW KHU ğH\L OD\ñN
ROGXßX \HUH NR\PDNWñU
$\DNNDEñ D\DßñQGñU N¼ODK
EDğñQȇ ROGXßXQX EHOLUWHUHN
Ȇ.¼ODK YH D\DNNDEñQñQ
JHU§HN \HULQL EXOGXßX
ELU 7¼UNL\Hȃ\L ¼PLWOH
EHNOL\RUX]ȇ GHGL
dúd(Kdú KON8LARI
'(ø(RL(N'úR'ú
E%62 0HFOLV \HVL
VDQD\LFLOHULQ J¼QGHPH
JHWLUGLßL NRQXODUñ
GHßHUOHQGLUHQ L§HN§L
6¼KD .DKUDPDQȃñQ GLOH
JHWLUGLßL NRQXQXQ GDKD
¶QFH <¶QHWLP .XUXOXQGD
J¶U¼ğ¼OG¼ß¼Q¼ GLUHNW
RODUDN \DSDELOHFHNOHUL
ELU §DOñğPD ROPDGñßñQñ
DQFDN LOJLOL EDNDQOñN
QH]GLQGH JLULğLPOHUGH
EXOXQXODELOHFHßLQL EHOLUWWL
*¼UFDQ ENOHUȃLQ GLOH
JHWLUGLßL NRQX\OD LOJLOL
ð=72ȃ\D \D]ñ\OD KDOHQ
E%62 ¼\HVL ROGXßXQX
IDDOL\HWLQLQ GHYDP HWWLßLQL
UHȃVHQ ND\ñW \DSñODPD\DFDßñ
EHOLUWLOHELOHFHßLQL V¶\OHGL
ME&/ùS
EKùM 2015 51
ME&/ùS
3rRI Dr A\EDrV Terör VRrunu
GemRNrDVL LoLnGe oö]lmelL
G
HQHONXUPD\ %DğNDQOñßñ $WDW¼UN
$UDğWñUPD 0HUNH]L %LOLP .XUXOX \HVL
3URI 'U EUJ¼Q $\EDUV
0HFOLV \HVL VDQD\LFLOHUL
G¼Q\DGD YH 7¼UNL\HȃGH
WHU¶U NRQXVX KDNNñQGD ELOJLOHQGLUGL 3URI 'U $\EDUV
2VPDQOñȃQñQ JH§PLğWH §ñNDQ
ELU§RN LV\DQñ EDVWñUGñßñQñ
EX LV\DQODUñ EDVWñUDELOPLğ
JH§PLğWH WHU¶UOH EDğDUñ\OD
P¼FDGHOH HWPLğ ELU PLOOHW RODUDN EXJ¼QN¼ WHU¶U
ROD\ODUñQñQ GD ¼VWHVLQGHQ
JHOLQHELOHFHßLQL V¶\OHGL
+DONODUñQ 'HPRNUDWLN
3DUWLVL L§LQGH JH§HQ ȂKDONODUñQȃ NDYUDPñQñQ GD \DQOñğ
ROGXßXQX GLOH JHWLUHQ 3URI
52 EKùM 2015
'U $\EDUV G¼Q\DQñQ HQ
NDUñğñN Q¼IXVOX ¼ONHVL RODQ
$%'ȃGH ELOH ȂKDONODUñQȃ
NDYUDPñ ROPDGñßñQñ ȂWHN ELU
KDONȃ YXUJXVXQXQ \DSñOGñßñQD GLNNDW §HNWL 3URI 'U
$\EDUV D\UñFD ¼ONHGH ELU
.¼UW VRUXQXQXQ ROPDGñßñQñ
YH EXQGDQ EDKVHGLOHPH\HFHßLQL EHOLUWHUHN HßHU
EDKVHGLOLUVH EXQXQ JH§PLğWH NDUğñPñ]D §ñNDQ D]ñQOñN
VRUXQX JLEL EHQ]HU VRUXQODU
§ñNDUDELOHFHßLQL YXUJXODGñ
3URI 'U $\EDUV VDGHFH
7¼UNL\HȃQLQ GHßLO DVOñQGD
E¼W¼Q G¼Q\D ¼ONHOHULQGH
WHU¶U VRUXQXQXQ KHS ROGXßXQX ]LUD WHU¶U NRQXVXQXQ
GD G¼Q\D WDULKL NDGDU HVNL\H
GD\DQGñßñQñ DPD LON ¶UJ¼WO¼
WHU¶U¼Q +DVDQ 6DEDKȃñQ
NXUGXßX $ODPXWȃGDNL WHU¶U
¶UJ¼W¼ ROGXßXQX V¶\OHGL
7(RgR %h7hN
'hNYANIN SOR8N8
7HU¶U¼Q ¶UJ¼WO¼ ELU ROD\
ROGXßXQX ELU NLğLQLQ \DSWñßñ ROD\ñQ WHU¶U ROD\ñ RODUDN
GHßLO VX§ RODUDN QLWHOHQGLULOGLßLQL GLOH JHWLUHQ $\EDUV
$PHULNDȃGD \ñOñQGD
NXUXODQ NX NOX[ NODQ DGñQGD
VL\DKL NDUğñWñ ñUN§ñ WHU¶U
¶UJ¼W¼Q¼Q ]HQFLOHULQ ¶]J¼UO¼N ND]DQPDODUñ ¼]HULQH
DQD\DVDO KDNODUñQñ NXOODQPDPDODUñ YH VH§LPOHUH
NDWñOPDPDODUñ L§LQ ELU §RN
ROD\ JHU§HNOHğWLUGLNOHULQL NL
EX ROD\ODUñQ ȃOHUGH ELOH
GHYDP HWWLßLQL $PHULNDȃQñQ
EX SUREOHPL §¶]PHN L§LQ
HßLWLPGHQ IHGHUDO SROLVLQ
IDDOL\HWOHULQH NDGDU §RN
ID]OD DODQGD EDğDUñODU J¶VWHUHUHN ROD\ODUñ EDVWñUGñßñQñ
ELU ]HQFL\L GHQHONXUPD\
%DğNDQñ ELU ]HQFL\L 'ñğLğOHUL %DNDQñ YH ELU ]HQFL\L
GH ğX DQ GD ROGXßX ¼]HUH
$%' %DğNDQOñßñQD JHWLUPH\L EDğDUGñßñQñ EHOLUWHUHN
WHU¶U NRQXVXQGD KHPHQ
ELU HQGLğH\H NDSñOPDPDN
JHUHNWLßLQL YXUJXODGñ
3URI 'U $\EDUV ðVWLNODO
6DYDğñ G¶QHPLQGH .RQ\D ðV\DQñ %R]NñU ðV\DQñ
'¼]FH ðV\DQñ GHUHGH %ROX
ðV\DQODUñ <R]JDW ðV\DQñ
DSDQRßOX ðV\DQODUñ 3RQWXV ðV\DQODUñQñQ YH %LQEDğñ
1RHOȃLQ /DZUHQFHȃñQ
\HULQH JHQHO ELU N¼UW LV\DQñ
ME&/ùS
§ñNDUPDN L§LQ $QDGROXȃ\D
J¶QGHULOPHVLQLQ \DğDQGñßñ
G¶QHPGH ¼VWHOLN RUGXPX]
\RNNHQ $WDW¼UNȃ¼Q ¶QGHUOLßLQGH ¶QFH L§ Kñ\DQHWLQ §¶NHUWLOGLßLQL ¼§ \ñOñQ VRQXQGD Gñğ G¼ğPDQD NDUğñ JHQHO
WDDUUX] YH E¼\¼N WDDUUX]
\DSñOGñßñQñ EHOLUWHQ $\EDUV
R J¼QOHUGH ELOH WHU¶UOH LOJLOL
GDKD GD JHQLğ ER\XWWD RODQ
L§ D\DNODQPDODUñ EDVWñUDELOPLğ ELU ¼ONH RODUDN L§LQGH
EXOXQGXßXPX] GXUXPGDQ
NXUWXODELOPHN L§LQ KL§ELU
]DPDQ \ñOPDPDPñ] JHUHNWLßLQL V¶\OHGL
;9, /RXLV ]DPDQñQGD .DWROLN PLV\RQHUOHULQ
$QDGROXȃGD .DWROLNOLßL
\D\PD G¼ğ¼QFHOHULQGH
EDğDUñOñ RODPD\DUDN 2UWRGRNVODUD \¶QHOGLNOHULQL
EXUDGD GD EDğDUñ VDßOD\DPDPDODUñ ¼]HULQH EUPHQLOHUH \¶QHOGLNOHULQL YH
EUPHQL NDWROLNOHğWLUPHVLQLQ
EDğODGñßñQñ EHOLUWWL $\EDUV
ȃGD $PHULNDOñODUñQ
SURWHVWDQ PLV\RQHUOHUL
J¶QGHUHUHN ðVWDQEXOȃGD
7DUVXVȃWD 0HU]LIRQȃGD YH
ELU§RN \HUGH $PHULNDQ
RNXOODUñ 0LV\RQHU RNXOODUñ
.ROHMOHU D§ñOPDVñQñ VDßODGñßñQñ EXQX 2VPDQOñȃQñQ
L§HULVLQGHNL +ULVWL\DQ
D]ñQOñNODUñ SURWHVWDQODğWñUPDN L§LQ \DSWñNODUñQñ DPD
R ]DPDQ \LQH EUPHQLOHULQ
KHGHI DOñQGñßñQñ YH EUPHQL
WRSOXPXQXQ .DWROLNOHU
3URWHVWDQODU YH GUHJRU\HQOHU RODUDN ¼§H E¶O¼QG¼ß¼Q¼
V¶\OHGL ȃGD $OPDQ YH
$PHULNDQ PLV\RQHUOHULQ
ȂEXUDGD N¼UW GL\H ELU YDUOñN
YDU DUDODUñQGD ELUOLN \RN
GLOOHUL DQODğñOñU JLEL GHßLO
\D]ñODUñ \RN DPD LOHULGH
EXQODUGDQ \DUDUODQPDN
P¼PN¼QG¼Uȃ LIDGHOHUL
NXOODQñOGñßñQñ V¶\OHGL
3URI 'U $\EDUV
%DßGDWȃñQ %DVUDȃQñQ
/¼EQDQȃñQ 2VPDQOñ WRSUDNODUñ ROGXßXQX 7¼UNL\H
&XPKXUL\HWL VñQñUODUñ
§L]LOGLßLQGH EX E¶OJHOHULQ
ELU DQGD 7¼UNL\H GñğñQGD
NDOGñßñQñ DPD LOLğNLOHULQ
NRSPDGñßñQñ ED]ñ DOñğNDQOñNODUñQ GHßLğPHGLßLQL QLWHNLP ND§DN§ñOñßñ
HQJHOOH\HPHGLßLPL]L 'RßX
$QDGROX LQVDQñQñQ NR\XQXQX KD\YDQñQñ J¶W¼U¼S VDWñS
NDUğñOñßñQGD LğOHQPLğ PDO
DOPDVñ F¼UP¼Q¼ HQJHOOH\HPHGLßLPL]L EXJ¼Q ELOH KDOD
VñQñUGD DLOHOHULQ ELUELUOHUL\OH
J¶U¼ğW¼ß¼Q¼ V¶\OHGL
(7NúK Kú0Lúø(
GgR( 7ASNú) YOK
\ñOñ EDğñQGD LNL
¶ßUHQFLVLQL VH§HUHN ELULQH
§RN SDUWLOL G¶QHPGH VL\DVDO
LVODP GRNWRUD WH]LQL KXNXN
IDN¼OWHVL PH]XQX ELQEDğñ
RODQ GLßHULQH 3.. GRNWRUD
WH]LQL YHUGLßLQL \ñOñQGD 3.. WH]LQL WDPDPOD\DQ
¶ßUHQFLVLQLQ ELU NRPXWDQñQ
NHQGLVLQH UHVPHQ D§ñNODPDPDN ND\Gñ\OD ELU EHOJH
YHUGLßLQL DPD R EHOJHQLQ
$OPDQ\DȃGD VRNDNWD VDWñOGñßñQñ NRPXWDQD V¶\OHGLßLQGH
NRPXWDQñQ EXQD §RN ğDğñUGñßñQñ GLOH JHWLUGLßLQL V¶\OH\HQ $\EDUV JL]OLOLN QHGLU QH
GHßLOGLU QH NDGDUñQñ NLPOHU
ELOL\RU KDOD DQOD\DPDGñßñQñ
EHOLUWWL $UWñN GRRJOH VD\HVLQGH KHU \HUL WHSHQ L]OH\LS
LVWHQHQ KDULWD\D XODğñODELOGLßLQL JL]OLOLßLQ ROPDGñßñQñ
G¼ğ¼QG¼ß¼Q¼ LIDGH\OH 3..
LOH LOJLOL ¶ßUHQFLVLQLQ KD]ñUODGñßñ WH]L X]PDQODUGDQ
ROXğDQ EHğ NLğLOLN M¼ULQLQ
LQFHOHGLßLQL YH NLWDS RODUDN
EDVñOGñßñQñ V¶\OHGL
3URI 'U $\EDUV \ñOñQGD EOD]ñßȃGD \DSñODQ
ELU VHPSR]\XPGD G¶QHPLQ
0LOOL ðVWLKEDUDW 3VLNRORML
+DUHN¢W 'DLUH %DğNDQ
<DUGñPFñVñQñQ \DQñQD
7DULKWHSHNoRNLV\DQÖ
EDVWÖUPÖûWHU|UOH
JHoPLûWHEDûDUÖ\OD
PFDGHOHHWPLû
7UNL\H·QLQEXJQN
WHU|UROD\ODUÖQÖQ
GDVWHVLQGHQ
JHOHELOHFHøLQL
EHOLUWHQ3URI'U
(UJXQ$\EDUV´úX
DQGD7UNL\H·QLQ
\DûDGÖøÖVÖNÖQWÖ\Ö
GHPRNUDVLLoHULVLQGH
o|]PHVLKHUNHVLQ
WDOHELGLUµGL\H
NRQXûWX
3URI'U$\EDUV
3..·QÖQVÖNÖûWÖøÖQÖ
YHJoND\EHWWLøLQL
V|\OHGL
JHOHUHN Ȇ.¼UW NRQXVXQGDNL
\DNODğñPñQñ] YH ¶]HOOLNOH
ĞH\K 6DLW ðV\DQñ NRQXVXQGDNL \DNODğñPñQñ] SUREOHPL
LQVDQL ER\XWX HOH DOñğñQñ]
EL]LP D§ñPñ]GDQ §RN
ROXPOX EXQX JHOLğWLUHUHN
7¼UNL\H &XPKXUL\HWLȃQGHNL
D\DNODQPDODU ¼]HULQH ELU
PDNDOH NLWDS \D]DU PñVñQñ]"ȇ WHNOLʈQGH EXOXQGXßXQX PHPQXQL\HWOH NDEXO
HWPHVLQLQ DNDELQGH \DSWñßñ
§DOñğPDODUñ ȃGH WH]
KDOLQH JHWLUGLßLQL V¶\OHGL $\Qñ VHQH \LQH 0LOOL
ðVWLKEDUDW 3VLNRORML +DUHN¢W
'DLUH %DğNDQ <DUGñPFñVñQñQ GDYHWL LOH 0ð7 3VLNRORMLN +DUHN¢W 'DLUHVLȃQLQ
WHUWLSOHGLßL ELU NDSDOñ
WRSODQWñ\D NDWñOGñßñQñ WRSODQWñGD LNLVL 7¼UN DVñOOñ ¼§
$PHULNDOñ SURIHV¶U¼Q ELU
$QJORVDNVRQȃXQ ĞHUDIHWWLQ
EO§LȃQLQ NRP¼QLVW ROGXßXQX D§ñN§D V¶\OH\HQ LNL
VHQDW¶U¼Q \HU DOGñßñQñ LNL
J¼Q V¼UHQ YH KHUNHVLQ VHUEHVW§H J¶U¼ğOHULQL SD\ODğWñßñ
WRSODQWñGD ¼VW¼ NDSDOñ ROVD
GD WDOHS HGLOHQ NRQXQXQ
.¼UWOHUH EDßñPVñ]OñN YHULOPHVL ROGXßXQX EHOLUWWL
2\VD JHUHN GHYOHWOHU
DUDVñ KXNXNWD JHUHN %LUOHğPLğ 0LOOHWOHU $QODğPDVñ
3DULV 6¶]OHğPHVL +HOVLQNL
1LKDL 6¶]OHğPHOHULQGH
Ȇ+L§ELU HWQLN JUXS EDßOñ
EXOXQGXßX GHYOHWLQ L§HULVLQGH HWQLN JUXS KDNODUñQñ
GHYOHWWHQ D\UñOñN KDNNñ RODUDN NXOODQDPD]ȇ LIDGHOHULQ
§RN D§ñN§D EHOLUWLOGLßLQL
NRQXQXQ N¼UW VRUXQX RODUDN
DGODQGñUñOGñßñ WDNGLUGH
WñSNñ \\ȃGDNL D]ñQOñNODU
VRUXQX JLEL NDUğñPñ]D JHOHFHßLQL 7¼UNL\HȃQLQ E¶\OH
ELU VRUXQX ROPDGñßñQñ
ðQJLOWHUHȃQLQ ðVNR§\D VRUXQX ðVSDQ\DȃQñQ .DWDODQODU
VRUXQX ROGXßXQX FLGGL DQODPGD VR\NñUñPODU \DSñOGñßñQñ EX \DSñODQODU NDUğñVñQGD KL§ NLPVHQLQ 7¼UNL\Hȃ\H
VR\NñUñPFñ GL\HPH\HFHßLQL
YXUJXODGñ
3URI 'U $\EDUV
&XPKXUL\HWLQ YDWDQGDğñQñ
HWQLN NLPOLßLQH J¶UH WDVQLI
HWPHGLßLQL GHYOHWLQ YDWDQGDğñQñQ KHU W¼UO¼ ELUH\VHO
¶]J¼UO¼ß¼Q¼ \DUJñVñ\OD
SROLVL\OH MDQGDUPDVñ\OD
DVNHUL\OH NRUXPDN L§LQ YDU
ROGXßXQX EX EDßODPGD
7¼UNL\HȃQLQ WHU¶U LOH EDğ
HGHELOHFHßLQL JH§PLğWH
§RN J¼]HO EXQX EDğDUGñßñQñ
VLODKOñ NXYYHWOHULQLQ L§LQGHQ
ELUL RODUDN §RN QHW ELOGLßLQL
V¶\OHGL
3KK SIKIû7I
\ñOñQGDQ LWLEDUHQ
7¼UNL\HȃQLQ LNL DQD VRUXQX
EXOXQGXßXQX ELULQLQ LUWLFD
GLßHULQLQ E¶O¼F¼O¼N ROGXßX-
EKùM 2015 53
ME&/ùS
QX EXQODUñQ ]DPDQ ]DPDQ
Lğ ELUOLßL GH \DSDELOHFHNOHULQL GLOH JHWLUGLßLQL EHOLUWHQ
$\EDUV ȃGHQ VRQUD
VLODKOñ NXYYHWOHULPL]LQ
\DSñVñQñQ GHßLğWLULOGLßLQL
W¼PHQ G¼]H\LQGHNL VLVWHPLQ
GDßñWñODUDN WXJD\ODUD
G¶Q¼ğW¼U¼OG¼ß¼Q¼ RUGXQXQ
VDYDğ J¼F¼Q¼Q DUWWñUñOGñßñQñ
EXJ¼Q DVNHUH JHU§HN \HWNL
YHULOGLßL WDNGLUGH D\GD
WHU¶U¼Q GLEH YXUGXUXODFDßñQñ §¼QN¼ WHU¶U¼Q WDPDPHQ ELWPHVLQLQ P¼PN¼Q
ROPDGñßñQñ XIDFñN ELU
IñUVDW \DNDODGñNODUñ WDNGLUGH
H\OHPOHULQ EDğOD\DFDßñQñ
V¶\OHGL
3..ȃQñQ DUNDVñQGD
EUPHQL WHU¶U¼Q¼Q DUNDVñQGD NLP YDUVD RQXQ
ROGXßXQX G¶QHPLQ .DUD
.XYYHWOHUL .RPXWDQñ
2UJHQHUDO $WLOOD $WHğȃLQ
ðVNHQGHUXQȃGD Ȇ6XUL\Hȃ\L
YXUXUX]ȇ V¶]OHUL ¼]HULQH
$EGXOODK FDODQȃñQ DSDU
WRSDU 0RVNRYDȃ\D ND§ñUñOGñßñQñ DPD 0RVNRYDȃQñQ
FDODQȃñ HOLQGH WXWDPDGñßñQñ 0RVNRYDȃGDQ
<XQDQLVWDQȃD RUDGDQ
ðWDO\Dȃ\D RUDGDQ G¼QH\
$IULNDȃ\D J¶QGHULOGLßLQL
HQ VRQXQGD $PHULNDOñODUñQ
7¼UNL\Hȃ\H WHVOLP HWWLßLQL
EXQX 7¼UNL\HȃQLQ J¼F¼Q¼
EHOLUWPHN L§LQ GLOH JHWLUGLßLQL V¶\OHGL $\EDUV 3..ȃQñQ
ğX DQGD JHU§HNWHQ §RN
VñNñğWñßñQñ §¼QN¼ §RN ND\ñS
YHUPH\H EDğODGñßñQñ EHOLUWWL
'(9L(7úN '(9A0LILIøI
<¶QHOWLOHQ VRUXODUD \DQñW YHUHQ 3URI 'U $\EDUV
WHU¶U¼ GHPRNUDVL LOH §¶]HQ
¼ONH ROXS ROPDGñßñ NRQXVXQXQ ¼ONHQLQ \DSñVñQD WHU¶U¼Q LVWHNOHULQH EDßOñ RODUDN
IDUNOñOñN J¶VWHUHELOHFHßLQL
ðQJLOWHUHȃGH ,5$ȃQñQ KDOD
ELWPHGLßLQL DPD NHQGLOHULQFH ELU IRUP¼O EXOGXNODUñQñ
54 EKùM 2015
ðVSDQ\DȃGD .DWDODQ\DȃQñQ
D\UñOPD NDUDUñQñQ §RßXQOXN
R\OD RQDQGñßñQñ 6ORYHQ\D
YH HNRVORYDN\DȃQñQ §RN
X\JDU ELU ğHNLOGH D\UñOGñßñQñ ðWDO\DȃGD \¼]GH R\
DODQ .X]H\ ðWDO\D $\UñOñN§ñ
3DUWLVLȃQLQ ðWDO\DȃQñQ .X]H\
YH G¼QH\ ðWDO\D RODUDN
D\UñOPDVñ WDUDIWDUñ ROGXßXQX LIDGH HWWL ĞX DQGD
7¼UNL\HȃQLQ GH \DğDGñßñ VñNñQWñ\ñ GHPRNUDVL L§HULVLQGH
§¶]PHVLQLQ KHUNHVLQ WDOHEL
ROGXßXQX DPD NHVLQOLNOH
D\UñOPDN LVWH\HQ WDUDʉD
EXQX JHU§HNOHğWLUPHQLQ
P¼PN¼Q ROPDGñßñQñ ]DWHQ
NRQXQXQ GD EX QRNWD\D
YDUPDGñßñQñ EHOLUWWL 7HU¶U
¶UJ¼W¼ LOH PDVD\D RWXUXOGXßX WDNGLUGH EDğWDQ WDYL]
YHULOPLğ RODFDßñQñ ]LUD HQ
EDğWD ¶]HUNOLßLQ J¼QGHPH
JHWLULOHFHßLQL YH NHQGLOHULQFH ROXğWXUXODQ KDULWDQñQ
VXQXODFDßñQñ V¶\OHGL
'HYOHWWH GHYDPOñOñßñQ
GHYOHWLQ DQD\DVDVñQD EDßOñ
ROPDVñ\OD EDğOD\DFDßñQñ
\DQL VL\DVL LNWLGDUODUñQ ¼ONHOHULQGHNL PHYFXW DQD\DVD\D
LQDQPñğ RQXQ ¼]HULQH DQW
L§PLğ ROXS R DQD\DVD\D
X\PDN YH R DQD\DVDQñQ
K¼N¼POHULQL \HULQH JHWLUPHNOH \¼N¼PO¼ ROGXNODUñQñ
EX QRNWDGDQ X]DNODğñOGñßñ
WDNGLUGH R ]DPDQ GLEH
YXUGXUXODQ WHU¶U¼Q \HQLGHQ
D\\XND §ñNPDVñQñQ ND§ñQñOPD] ROGXßXQX YXUJXODGñ
+DONODU NDYUDPñQñQ GHPRNUDVL LOH EDßGDğPDGñßñQñ
DPD EDßGDğPDVñ JHUHNWLßLQL $PHULNDȃQñQ NXUXOXğXQGDQ LWLEDUHQ LGHRORMLVLQLQ
YDWDQSHUYHUOLN ¼]HULQH
RWXUWXOGXßXQX §¼QN¼ NXUXOXğXQXQ $YUXSDȃGDQ JHOHQ
§HğLWOL XOXVODUñQ YDUOñßñ LOH
RUWD\D §ñNWñßñQñ EXQXQ ]HQFL N¶OHOHULQ ¶]J¼U LQVDQ ROPDVñ LOH EDğODGñßñQñ ROXğDQ
NDUñğñPGDQ $PHULNDȃQñQ
JLGHUHN $PHULNDQ PLOOL\HW§LOLßLQH \¶QHOGLßLQL V¶\OHGL
$OPDQ\D G¼Q\DQñQ HQ ñUN§ñ
GHYOHWL\NHQ ğX DQGD Ȇ
ELQ WDQH 6XUL\HOL J¶§PHQL
DODFDßñPȇ GHGLßLQL §¼QN¼
EDğWD NDUğñ §ñNVDODU GD ¼ONHOHULQH \¶QHOLN KD]ñUODQDQ UDSRUGD Kñ]OD D]DODQ Q¼IXVXQ
YXUJXODQGñßñQñ EX ğHNLOGH
GHYDP HWWLßL WDNGLUGH HPHNOLOLN YH VLJRUWD LğOHPOHULQLQ
§¶NHFHßLQL GROD\ñVñ\OD EXQX
WHODʈ HWPHN L§LQ GH $OPDQODğWñUPD SROLWLNDVñ EDğODWWñNODUñQñ GLOH JHWLUGL
%L]LP NXUXOXğXPX]GD
$QDGROXȃ\X IHWKLPL]GH
ELU NRDOLV\RQ \D GD ELU
ELUOHğLN GHYOHW NDYUDPñ
EXOXQPDGñßñQñ 0DOD]JLUWȃWH
%L]DQVȃñQ PDßOXS HGLOHUHN
%L]DQVȃñQ \ñNñOPDVñQGDQ
VRQUD $QDGROXȃGD .¼UW \D
GD EUPHQL GL\H ELU WRSOXOXN
V¶] NRQXVX ROPDGñßñQñ
GROD\ñVñ\OD E¶OJHQLQ HWQLN
\DSñVñ LQFHOHQGLßLQGH =D]D
6¼U\DQL 1DVXUL $UDS
7¼UN HUNH]OHULQ NDUğñPñ]D
§ñNWñßñQñ $QDGROX LQVDQñQñQ EX KDPXUXQ L§HULVLQGH
ND\QDğWñßñQñ ELUOHğWLßLQL
NLPVHQLQ N¶NHQLQLQ GLßHULQL UDKDWVñ] HWPHGLßLQL DPD
HPSHU\DOL]PLQ SDU§DOD\ñS
\¶QHWHELOPHN L§LQ KHU W¼UO¼
VLODKñ NXOODQGñßñQñ V¶\OHGL
'¼Q\DQñQ KHUKDQJL ELU
\HULQGH ELULQH ȂQHUHOLVLQ"ȃ
GL\H VRUXOGXßXQGD \DğDGñßñ
¼ONHQLQ YDWDQGDğñ ROGXßX
\DQñWñQñQ DOñQDFDßñQñ DPD
N¶NHQLQ QHUHOL GL\H VRUXOGXßXQGD R ]DPDQ IDUNOñ
\DQñWOD DOñQDFDßñQñ GLOH
JHWLUGL
ðVWLNODO 0DKNHPHOHULȃQGH ¶OG¼U¼OHQ LQVDQ
EXOXQPDGñßñQñ PDKNHPHOHULQ NXYYHW NXOODQPDGñßñQñ
LQID]ñ VDYFñODUñQ \DSWñßñQñ KXNXN NDYUDPODUñQñQ
NDUñğWñUñOPDPDVñ JHUHNWLßLQL
KDWñUODWDQ 3URI 'U $\EDUV
ðVWLNODO 0DKNHPHOHULȃQLQ
ðVWLNODO 6DYDğñȃQGD YDWDQ
KDLQOHULQH LV\DQFñODUD
WHFDY¼]F¼OHUH FLQD\HW YH
VR\JXQFXOXN \DSDQODUD
LGDP K¼NP¼ YHUGLßLQL LGDPñQ ¶O¼P K¼NP¼ ROGXßXQX
X\JXODPD ğHNOLQLQ IDUNOñOñNODU J¶VWHUGLßLQL EHOLUWWL
ðVWLNODO 0DKNHPHOHULȃQLQ
YHUPLğ ROGXßX NDUDUODUñQ GHYULP PDKNHPHOHUL
NDUDUODUñ ROGXßXQX WHP\L]L
EXOXQPDGñßñQñ YHULOHQ NDUDUñQ X\JXODQGñßñQñ LIDGH\OH
ðVWLNODO 6DYDğñȃQGD &XPKXUL\HW G¶QHPLQGH NLğLQLQ LGDP HGLOGLßLQL GLOH
JHWLUGL 3URI $\EDUV JHU§HN
DQODPGD N¼UW KDUHNHWLQLQ
3.. LOH EDğODGñßñQñ DPD
3..ȃQñQ N¼UW PLOOL\HW§LOLßL
KDUHNHWL LOH EDğODPDGñßñQñ
NRP¼QLVW ¶UJ¼WOHQPH RODUDN
EDğODGñßñQñ 3..ȃQñQ ğX
DQGD NDEXN GHßLğWLUPHN
JHQLğ NLWOHOHUL KDUHNHWH
JH§LUPHN LVWHGLßLQL DPD
EDğDUDPDGñßñQñ EHOLUWWL
ME&/ùS
EBSO Meclisi’nde gündem
sektörler ve ekonomi
E
JH %¶OJHVL 6DQD\L 2GDVñ 0HFOLV \HVL VDQD\LFLOHU
7¼UNL\HȃQLQ .DVñPȃGD \HQLGHQ VH§LPOHUH
KD]ñUODQGñßñ RUWDPGD \LQH HNRQRPLGHNL
JHOLğPHOHUH GLNNDW §HNWL ENRQRPLN LVWLNUDUñQ HQ
¶QHPOL NRğXOODUñQGDQ ELULQLQ VL\DVL LVWLNUDU ROGXßXQX
YXUJXOD\DQ VDQD\LFLOHU VL\DVHW§LOHULQ EXQXQ ELOLQFL
YH VRUXPOXOXßX\OD KDUHNHW HWPHOHUL JHUHNWLßLQL
1HGLP$QEDU
3URYDNDV\RQD
JHOPH\HOLP
E%62 0HFOLV \HVL 1HGLP $QEDU <¶QHWLP .XUXOX
%DğNDQ 9HNLOL L§HN§LȃQLQ
NRQXğPDVñQGD ȂWDEORODUD EDNñS J¼O¼PV¼\RUXPȃ
LIDGHVL ¼]HULQH DNOñQD JHOHQ
DQHNGRWX 0HFOLV \HOHUL\OH
SD\ODğWñ 2VPDQOñ G¶QHPLQGH VDUD\GD SDUD W¼NHQLQFH
3DGLğDKñQ YHUJLOHULQ \¼]GH
DUWWñUñOPDVñ HPULQL YHUGLßLQL YH MXUQDOFLOHUL KDONñQ
DUDVñQD VDODUDN \DSñODQ
DUWñUñP L§LQ KDONñQ QHOHU
NRQXğWXßXQX ¶ßUHQPHOHULQL
LVWHßLQL MXUQDOFLOHULQ \DSWñßñ
LQFHOHPHGH KDONñQ V¶\OHQGLßL KDWWD N¼I¼U HGHQOHULQ ELOH
ROGXßXQX SDGLğDKD LOHWPHVL
¼]HULQH SDGLğDKñQ ȂVRUXQ
56 EKùM 2015
\RN X\JXODPD\D GHYDPȃ
GHGLßLQL DUDGDQ JH§HQ
]DPDQ L§HULVLQGH VDUD\GD
VñNñQWñ ROXQFD \LQH YHUJLOHULQ
DUWñUñOGñßñQñ YH MXUQDOFLOHULQ
\DSWñßñ LQFHOHPHGH KDONñQ
YHULS YHULğWLUGLßLQL GLOH
JHWLUPHVL ¼]HULQH SDGLğDKñQ
ȂVRUXQ \RN X\JXODPD\D
GHYDPȃ GHGLßLQL ELU P¼GGHW
VRQUD ELU ]DP GDKD \DSñOñQFD MXUQDOFLOHULQ ȂK¼QN¢UñP
SHN DQODğñOñU GXUXP GHßLO
NDIDODUñQD N¼ODKODUñ WHQFHUHOHUL JH§LUPLğOHU VRNDNODUGD
J¶EHN DWñ\RUODUȃ GHPHVL
¼]HULQH SDGLğDKñQ ȂGXUXP
WHKOLNHOL YHUJLOHUL JHUL DOñQȃ
GHGLßLQL V¶\OH\HUHN EUGRßDQ
L§HN§LȃQLQ LIDGH HWWLßL ¼]HUH HßHU J¼OPH\H EDğODGñ\VDN
VRUXQ ROGXßXQX EHOLUWWL
1HGLP $QEDU /DURXVVH
EHOLUWWL .DQXQODU YH LOJLOL PHY]XDWODUGD HNRQRPL YH
¼UHWLPGHNL JHOLğPHOHU GLNNDWH DOñQDUDN VDQD\LFLOLßLQ
\HQLGHQ WDQñPODQPDVñ LKWLVDV IXDUODUñQD NDWñOñP YH
EXQXQ GHVWHNOHQPHVL 9RONVZDJHQȃLQ \DğDGñßñ HPLV\RQ
VNDQGDOñQGDQ \ROD §ñNDUDN W¼NHWLFL\L ELOJLOHQGLUHFHN
\¶QOHQGLUHFHN NXUXPODUñQ ROPDVñ GD E%62 0HFOLV \HVL
VDQD\LFLOHULQ J¼QGHPH JHWLUGLßL NRQXODU DUDVñQGD \HU DOGñ
YH &ROLQV ðQJLOL]FH V¶]O¼NOHULQGH ȆSHRSOHȇ NHOLPHVLQLQ
WDP NDUğñOñßñQñQ D\Qñ ¼ONHGH
\DğD\DQ YH D\Qñ PLOOL\HWL
SD\ODğDQ LQVDQODU RODUDN
LIDGH HGLOGLßLQL EX LWLEDUOD
ELU V¼U¼ NDEXO HGLOHPH\HFHN
\DQOñğOñNODUñ ROPDVñQD UDßPHQ +'3ȃ\L §RN ¶QHPVHGLßLQL §¼QN¼ LON GHID ELU .¼UW
VL\DVL ¶QGHULQ VLODKODUñQ
EñUDNñOPDVñ NRQXVXQGD
ȆGHYOHWLQ WDEL NL VLODKODUñ
EñUDNPD\DFDßñQñ ELOL\RUX]
ROXU PX ¶\OH ğH\ȇ F¼POHVLQL
VDUI HWWLßLQL +'3ȃQLQ NHQGLVLQL WHU¶UGHQ YH 3..ȃGDQ
NXUWDUDELOGLßL WDNGLUGH JHU§HN DQODPGD VL\DVL ELU SDUWL
RODELOHFHßLQL G¼ğ¼QG¼ß¼Q¼
DPD ELU ¼ONHGH VDGHFH ELU
KDON RODELOHFHßL L§LQ LVPLQGH
\HU DODQ Ȇ+DONODUñQȇ NHOLPH-
VLQLQ GRßUX ROPDGñßñQñ EX
DQODPGD SURYRNDV\RQODUD
JHOLQPHPHVL JHUHNWLßLQL
]LUD EDUñğñ §RN ¶QHPVHGLNOHULQL V¶\OHGL
6KD.DKUDPDQ
7NHWLFL\L
\|QOHQGLUHQ
NXUXPODUROPDOÖ
E%62 0HFOLV \HVL
6¼KD .DKUDPDQ 3URI 'U
$\EDUVȃñQ JL]OLOLN NRQXVXQGDNL G¼ğ¼QFHOHULQH LODYH
RODUDN ELU DQñVñQñ SD\ODğWñ
RFXNOXN G¶QHPOHULQGH
Ȇ<¼]EDğñ 9RONDQȇ LVLPOL
ELU §L]JL URPDQ GHUJLVLQL
§RN VHYHUHN WDNLS HWWLßLQL
GHUJLQLQ DUNDVñQGD I-
I- VDYDğ X§DNODUñ LOH LOJLOL
WHNQLN ELOJLOHULQ YH G¼Q\DQñQ KDQJL ¼ONHVLQGH ND§
ME&/ùS
6KD.DKUDPDQ
1HGLP$QEDU
DGHW EXOXQGXßXQD LOLğNLQ
ELOJLOHULQ \HU DOGñßñQñ GLOH
JHWLUHQ .DKUDPDQ GHUJLQLQ
ND§ñUGñßñ ELU VD\ñVñQñ DOPDN
¼]HUH EDEDVñ\OD ELUOLNWH
\D\ñQ HYLQH JLWWLNOHULQGH
XOXVDO ELOJLOHUL \D\ñQODGñNODUñ JHUHN§HVL\OH \D\ñQ
HYLQLQ SROLVOHUFH EDVñOGñßñQD
ğDKLW ROGXNODUñQñ VRQUDVñQGD
GHUJLQLQ \D\ñQGDQ NDOGñßñQñ
LIDGH\OH JL]OLOLßLQ QH ROGXßXQX WDQñPDN JHUHNWLßLQL
YXUJXODGñ
0D\ñV D\ñ 0HFOLV
7RSODQWñVñȃQGD \DSWñßñ
NRQXğPDGD G¼Q\D JHQHOLQGH
DUD§ODUGDNL SDWOD\DQ KDYD
\DVWñNODUñ QHGHQL\OH ELU §RN
PDUNDQñQ DUD§ODUñQñ JHUL
WRSODWWñßñQñ $PHULNDȃGD
LQVDQODUñQ Ȇ8OXVDO 2WXUXP
7UDʈN G¼YHQOLßL .XUXPXȇ
$YUXSDȃGDNL LQVDQODUñQ LVH
ȆEXUR 1&$3ȇñQ LQWHUQHW
VD\IDVñQD JLULS ROXğWXUXODQ
VLVWHPH DUD§ODUñQD DLW ED]ñ
ELOJLOHUL DNWDUGñNODUñQGD
DUDEDODUñQñQ SUREOHPOL ROXS
ROPDGñßñ ¶ßUHQHELOGLNOHULQL
PDDOHVHI ¼ONHPL]GH KL§ELU
ğHNLOGH LQVDQODUñQ DUDEDODUñQD LOLğNLQ ELOJL DODPDGñßñQñ
GLOH JHWLUGLßLQL KDWñUODWDQ
6¼KD .DKUDPDQ $%'ȃGH
YH $YUXSDȃGD ROGXßX JLEL
¼ONHPL]GH GH W¼NHWLFL\L \¶Q-
OHQGLUHFHN EX WDU] NXUXPODUñQ ROXğWXUXOPDVñ \¶Q¼QGH
<¶QHWLP .XUXOXȃQGDQ
GHVWHN WDOHS HWWL
*UFDQ(NOHU
6DQD\LFLOLN
NDQXQGD\HQLGHQ
WDQÖPODQVÖQ
E%62 0HFOLV \HVL G¼UFDQ ENOHU ð]PLU
7LFDUHW 2GDVñȃQGDQ DOGñßñ
\D]ñGD VD\ñOñ 72%%
.DQXQXȃQXQ PDGGHVL IñNUDVñQGD VDQD\LFL ROPD
YDVñʉDUñQñQ EHOLUWLOGLßL LIDGH
HGLOHUHN Ȇ NLğLQLQ DOWñQGD
Lğ§L §DOñğWñUDQ Lğ \HUL VDKLSOHULQLQ VDQD\LFLOLN YDVIñQñ
ND\EHWWLßL GROD\ñVñ\OD 6DQD\L 2GDVñȃQGDQ ¼\HOLßLQLQ VLOLQLS ð]PLU 7LFDUHW 2GDVñȃQD
¼\H ROXQPDVñ JHUHNWLßLQLQ
EHOLUWLOGLßLQL V¶\OHGL
.RQX\D LOLğNLQ \DSWñßñ
DUDğWñUPDGD V¶] NRQXVX
NDQXQXQ \ñOñQGD
§ñNDUñOGñßñQñ WDULK YH VD\ñOñ 5HVPL
GD]HWHȃGH \D\ñPODQGñßñQñ
¶ßUHQGLßLQL DQFDN R G¶QHPGHQ LWLEDUHQ JHOLğHQ WHNQRORML\H D\DN X\GXUDUDN ¼UHWLP
DUD§ODUñQñ \HQLOHGLNOHULQL
GROD\ñVñ\OD GDKD D] VD\ñGD
Lğ§L LOH §DOñğWñßñQñ GLOH JHWLUHQ ENOHU DQFDN RNXOODUGDQ
JHOHQ VWDM\HUOHU LOH ðĞ.85
LOH \DSñODQ SURWRNRO JHUHßL
(UGHP'LQoVR\
*UFDQ(NOHU
Lğ EDğñ JHOLğWLUPH SURJUDPñ
NDSVDPñQGD §DOñğWñUñODQODUñQ Lğ\HUL ERUGURODUñQGD
J¶U¼QPHGLßL L§LQ NLğLQLQ
¼]HULQGH §DOñğDQ EXOXQVD
GD NLğLQLQ DOWñQGD Lğ§L
§DOñğñ\RU ğHNOLQGH ND\ñWODUD
\DQVñGñßñQñ EHOLUWWL
G¼UFDQ ENOHU \ñOñQGDQ EHUL EJH %¶OJHVL
6DQD\L 2GDVñȃQñQ ¼\HVL
ROGXßXQX ğX DQGD ʈUPDVñQñQ
WRQ SLN NDSDVLWHVL WRQ PXKWHOLI \XYDUODN PDO]HPH LğOH\HELOGLßLQL FLGGL
ELU PDNLQH SDUNñ EXOXQGXßXQX EHOLUWLUNHQ VDQD\LFLOLßLQ Lğ§L VD\ñVñ LOH WHVSLW
HGLOPHVLQL DQOD\DPDGñßñQñ
NRQX\OD LOJLOL QDVñO KDUHNHW
HWPHVL JHUHNWLßL NRQXVXQGD
NHQGLVLQH \DUGñPFñ ROXQPDVñQñ LVWHGL
(UGHP'LQoVR\
ùKWLVDV
IXDUODUÖQGDQ
\DUDUODQDOÖP
E%62 0HFOLV \HVL
EUGHP 'LQ§VR\ JUXS
EOHNWURQLN %LOHğHQOHUL YH
O§PH &LKD]ODUñ 6DQD\L
0HVOHN .RPLWHVL RODUDN
GDKD ¶QFH GH GLOH JHWLUGLßL
¼]HUH - .DVñP WDULKOHUL DUDVñQGD $OPDQ\DȃQñQ
0¼QLK NHQWLQH ELU Lğ JH]LVL
G¼]HQOHGLNOHULQL LOHUL WHNQRORMLN \DWñUñPODUD \¶QHOLN
KHUNHVLQ LOJLVLQL §HNHELOHFHN
ELU RUJDQL]DV\RQ ROPDVñQñ
SODQODGñNODUñQñ PHYFXW
IDEULNDODUñQ WHVLVOHULQ PRGHUQL]H HGLOPHVLQGH ID\GDOñ
RODELOHFHßLQL G¼ğ¼QG¼NOHULQL
V¶\OHGL
GH]L L§HULßLQGH NLğLOLN
RGDODUñQ HXURGDQ UH]HUYH HGLOGLßLQL .26GE%ȃLQ
ʈUPD EDğñQD ELQ OLUDOñN
GHVWHN VXQGXßXQX KDEHU
YHUHQ 'LQ§VR\ EXQGDQ ID\GDODQDELOPHN L§LQ HQ D] ʈUPDQñQ VH\DKDWH NDWñOPDVñ
JHUHNWLßLQL NDWñOñPñ E¼\¼N
¶O§¼GH WDPDPODGñNODUñQñ
DQFDN QH NDGDU ID]OD NDWñOñP
VDßODQñUVD R NDGDU YHULPOL
RODFDßñQñ G¼ğ¼QG¼NOHULQL
EHOLUWWL
EUGHP 'LQ§VR\ IXDUODUñQ ¶QHPOL RUJDQL]DV\RQODU
ROGXßXQX DQFDN GRßUX \HUGH
GRßUX ğHNLOGH SODQODQDUDN
\DSñOPDVñ JHUHNWLßLQL GLßHU
¼ONHOHUGH ROGXßX ¼]HUH
¼ONHPL]GH GH LKWLVDV IXDUODUñQñQ ğHKLUOHUH E¶O¼QPHVLQL
VDYXQXUNHQ E¶\OHFH G¼]HQOL
RODUDN D\Qñ ğHKLUGH \DSñODQ
IXDUODUñQ KHU VHIHULQGH GDKD
ID]OD NDWñOñPFñ\OD EXOXğDELOGLßLQL EX NRQXGD JHUHNOL
§DOñğPDODUñQ \DSñOPDVñ
\¶Q¼QGH ¶QF¼ ROPDODUñ
JHUHNWLßLQL V¶\OHGL
EKùM 2015 57
GÖRhú
BD\rDøÖmÖ]Ön DltÖnGD
G¼]HO \XUGXPX] VRQ ELUND§ D\GñU §DONDQWñOñ
]HULQGH ¶]J¼UFH \DğD\DELOPHPL] L§LQ
J¼QOHU JH§LUL\RU 9DWDQGDğODUñPñ] +D]LUDQ
ğHKLWOHULPL]LQ NDQñ LOH VXODQPñğ YDWDQñPñ]
VH§LPOHUL LOH GHPRNUDVLQLQ JHUHßLQL \HULQH
+¼UUL\HW YH LVWLNO¢OLPL]LQ VHPERO¼
JHWLUPH\H §DOñğñUNHQ ELU W¼UO¼ NXUXODPD\DQ
XßUXQD FDQ YHULOHQ NXWVDOñPñ] ğDQOñ
K¼N¼PHW WHNUDU VH§LPH JLWPH NDUDUñ YH DUGñ
ED\UDßñPñ]Ȍ
DUNDVñ NHVLOPH\HQ YH \XUGXPX]X \DVD ERßDQ
9H &80+85ð<E7ð0ð=Ȍ
ğHKLW KDEHUOHULȌ 9DWDQñ L§LQ WRSUDßD G¼ğHQ
9H \LQH ğHKLW KDEHUOHUL \LQH YLUDQ ROPXğ
JHQFHFLN EHGHQOHU RFDNODUD G¼ğHQ DWHğOHU
HYOHU \LQH DßñW YH J¶]\DğODUñȌ
\¼UHNOHUL GDßODQDQ DQQHOHU EDEDODU HğOHU YH
0HKPHW $NLI EUVR\ȃXQ DQDNNDOH
\HWLP NDODQ \DYUXODUȌ
ĞHKLWOHUL GL]HOHULQL ELU \DNDUñğ JLEL ELU GXD
%X DFñ KDEHUOHU KHU VDEDK KHU DNğDP EL]OHUL
JLEL PñUñOGDQñ\RUXPȌ
HNUDQ EDğñQGD DßODWñUNHQ YDWDQ VHYJLVLQL
Ȇ9XUXOPXğ WHUWHPL] DOQñQGDQ \DWñ\RU
\XUWWDğOñN ELOLQFLQL YH GH WHN ELU ED\UDN DOWñQGD
%LU KLO¢O XßUXQD <D 5DE QH J¼QHğOHU
ùKVDQg]GXUDQ
\DğDPDQñQ G¼Q\DODUD GHßLğLOPH\HFHN NDGDU
EDWñ\RUȇ
EBS29 KDGÖnlDr BLrlLøL BDûNDnÖ
E¼\¼N ELU Nñ\PHW ROGXßXQX EHOOHNOHULPL]H
'HYDP HGHQ KD\DWñQ L§LQGH
ND]ñ\DQ LEUHWOLN P¼OWHFL KDEHUOHULȌ 8PXGD
PXWIDNWD\ñP
\ROFXOXNODUGD GHQL]GHQ NDUD\D YXUDQ DFñODU 9DWDQVñ]
0H\YH WDEDßñ KD]ñUOñ\RUXP
NDOPDQñQ LOWLFD HWPHN ]RUXQGD EñUDNñOPDQñQ \¼UHN EXUNDQ
'LNG¶UWJHQ E¼\¼N§H ELU WDEDN YH §HğLWOL PH\YHOHUȌ
KD]LQ KLND\HOHULȌ
%¼\¼N ELU ¶]HQOH \HUOHğWLUL\RUXP WDEDßD EX YD]JH§LOPH]
9H EL]OHUȌ 7¼UNL\H &XPKXUL\HWL YDWDQGDğODUñȌ
WDGODUñ
%X WRSUDßñQ §RFXNODUñȌ <XUGXPX]XQ WDGñ WX]X OH]]HWL
$O DO ROPXğ \DQDNODUñ LOH ğHIWDOL YH KHPHQ RQXQ \DQñQGD
UHQJL NRNXVXȌ HğLWOL N¼OW¼UOHUL J¼Q¼P¼]H WDğñ\DQ KL§ELUL
\DQñEDğñQGD \DNñQ DNUDEDVñ PLV JLEL NRNXVX LOH ND\ñVñ 9H
ELU GLßHULQH GHßLğLOPH\HFHN NDGDU Nñ\PHWOL EL]L EL] \DSDQ
¼]¼P §HğLWOHULȌ 6L\DK LULNDUD UD]DNñ YH VXOWDQLȌ
]HQJLQOLNOHULPL]Ȍ
%LUELUOHULQH VñPVñNñ VDUñOPñğODU GD\DQPñğODU YH GHVWHN
7¼UN .¼UW $OHYL HUNH] /D]Ȍ D\UñP YH WDQñPñ
ROPXğODU VDQNL WDEDNWDQ G¼ğPHNWHQ NRUNDUFDVñQD
LOH D\UñğWñUñOPDPñğ ELUOLNWH FHSKHGHQ FHSKH\H NRğPXğ
1DVñO GD \DNñğñ\RUODU ELUELUOHULQLQ \DQñQD QDVñO GD
K¼UUL\HW YH LVWLNODOL L§LQ RPX] RPX]D §DUSñğPñğ EX YDWDQñQ
\DNñğñ\RUODU R J¼]HOLP WDEDßD
§RFXNODUñȌ 1DVñO ROXU GD ELUELULQH G¼ğPDQ RODELOLU"
'RßDQñQ IñWUDWñ JHUHßL UHQNOHUL OH]]HWOHUL NRNXODUñ YH
%¶\OH ELU PDUD]L GX\JX\X \D]ñ\D G¶NPHN GDKL ]RU
EHVLQ GHßHUOHUL EDNñPñQGDQ D\Uñ D\Uñ NRGODQPñğ RODQ VDKLS
ROXUNHQ QDVñO ROXU GD LQVDQ \¼UHßL E¶\OH ELU GX\JX\X EHVOHU
ROGXNODUñ EX JHQOHU KHU ELULQL ELU GLßHULQGHQ D\ñUDQ R P¼WKLğ
YH E¼\¼WHELOLU"
¶]HOOLNOHUL \DUDWPñ\RU PX"
1DVñO ROXU GD NDUGHğ NDQñ LOH VXODQPñğ WRSUDNODUGD LVWLNO¢O
1H NDGDU GD JHUHNOLOHU
YH LVWLNE¢O KD\DOL NXUDELOLU"
1H NDGDU GD ID\GDOñODU YH QH NDGDU GD YD]JH§LOPH]OHU
9H QDVñO ROXU GD ELU PLOOHW EX KDOH JHWLULOHELOLU"
GL\H G¼ğ¼QHUHNȌ
ßUHQFLOLN \ñOODUñPñ]GD GHUV RODUDN DGGHWWLßLPL] XOX
+HSVLQL ELUELU ¶S¼\RUXP YH EDğñPñQ ¼VW¼QH NR\X\RUXP
%DK§HPGHNL PDVD\D \HUOHğWLULUNHQ UHQJDUHQN
¶QGHULPL] $WDW¼UNȃ¼Q E¼\¼N QXWNX LOH JHQ§OLßH KLWDEHVL
EHJRQYLOOHU PLV NRNXOX \DVHPHQOHU YH KDQñPHOOHUL VDQNL
EHOOHNOHULPL]GH FDQODQDUDN ]DPDQ L§LQGHNL \HULQL DOñUNHQ EX
GDOODUñ §L§HNOHUL YH NRNXODUñ LOH UHYHUDQV \DSñ\RUODU EX
PXD]]DP ¶QJ¶U¼Q¼Q JHU§HN YH §RN E¼\¼N ELU GHUV ROGXßXQX
DQODPDNWD JH§ NDOPñğñ] GHPHN NL
J¼]HOLP ELUOLNWHOLßH
'HPHN NL GHUVLPL]L L\L §DOñğPDPñğñ]
Ȇ+HSLPL]ȇ GL\RUODU ELUELUOHULQH
9H EX NXWVDO HPDQHWH VDKLS §ñNDPDPñğñ]
Ȇ+HSLPL] EX WRSUDßñQ §RFXNODUñ GHßLO PL\L]" %X G¼Q\D\ñ
GH§WLßLPL] J¼QOHUGH $QNDUDȃGD 72%% §HğLWOL PHVOHN
J¼]HOOHğWLUPHN PLV JLEL NRNXODU \D\PDN Dßñ]ODUGD J¼]HO
RGDODUñ YH 67.ȃODUñQ NDWñOñPñ LOH JHU§HNOHğHQ 7E55E
WDGODU EñUDNPDN L§LQ \DUDWñOPDGñN Pñ" $ßD§ODUñPñ] EDğND
J¼]HO GDOODUñPñ] EDğND J¼]HO §L§HNOHULPL] YH PH\YHOHULPL]
.$5Ğ, .$5'EĞ/ð. \¼U¼\¼ğ¼QH EJH %¶OJHVL 6DQD\L
EDPEDğND J¼]HOȇ GL\RUODU
2GDVñȃQñQ PDL\HWLQGH E%629 .DGñQODU %LUOLßL RODUDN EL]LP
.H\LʉH LEUHWOH RQODUñ VH\UHGHUNHQ §LVHOH\HQ \DßPXUXQ
GH NDWñOPD ğDQVñPñ] ROGX
9DWDQ YH ED\UDN DğNñ LOH \XUGXQ G¶UW ELU \DQñQGDQ JHOHQ
NRNXVXQX L§LPH §HNHUHN EX J¼]HO PXKDEEHWL GLQOL\RUXP
KDON HOOHULQGH ED\UDNODUOD ELU DUDGD LGLOHU 8OXV RODUDN
7RSUDN DQDQñQ EDßUñQD G¼ğHQ \DßPXUODU JLEL \HğHUWLU PL
LVWHGLßLPL] WHN ELU ğH\ YDUGñ ğDQOñ ED\UDßñPñ]ñQ DOWñQGD ELUOLN
DFDED J¶]\DğODUñPñ] XPXWODUñPñ] XPXWODQñ\RUXPȌ
9H KHU GDLP KHS ELUOLNWH EDUñğ L§LQGH V¶\OH\HFHßLPL] ELU
ROPDN EHUDEHU ROPDNȌ .LPLQ QHUHOL ROGXßXQXQ QHUHGHQ
ğDUNñ G¼ğ¼\RU GLOLPHȌ
JHOGLßLQLQ YH HWQLN N¶NHQLQLQ KL§ DPD KL§ELU ¶QHPL \RNWX
Ȇ%ð5 %$Ğ.$',5 %E1ð0 0E0/E.E7ð0Ȍȇ
RODPD]Gñ
2UDGDNL ELUOHğWLULFL WHN XQVXU YDWDQGñ YH ED\UDNWñ
&80+85ð<E7 %$<5$0,0,= 8087/8 2/681Ȍ
58 EKùM 2015
HABER
EBS29 KDGÖnlDr BLrlLøL
\enL IDDlL\et GönemLne EDûlDGÖ
.
XUXOGXßX J¼QGHQ
EHUL JHU§HNOHğWLUGLßL
VRV\DO N¼OW¼UHO
HWNLQOLNOHUOH E¶OJHVHO
VRUXPOXOXN YH ELUH\VHO
JHOLğLP DGñQD IDDOL\HW
V¼UG¼UHQ YH EJH %¶OJHVL
6DQD\L 2GDVñ 9DNIñȃQñQ
EXUV KDYX]X SURMHVLQH HğVL]
NDWNñODUGD EXOXQDQ E%62
9DNIñ .DGñQODU %LUOLßL \HQL
IDDOL\HW G¶QHPLQH EDğODGñ
- §DOñğPD G¶QHPLQH R\ ELUOLßL LOH J¼YHQ
WD]HOH\HUHN JLUHQ E%629
.DGñQODU %LUOLßL \¶QHWLPL
NXUXPVDO YH SURMH ED]Oñ
KDUHNHW HGHUHN GDKD E¼\¼N
EDğDUñODUD LP]D DWPD\ñ KH-
GHʉL\RU E%629 .DGñQODU
%LUOLßL E%62 9DNIñ \¶QHWLPL LOH GH ELUDUD\D JHOHUHN
HßLWLP N¼OW¼U-VDQDW YH VRV\DO \DUGñPODğPD DODQñQGDNL
SURMHOHULQL SD\ODğWñ
G¶Q¼OO¼O¼N HVDVñQD
GD\DOñ §DOñğPDODUñQñ E¼\¼N
ELU KH\HFDQ YH ¶]YHUL\OH
JHU§HNOHğWLUGLNOHULQL EHOLUWHQ E%62 9DNIñ .DGñQODU
%LUOLßL %DğNDQñ ðKVDQ
]GXUDQ Ȇ%LUOLNWH ROPDNWDQ ¼UHWPHNWHQ YH WRSOXPD
ID\GDOñ ELU ğH\OHU \DSDELOPHNWHQ \DQD ¼UHWWLßL SURMHOHUOH YDNIñQ DGñQñ ¶Q SODQGD
WXWPDN YH YDNñI §DOñğPDODUñQñ JHOHFHN NXğDNODUD DN-
WDUPDN .DGñQODU %LUOLßLȃQLQ
HVDV KHGHI YH JD\HVLGLU
<DğDGñßñPñ] ¼ONH\H \D GD
ğHKUH \DSDFDßñPñ] KL]PHWOHU LOH \DUDWDFDßñPñ] NDWPD
GHßHULQ DQFDN YH DQFDN
EDßOñ ROGXßXPX] NXUXPODUñQ NXUXPVDOOñßñQñQ ¶Q¼QH
JH§PHPHNOH YH DGñQñ \DğDWDFDN HVHUOHU EñUDNPDNOD
VDßODQDFDßñQD LQDQñ\RUX]
%X DQOD\ñğ L§LQGH ȂELUȃ ROPDNWDQ ȂEL]ȃ ROPD\D JLGHQ
P¼NHPPHO ELU \ROFXOXNWD
LOHUOL\RUX]ȇ GHGL
E%62 9DNIñ .DGñQODU
%LUOLßL E¼Q\HVLQGH ROXğWXUXODQ 6RV\DO LğOHU .RPLWHVL
.¼OW¼U VDQDW .RPLWHVL
6SRQVRUOXN .RPLWHVL YH
3URMH .RPLWHVL LOH §HğLWOL
V¶\OHğL SDQHO JH]L \HPHN
NRQVHU RUJDQL]DV\RQODUñ YH
VDKQH\H NR\GXNODUñ WL\DWUR
R\XQODUñ LOH EXUV KDYX]XQD ND\GD GHßHU ELU NDWPD
GHßHU VDßODGñNODUñQñ EHOLUWHQ
ðKVDQ ]GXUDQ ȆDWñVñ
DOWñQGD ROPDNWDQ RQXU
GX\GXßXPX] E%62ȃQXQ
KHU ]DPDQ \DQñPñ]GD RODQ
9DNñI \¶QHWLP NXUXOXPX]XQ YH J¶Q¼O GRVWODUñPñ]ñQ
GHVWHNOHUL\OH JHU§HNOHğWLUHFHßLPL] HWNLQOLNOHUOH
J¼]HO ELU §DOñğPD G¶QHPL
JH§LUHFHßLPL]H LQDQñ\RUX]ȇ
GL\H NRQXğWX
EKùM 2015 59
GÖSTERGE
GÖGD GÖûÖnGD en oRN \etLûtLrLlen rn

ONH HNRQRPLVLQH
E¼\¼N NDWNñVñ RODQ
WDUñP VHNW¶U¼Q¼Q
¶QHPOL ELU NROX RODQ W¼W¼Q
VDQD\L \DUDWWñßñ LVWLKGDP
LOH ¶QH §ñNDQ ELU VHNW¶UG¼U
GHOLğPHNWH RODQ ¼ONHOHUGH
JHQHOGH \HWLğWLULOHQ
W¼W¼Q GD\DQñNOñ YH ]D\ñI
WRSUDNODUGD YH LNOLP
NRğXOODUñQD X\XPOX ROPDVñ
YH ʈ\DW LVWLNUDUñ VHEHEL\OH
GH WHUFLK HGLOPHNWHGLU
7¼W¼Q G¼Q\DGD JñGD
Gñğñ HQ §RN \HWLğWLULOHQ
¼U¼QG¼U '¼Q\DQñQ ELU§RN
\HULQGH W¼W¼Q LPDODW
VHNW¶U¼ ROXS VRV\DO YH
HNRQRPLN DQODPGD ¶QHP
DU] HWPHNWHGLU $\UñFD
§RN NDSVDPOñ ELU VHNW¶U
RODQ W¼W¼Q VHNW¶U¼ ELU§RN
¼ONHGH ¼UHWLPL ROPDVD GD
GDßñWñPñ \DSñODUDN YDUOñßñQñ
V¼UG¼UPHNWHGLU
7¼UN W¼W¼Q VDQD\L
60 EKùM 2015
7h7h1
LVWLKGDP LKUDFDW YH
YHUJL JHOLUOHUL JLEL
¶QHPOL NDOHPOHUGH HWNLQ
URO R\QD\DQ YH \¼NVHN
HNRQRPLN IDDOL\HWOHUL RODQ
ELU VDQD\L GDOñGñU
'¼Q\D GñGD UJ¼W¼
\ñOñ YHULOHULQH J¶UH
LğOHQPLğ W¼W¼Q ¼UHWLPL
\DNODğñN PLO\RQ
WRQGXU '¼Q\DGD \DNODğñN
¼ONHGH §HğLWOL W¼W¼Q
¼UHWLPL \DSñOPDNWD ROXS
WRSODP ¼UHWLPLQ \DNODğñN
\¼]GH ȃVLQL LQ $%'
+LQGLVWDQ %UH]LO\D
0DODYL EQGRQH]\D YH
7¼UNL\H ROXğWXUPDNWDGñU
LQ \¼]GH ȃ\H
\DNñQ ¼UHWLPL\OH EDğñ
§HNPHNWHGLU
'¼Q\DGD
KDUPDQODQPñğ W¼W¼Q GDKD
§RN NXOODQñOPDNWDGñU
GHQHOGH ğDUN WLSL W¼W¼Q
LOH GH KDUPDQODPD
LğOHPL \DSñOPDNWDGñU %X
EDßODPGD NDOLWH LOH ¼UHWLP
YH LKUDFDW EDNñPñQGDQ
ğDUN WLSL W¼W¼Q ¼UHWLPLQGH
7¼UNL\H \DNODğñN \¼]GH
SD\ LOH LON VñUDODUGD \HU
DOPDNWDGñU
7¼UNL\HȃGH WRSUDN
\DSñVñ YH LNOLP NRğXOODUñ
LWLEDUL\OH §RN §HğLWOL W¼W¼Q
\HWLğWLULOPHNWH ROXS \¼]GH
ȃH \DNñQñ 7¼UN W¼W¼Q¼
ROXS \DEDQFñ N¶NHQOL
W¼W¼QOHUGH NXOODQñOPDNWDGñU
7¼W¼Q VHNW¶U¼
¼ONHPL]GH EJH
.DUDGHQL] 'RßX YH
G¼QH\GRßX $QDGROXȃGD
N¼PHOHQPLğWLU 7$3'.
\ñOñ YHULOHULQH J¶UH
¼ONH ¼UHWLPLQLQ \DNODğñN
\¼]GH ȃX EJHȃGH \¼]GH
ȃVL .DUDGHQL]ȃGH
\¼]GH ȃL G¼QH\GRßX
$QDGROXȃGD \¼]GH ȃ¼
0DUPDUDȃGD \¼]GH ȃVL
'RßX $QDGROXȃGD YH
\¼]GH ȃ¼ $NGHQL]ȃGH
JHU§HNOHğWLULOPHNWHGLU
$\UñFD $NGHQL]
YH G¼QH\GRßX
$QDGROXȃGD \DEDQFñ
N¶NHQOL W¼W¼QOHU GH
¼UHWLOPHNWHGLU
ONHPL]GH
-
\ñOODUñ DUDVñQGD
\DNODğñN \¼]GH
GÖSTERGE
RUDQñQGD DUWDQ
W¼W¼Q ¼UHWLPL \ñOñQGD \DNODğñN \¼]GH
RUDQñQGD G¼ğHUHN
ELQ WRQ FLYDUñQGD
JHU§HNOHğPLğWLU 7ð.ȃLQ
\ñOñ WDKPLQLQH J¶UH
\¼]GH RUDQñQGD DUWDUDN
PLO\RQ WRQD XODğPDVñ
LIDGH HGLOPHNWHGLU \ñOODUñQGD V¶]OHğPHOL
W¼W¼Q DOñPñ \DSDQ ğLUNHW
VD\ñVñQGDNL DUWñğ LOH
UHNDEHWLQ \XNDUñ \¶QO¼
RODUDN GHßLğPHVL YH EX
ğLUNHWOHULQ \ñOGD GHID
IDL]VL] DYDQV YHUPHVL\OH
KDWñUñ VD\ñOñU ¼UHWLP DUWñğñQD
VHEHS ROPXğWXU
7$3'. YHULOHULQH
J¶UH \ñOñ LKUDFDWñ
PLO\RQ GRODU RODUDN
JHU§HNOHğPLğWLU ONHPL]GH
ğDUN WLS W¼W¼Q ¼UHWLOPHNWH
ROXS LKUDFDW \DSWñßñPñ]
¼ONHOHU EX W¼W¼Q¼
KDUPDQOD\DUDN
NXOODQPDNWDGñUODU
7¼UNL\HȃQLQ LKUDFDW
7UNL\H·GH
\ÖOÖQGDWWQ
UHNROWHVLQLQ
PLO\RQWRQROPDVÖ
EHNOHQL\RU7$3'.
YHULOHULQHJ|UH
\ÖOÖQGDPLO\RQ
OLUDOÖNWWQLKUDFDWÖ
JHUoHNOHûWLULOLUNHQ
LKUDFDW\DSWÖøÖPÖ]
ONHOHUDUDVÖQGD
EDûÖoHNHQ$%'
$OPDQ\DYH$UMDQWLQ
UQOHULQGHEXQX
KDUPDQOD\DUDN
NXOODQÖ\RU$QFDN
7UNL\H·QLQWWQ
LWKDODWÖGDLKUDFDW
UDNDPÖQÖDûÖ\RU
\DSWñßñ ¼ONHOHU DUDVñQGD
$%' $OPDQ\D YH $UMDQWLQ
EDğñ §HNPHNWHGLUOHU '¼Q\D
LWKDODWñQñQ \DNODğñN \¼]GH
ȃ¼QGH \HU DODQ 7¼UNL\H
VRQ \ñOODUGD W¼NHWLFL WDOHEL
¼]HULQH \DUñ PDPXO RODQ
KRPRMHQL]H YH ğLğLULOPLğ
W¼W¼Q LWKDODWñ \DSPDNWDGñU
7¼UN W¼W¼Q LWKDODWñQGD
\DNODğñN \¼]GH 9LUJLQLD YH %XUOH\ W¼W¼QOHUL
\HU DOPDNWDGñU \ñOñ
LWKDODWñ PLO\RQ GRODU
ROXS %HO§LND %UH]LO\D
$OPDQ\D YH +ROODQGD
HQ §RN LWKDODWñQ \DSñOGñßñ
¼ONHOHUGLU
7ð. YHULOHULQH J¶UH
W¼W¼Q ¼U¼QOHUL LPDODWñQGD
VDQD\L ¼UHWLP HQGHNVL \ñOñQGD \ñOOñN RUWDODPD
\ñOñ 2FDN$ßXVWRV G¶QHPLQGH GHßHULQGH JHU§HNOHğPLğWLU
7¼UN W¼W¼Q YH W¼W¼Q \HULQH
JH§HQ LğOHQPLğ PDGGHOHU
NDOHPLQGH LKUDFDW \ñOñQGD PLO\DU GRODU
\ñOñ 2FDN-$ßXVWRV
G¶QHPLQGH PLO\RQ
GRODU LWKDODWñ LVH \ñOñQGD PLO\RQ
GRODU \ñOñ 2FDN$ßXVWRV G¶QHPLQGH
PLO\RQ GRODU RODUDN
JHU§HNOHğPLğWLU
7&0% YHULOHULQH J¶UH
W¼W¼Q ¼U¼QOHUL LPDODWñQGD
NDSDVLWH NXOODQñP RUDQñ
\ñOñQGD \ñOOñN RUWDODPD
\¼]GH RUDQñQGD \ñOñ 2FDN-E\O¼O G¶QHPLQGH
\¼]GH RUDQñQGD
ND\GHGLOPLğWLU
KAYNAKLAR:
ȋ%ULWLVK $PHULFDQ
7REDFFR 7¼UNL\H :HE 6LWHVL
ȋ7¼UNL\H =LUDDW 2GDODUñ
%LUOLßL LIW§L YH .¶\
'HUJLVL 7HPPX] ȋ7$3'. YHULOHUL
ȋ7ð. 9HULOHUL
ȋ7&0% 9HULOHUL
ȋEJH 7¼W¼Q ðKUDFDW§ñODUñ
%LUOLßL - DOñğPD
5DSRUX
EKùM 2015 61
GÖSTERGE
8\DUÖODUYHULVNOHU
JHOLûPHNWHRODQONHOHULoLQ
'
¼Q\D HNRQRPLVLQLQ
VRQ ELU D\OñN
J¼QGHPLQL
PXWDEDNDWD YDUñODQ
7UDQV 3DVLʈN $QODğPDVñ
XOXVODUDUDVñ NXUXP
YH NXUXOXğODUñQ
D§ñNODPDODUñ $%' YH
LQ HNRQRPLOHULQLQ
GXUXPX YH $PHULNDQ
0HUNH] %DQNDVñȃQñQ
)E' IDL] RUDQñ DUWñUñP
NDUDUñQD LOLğNLQ VWUDWHMLVL
ROXğWXUPXğWXU
$%' LOH 3DVLʈN
2N\DQXVXȃQD Nñ\ñVñ EXOXQDQ .DQDGD -DSRQ\D
$YXVWUDO\D %UXQHL 0DOH]\D <HQL =HODQGD 9LHWQDP
0HNVLND 6LQJDSXU 3HUX
YH ĞLOLȃGHQ ROXğDQ ¼ONH
DUDVñQGDNL WLFDUL VñQñUODPDODUñ NDOGñUPDN ¼]HUH \ñOñQGDQ EHUL P¼]DNHUHOHUL
V¼UG¼U¼OHQ YH G¼Q\DQñQ
HQ NDSVDPOñ WLFDUL DQODğPDODUñQGDQ ELUL RODUDN
QLWHOHQGLULOHQ 7UDQV 3DVLʈN
2UWDNOñßñȃQGD 733 DQODğ-
62 EKùM 2015
PD\D YDUñOPñğWñU
'¼Q\D HNRQRPLVLQLQ
G6<ð+ȃQñQ \¼]GH ȃñQñ
ROXğWXUDQ EX ¼ONHOHULQ
NHQGL DUDODUñQGD WLFDUL
DQODğPD VDßODPDODUñ §DOñğPD VWDQGDUWODUñQGDQ WHOLI
KDNODUñQD LOD§ VHNW¶U¼QGHQ
J¼PU¼N G¼]HQOHPHOHULQH
NDGDU SHN §RN NRQXGD
GHßLğLNOLN \DUDWDFDßñQGDQ
GHULQ WDUWñğPDODUD VHEHS
ROPDNWDGñU $QODğPDQñQ
\¼U¼UO¼ßH JLUHELOPHVL L§LQ
LVH $%' .RQJUHVL LOH GLßHU
¼ONHQLQ SDUODPHQWRVXQGDQ RQD\ §ñNPDVñ JHUHNPHNWHGLU
8OXVODUDUDVñ 3DUD
)RQX ,0) J¼QFHO RODUDN
\D\ñQODGñßñ ȆENLP .¼UHVHO )LQDQVDO ðVWLNUDU
5DSRUXȇQGD N¼UHVHO HNRQRPL L§LQ YH E¼\¼PH EHNOHQWLVLQL SXDQ G¼ğ¼UHUHN VñUDVñ\OD \¼]GH ȃH YH \¼]GH
ȃ\D LQGLUPLğWLU ,0)
D\UñFD N¼UHVHO HNRQRPL-
GHNL ULVNOHULQ JHOLğPLğ
¼ONHOHUGHQ JHOLğPHNWH RODQ
¼ONHOHUH GRßUX ND\PD\D
GHYDP HWWLßL X\DUñVñQGD
EXOXQPXğWXU
%HQ]HU ELU EDğND
GHßHUOHQGLUPH LVH XOXVODUDUDVñ NUHGL GHUHFHOHQGLUPH
NXUXOXğX )LWFK 5DWLQJV
WDUDIñQGDQ JHOLğPHNWH
RODQ HNRQRPLOHUGHNL
\DYDğODPDQñQ HWNLVL\OH
N¼UHVHO HNRQRPLQLQ EX
\ñOñQ VRQXQGD \¼]GH E¼\¼\HFHßL ğHNOLQGH \DSñOPñğWñU )LWFKȃLQ ,0)ȃQLQ
D§ñNODPDODUñ LOH D\Qñ
GRßUXOWXGD JHOLğPHNWH RODQ
SL\DVDODUGDNL R\QDNOñßñQ
N¼UHVHO HNRQRPLN E¼\¼PH
J¶U¼Q¼P¼ ¼]HULQGH EDVNñ
ROXğWXUGXßXQD YXUJX \DSPDVñ GLNNDW §HNLFLGLU
%LUOHğPLğ 0LOOHWOHU LVH
N¼UHVHO HNRQRPLQLQ JH§HQ
\ñO ROGXßX JLEL ȃWH
GH \¼]GH E¼\¼\HFHßL
¶QJ¶U¼V¼QGH EXOXQPXğ
DQFDN N¼UHVHO WDOHSWHNL
D]DOPDGDQ GROD\ñ ʈ\DWODUGD GHʉDV\RQ \DğDQPD
LKWLPDOLQLQ DUWDELOHFHßLQL
EHOLUWHUHN IDUNOñ ELU ULVNH
LğDUHW HWPLğWLU
.¼UHVHO LPDODW 30, GHßHUL E\O¼O D\ñQGD ¶QFHNL
D\D J¶UH §RN D] ELU G¼ğ¼ğOH
G¼]H\LQGH JHU§HNOHğPLğ YH HğLN VHYL\HQLQ
¼]HULQGH JHU§HNOHğPLğWLU
A%'
)E'ȃLQ IDL] DUWñUñPñQD
LOLğNLQ VWUDWHMLVL YH $%'
SL\DVDODUñQñQ GXUXPX
N¼UHVHO SL\DVDODUñQ WHPHO
RGDßñ ROPD\D GHYDP HWPHNWHGLU $%' E¼W§H D§ñßñ
J¼§OHQHQ ELUH\VHO YH NXUXPVDO YHUJLOHULQ JHOLUOHUL
UHNRU VHYL\H\H XODğWñUPDVñ
LOH \ñOñQGDQ EX \DQD
HQ G¼ğ¼N G¼]H\LQH NDGDU
GDUDOPñğWñU .RQX LOH LOJLOL
X]PDQODUFD \DSñODQ D§ñNODPDGD \¼NVHOHQ YHUJLOHULQ
J¼§OHQHQ HNRQRPL\H NDWNñ
VDßOD\DELOHFHßL EHOLUWLO-
GÖSTERGE
PLğWLU E\O¼O D\ñ W¼NHWLFL
ʈ\DWODUñ HQGHNVL EHNOHQWLOHUH X\JXQ ğHNLOGH \¼]GH JHULOHPLğWLU $QFDN JñGD
YH HQHUML ʈ\DWODUñ KDUL§
RODUDN KHVDSODQDQ §HNLUGHN
W¼NHWLFL ʈ\DW HQGHNVL D\OñN
ED]GD \¼]GH \¼NVHOHUHN D\ñQ HQ E¼\¼N
DUWñğñQñ ND\GHWPLğWLU %X
EDßODPGD DQD HQʉDV\RQ
J¶VWHUJHVLQGHNL JHULOHPHQLQ G¼ğHQ HQHUML KDUFDPDODUñ LOH WRSODP PDOL\HWOHULQ
JHULOHPHVLQH EDßOñ ROGXßX
DQODğñOPDNWDGñU
%LU GLßHU ¶QHPOL J¶VWHUJH RODQ VDQD\L ¼UHWLPL
LVH G¼ğ¼ğ HßLOLPLQL LNLQFL
D\D WDğñPñğ YH E\O¼OȃGH
\¼]GH JHULOHPLğWLU %X
JHULOHPHQLQ ¶]HOOLNOH \¼NVHN VWRNODU YH GHQL]DğñUñ
¼ONHOHUGHNL G¼ğ¼N WDOHELQ
$%'ȃOL ¼UHWLFLOHUL §ñNPD]D VRNPDVñQD GD\DQGñßñ
G¼ğ¼Q¼OPHNWHGLU
ðPDODW 30, GHßHUL
E\O¼O D\ñQGD ¶QFHNL D\D
J¶UH D] ELU \¼NVHOLğOH G¼]H\LQGH JHU§HNOHğHUHN
G¼ğ¼ğ HßLOLPLQLQ ELWWLßLQL
J¶VWHUPLğWLU
(8RO %gLG(Sú ² A%
EXUR %¶OJHVLȃQGHNL
HNRQRPLN WRSDUODQPD
N¼UHVHO SL\DVDGDNL R\QDNOñNODUGDQ YH XOXVODUDUDVñ
WLFDUHWWHNL \DYDğODPDGDQ
]DUDU J¶UPHNWHGLU 8]PDQODU N¼UHVHO E¼\¼PHGHNL
]D\ñʉñN YH \¼NVHN VH\UHGHQ LğVL]OLN LOH P¼FDGHOHGH
]RUODQñOGñßñQD GLNNDW §HNHUHN EX IDNW¶UOHULQ E¶OJHQLQ
NñUñOJDQ WRSDUODQPDVñQD
]DUDU YHUGLßLQL EHOLUWPLğOHUGLU $\UñFD HQHUML ʈ\DWODUñQGDNL JHULOHPH SDUDVDO
JHQLğOHPH SURJUDPñQñQ
YHULPOLOLßLQL ROXPVX]
HWNLOHPHNWHGLU 0HYFXW
HNRQRPLN WDEOR LWLEDUL\OH
\ñO VRQXQD NDGDU WHğYLNOHUL
DUWñUPD NDUDUñQD JLGHUHN
GDKD GD \DNODğñOPDNWDGñU
EXUR %¶OJHVL PHYVLPVHOOLNWHQ DUñQGñUñOPñğ VDQD\L ¼UHWLPL $ßXVWRV D\ñQGD
ELU ¶QFHNL D\D J¶UH \¼]GH
JHULOHPLğ \ñOOñN ED]GD
LVH \¼]GH LOH EHNOHQWLOHULQ DOWñQGD DUWPñğWñU 6¶]
NRQXVX JHULOHPHGH HQHUML
¼UHWLPLQGHNL \¼]GH ȃO¼N
VHUPD\H PDOñ ¼UHWLPLQGHNL
\¼]GH ȃOLN YH GD\DQñNVñ]
W¼NHWLP PDOñ ¼UHWLPLQGHNL
\¼]GH ȃOLN D]DOñğñQ HWNLOL
ROGXßX EHOLUWLOPLğWLU
ðPDODW 30, GHßHUL E\O¼O D\ñQGD ¶QFHNL D\D J¶UH
ELU PLNWDU G¼ğ¼ğOH G¼]H\LQGH JHU§HNOHğPLğWLU
-A3ONYA
-DSRQ\D 0DOL\H %DNDQOñßñ WDUDIñQGDQ HNRQRPLGHNL SDUD ID]ODVñQD YH ]D\ñI
WDOHEH GLNNDW §HNLOHUHN -DSRQ\D 0HUNH] %DQNDVñȃQñQ
%2- UHNRU VHYL\HGHNL
HNRQRPLN WHğYLßL GDKD
GD JHQLğOHWPHVLQLQ ğX DQ
L§LQ J¼QGHPGH ROPDGñßñ
EHOLUWLOPLğWLU %X EDßODPGD
%2- JHU§HNOHğWLUGLßL VRQ
WRSODQWñVñQGD HNRQRPLGH
UHVHV\RQ LğDUHWOHULQLQ DUWPDVñQñQ EDQND ¼]HULQGHNL
EDVNñODUñ DUWñUDFDßñ VSHN¼ODV\RQXQXQ GD HWNLVL\OH
WHğYLßL GHßLğWLUPHPLğWLU
$QFDN VRQ YHULOHU LWLEDUL\OH KDQHKDONñ KDUFDPDODUñQñQ GDUDOñğ HßLOLPGHQ
§ñNWñßñ YH \¼NVHOLğH JH§WLßL
DQODğñOPDNWDGñU %X EDßODPGD HNRQRPLGHNL NDUDPVDU DWPRVIHULQ JHOHFHN
G¶QHPOHUGH GDßñODELOHFHßL
LKWLPDOL J¼§OHQPHNWHGLU
G¼ğ¼ğ J¶VWHUPLğ YH G¼]H\LQGH JHU§HNOHğPLğWLU
dúN
LQ HNRQRPLVL ¼§¼Q-
F¼ §H\UHNWH \¼]GH LOH
EHNOHQWLOHULQ ¼VW¼QGH ELU
E¼\¼PH JHU§HNOHğWLUPLğWLU
%X EDßODPGD SDUDVDO YH
PDOL WHğYLNOHULQ HNRQRPLN
E¼\¼PH\L GHVWHNOHGLßL
DQODğñOPDNWD YH \ñOñ
KHGHI E¼\¼PH RUDQñQñQ
XODğñODELOLU ROGXßX DOJñVñ
J¼§OHQPHNWHGLU
ENRQRPLN WRSDUODQPDGD LPDODW VDQD\L YH
LKUDFDWWDNL ]D\ñʉñßD NDUğñQ
KL]PHW VHNW¶U¼ YH W¼NHWLPGHNL WRSDUODQPDQñQ GDKD
J¼§O¼ VH\UHWPHVLQLQ HWNLOL
ROGXßX G¼ğ¼Q¼OPHNWHGLU
$QFDN VRQ YHULOHULQ WDPDPHQ L\LPVHU ROPDN L§LQ GH
\HWHUOL ROPDGñßñQD GLNNDW
§HNLOPHNWH YH LQȃLQ
D§ñNOD\DFDßñ \HQL \ñOOñN
SODQGD E¼\¼PH KHGHʈQL
G¼ğ¼UHFHßL WDKPLQ HGLOPHNWHGLU %X EDßODPGD
\HQL \ñOOñN G¶QHP L§LQGH
\ñOOñN E¼\¼PH RUDQñQñQ
\¼]GH ȃ¼Q DOWñQGD NDODELOHFHßL ¶QJ¶U¼OP¼ğW¼U
ðPDODW 30, GHßHUL
J¶UH G¼ğ¼ğ J¶VWHUHUHN
Dn\D eNRnRmLVLnGe
NDrtlDr \enLGen NDrÖlÖ\Rr
$YUXSD%LUOLøLLOH7UDQVDWODQWLN7LFDUHWYH<DWÖUÖP
2UWDNOÖøÖ77,3J|UûPHOHULQLVUGUHQ$%'·QLQ
-DSRQ\DYH.DQDGD·QÖQDUDODUÖQGDEXOXQGXøXONH
LOH\UWWø7UDQV3DVLÀN2UWDNOÖøÖ$QODûPDVÖQÖ733
ROXPOXVRQXoODQGÖUPDVÖQÖQdLQ·LQE|OJHGHDUWDQ
HWNLQOLøLQLGHQJHOHPHNDoÖVÖQGDQ|QHPOLELUEDûDUÖ
ROGXøXGHøHUOHQGLULOL\RU
$QODûPDQÖQNDWÖOÖPFÖONHOHULQHNRQRPLOHULQH
|QHPOLND]DQÖPODUJHWLUPHVLQLQ\DQÖQGDNUHVHO
HNRQRPLN\DSÖ\Ö$%'|QGHUOLøLQGHNL%DWÖEORNX
OHKLQHG|QûWUPHVLEHNOHQL\RU733LoLQGH\HUDODQ
ONHOHUWULO\RQGRODUOÖNUHWLPL\OHNUHVHOHNRQRPLN
KDVÖODQÖQ\DNODûÖN\]GH·ÖQÖROXûWXUXUNHQEX
UDNDPDQODûPD\ÖWDULKLQHQE\NWLFDUHWDQODûPDVÖ
\DSÖ\RU$QODûPD\OD3DVLÀNE|OJHVLQGHNLONH
DUDVÖQGDJPUNYHUJLOHULQLQoRNE\NRUDQGD
D]DOWÖOPDVÖ\HQLWLFDUHWYHoDOÖûPDVWDQGDUWODUÖQÖQ
ROXûWXUXOPDVÖDPDoODQÖ\RU
$QODûPDdLQ·LQE|OJHGHDUWDQHWNLQOLøLQL
GHQJHOHPHNDoÖVÖQGDQ$PHULNDLoLQE\NELUEDûDUÖ
RODUDNJ|VWHULOLUNHQdLQGDYHWHGLOPHVLQHUDøPHQ
RUWD\DNRQXODQoHUoHYHGHX\JXODQPDVÖLVWHQHQ
NXUDOODUÖQÀQDQVDOYHHNRQRPLNVLVWHPLQGH]RUOXNODU
ROXûWXUDFDøÖJHUHNoHVL\OHP]DNHUHOHULUHGGHWPLûWL
$QODûPD\DRUWDNRODQONHOHULQKHSVLQLQELUGHQ
ID]ODDODQGDFLGGLHNRQRPLNYHVRV\DOND]DQÖPODU
HOGHHWPHVL|QJ|UO\RU%XDODQODUONHOHULQJ|UHFH
JoOROGXøXVHNW|UOHUGHGDKDGDEHOLUJLQOHûL\RU
733J|UûPHOHULQROXPOXVRQXoODQPDVÖQÖQ
DUGÖQGDQDQODûPDPHWQLQLQELUD\LoLQGHDoÖNODQÖS
ONHSDUODPHQWRODUÖQÖQRQD\ÖQDVXQXOPDVÖEHNOHQL\RU
.DWÖOÖPFÖONHWHPVLOFLOHULQLQDQODûPD\DYDUÖOGÖøÖQÖ
DoÖNODPDODUÖQDNDUûÖQEXQXQûDUWODUÖYHVÖQÖUODUÖKDOHQ
EHOLUVL]OLøLQLNRUX\RU
EKùM 2015 63
GÖSTERGE
GHßHULQL DOPñğ YH
\LQH HğLN G¼]H\LQ ROGXN§D
DOWñQGD NDOPñğWñU
HúN'úS7AN
)LWFKȃLQ J¼QFHO UDSRUXQGD +LQGLVWDQȃñQ \ñO
VRQXQGD %5,& ¼ONHOHUL
%UH]LO\D 5XV\D +LQGLVWDQ LQ L§HULVLQGH \¼]GH
LOH HQ Kñ]Oñ E¼\¼PH\L
ND\GHWPHVLQLQ EHNOHQGLßLQL D§ñNODPDVñ GLNNDW
§HNLFLGLU $\UñFD \LQH D\Qñ
UDSRUGD UHIRUPODUñQ YH
\¼NVHN \DWñUñPñQ HNRQRPL\L GHVWHNOHPH\H GHYDP HWPHVL KDOLQGH \ñOñQGD
\¼]GH E¼\¼PH ND\GHGLOHELOHFHßL EHOLUWLOPLğWLU
'¼Q\DQñQ LNLQFL HQ
E¼\¼N DOWñQ W¼NHWLFLVL RODQ
+LQGLVWDQȃñQ DOWñQ LWKDODWñ
$ßXVWRVȃWD \¼NVHOLğ J¶VWHUPHVLQLQ DUGñQGDQ E\O¼OȃGH
\¼]GH JLEL UDGLNDO ELU
G¼ğ¼ğ J¶VWHUPLğWLU 6¶]
NRQXVX JHOLğPH\OH LOJLOL
RODUDN DOWñQ ʈ\DWODUñQñQ
7HPPX]ȃGD \ñOñQ HQ G¼ğ¼ß¼QH LQPHVLQLQ DOñPODUñ
WHğYLN HWWLßL DQFDN ʈ\DWODUñQ R G¶QHPGHQ EX \DQD
\¼]GH WRSDUODQGñßñ YH
LWKDODWñ ROXPVX] HWNLOHGLßL
D§ñNODQPñğWñU
ðPDODW 30, GHßHUL E\O¼O D\ñQGD G¼]H\LQGH
JHU§HNOHPLğ YH VRQ D\ñQ
HQ G¼ğ¼N SHUIRUPDQVñQñ
VHUJLOHPLğWLU
%R(=úLYA
)LWFK %UH]LO\DȃQñQ
NUHGL QRWXQX Ȇ%%%ȇGHQ
\DWñUñP \DSñODELOLU HQ
G¼ğ¼N G¼]H\ RODQ Ȇ%%%ȇ\H G¼ğ¼UP¼ğ QRW J¶U¼Q¼P¼Q¼ LVH QHJDWLI RODUDN
EHOLUOHPLğWLU 6¶] NRQXVX
LQGLULPH GDLU \DSñODQ D§ñNODPDGD %UH]LO\DȃGDNL ]RUOX
SROLWLN §HYUHQLQ K¼N¼PHWLQ DGñP DWPD KDPOHOHULQH
HQJHO ROGXßX \¼NVHOHQ
64 EKùM 2015
NDPX ERUFX LKWL\DFñ YH
PDOL GLVLSOLQH GDLU ULVNOHULQ
DUWWñßñ EHOLUWLOPLğWLU
%XQXQOD ELUOLNWH
HNRQRPLN E¼\¼PHQLQ EX
\ñO \¼]GH JHOHFHN \ñO LVH
\¼]GH GDUDODFDßñ WDKPLQ
HGLOPHNWHGLU 6¶] NRQXVX
GDUDOPDGD SROLWLN EHOLUVL]OLNOHULQ YH J¼YHQ EXQDOñPñQñQ GHULQOHğPHVLQLQ HWNLOL
RODFDßñ LDGH HGLOPLğWLU
\¼NVHOLğ J¶VWHUHUHN G¼]H\LQGH JHU§HNOHğPLğWLU
$QFDN HQGHNVLQ KDOD HğLN
G¼]H\LQ DOWñQGD NDOñQPDVñ
PHYFXW ROXPVX] HNRQRPLN
WDEORQXQ ELU \DQVñPDVñ
RODUDN GLNNDW §HNPHNWHGLU
R8SYA
8OXVODUDUDVñ NUHGL
GHUHFHOHQGLUPH NXUXOXğX
6WDQGDUG 3RRUȃV 63
5XV\DȃQñQ Ȇ%%ȇ VHYL\HVLQGHNL NUHGL QRWXQX
WH\LW HWPLğ YH QHJDWLI QRW
J¶U¼Q¼P¼Q¼ NRUXPXğWXU
.DUDUD JHUHN§H RODUDN
V¼UHJHOHQ VL\DVL §DWñğPDODU
VHEHEL\OH ¼ONHQLQ NñVñWOñ
XOXVODUDUDVñ ʈQDQVPDQD
HULğLPL HNRQRPLGHNL
UHVHV\RQ YH 5XEOHȃGHNL
GHßHU ND\Eñ\OD G¼ğHQ LWKDODW J¶VWHULOPLğWLU 5XV\D
'HYOHW %DğNDQñ 9ODGLPLU
3XWLQ LVH NUL]LQ ]LUYH\L
J¶UG¼ß¼Q¼ \HWNLOLOHULQ
PDNUR HNRQRPLN LVWLNUDUñ VDßODPDN L§LQ JHUHNOL
W¼P DGñPODUñ DWDFDßñQñ
YH ¶Q¼P¼]GHNL \ñOODUGD
E¼\¼PH\H JH§LOHFHßLQL
D§ñNODPñğWñU
ENRQRPLN GXUXPD
GDLU ELU EDğND GHßHUOHQGLUPH LVH )LWFK WDUDIñQGDQ
\DSñOPñğ ROXS HNRQRPLN
E¼\¼PHQLQ ȃWH \¼]GH
GDUDODFDßñ ȃGD LVH
\¼]GH DUWDFDßñ ¶QJ¶U¼OP¼ğW¼U
ðPDODW 30, GHßHUL
J¶UH \¼NVHOLğ J¶VWHUHUHN
G¼]H\LQH HULğPLğ YH
HğLN GHßHUH ROGXN§D \DNODğPñğWñU
7hRKúY(
$QNDUDȃGD \DğDQDQ
&XPKXUL\HW WDULKLQLQ HQ
NDQOñ WHU¶U VDOGñUñVñ EDğWD
ROPDN ¼]HUH ¶Q¼ NHVLOHPH\HQ §DWñğPDODU WRSOXPVDO
YH HNRQRPLN J¼QGHPL
VDUVPD\D GHYDP HWPHNWHGLU %X NDUPDğñN RUWDPD
.DVñP VH§LPOHULQLQ
JHWLUGLßL EHOLUVL]OLNOHU GH
HNOHQLQFH ȃ\D LOLğNLQ ¶QJ¶U¼OHU YH J¼YHQ
RUWDPñQñQ \HQLGHQ WHVLV
HGLOPHVLQH LOLğNLQ EHNOHQWLOHU ROGXN§D EHOLUVL]OHğPHNWHGLU %X GRßUXOWXGD ,0)
7¼UNL\HȃQLQ YH \ñOODUñQD LOLğNLQ E¼\¼PH
EHNOHQWLOHULQL VñUDVñ\OD
\¼]GH YH \¼]GH ȃD
G¼ğ¼UP¼ğW¼U
7¼UNL\HȃQLQ 6XUL\H YH
$% DUDVñQGDNL P¼OWHFL DNñQñQGD N¶SU¼ LğOHYLQH VDKLS
ROXğX GHULQ WDUWñğPDODUñ YH
HQGLğHOHUL GH EHUDEHULQGH
JHWLUPHNWHGLU $%ȃQLQ
PDGGL GHVWHN YH YL]H VHUEHVWLVL JLEL §HğLWOL DODQODUGD
NROD\OñN \DSPD YDDGL\OH
6XUL\HȃOL P¼OWHFLOHULQ
7¼UNL\HȃGH WXWXOPDVñQD \¶QHOLN WDOHELQGH SUHQVLSWH
DQODğPD\D YDUñOPñğWñU
ELU PLNWDU GDKD JHULOH\HUHN
G¼]H\LQGH JHU§HNOHğPLğWLU
GÖSTERGE
&DrL DoÖN AøuVtRV’tD
\ÖlÖn en GûønGe
&
DUL LğOHPOHU D§ñßñ
\ñOñ $ßXVWRV
D\ñQGD ID]OD
YHUHFHßL \¶Q¼QGHNL SL\DVD
EHNOHQWLOHULQH NDUğñQ JH§HQ
\ñOñQ D\Qñ D\ñQD J¶UH \¼]GH
RUDQñQGD VHUW G¼ğ¼ğOH
\DNODğñN PLO\RQ GRODU
ROGX YH JHULGH NDODQ \ñOñQ HQ G¼ğ¼N VHYL\HVLQL
J¶UG¼ 6RQ RODUDN \ñOñ ENLP D\ñQGD FDUL
LğOHPOHU GHQJHVL PLO\RQ GRODU ID]OD YHUPLğWL
'ñğ WLFDUHW KDFPLQGHNL
JHQHO D]DOPDQñQ HWNLVL\OH
ROXğDQ EX L\LOHğPH PDO
YH KL]PHW GHQJHVLQGH GH
NHQGLVLQL J¶VWHUGL VWHOLN
PDO YH KL]PHWOHU GHQJHVL
D\ DUDGDQ VRQUD PLO\RQ GRODUOD LON NH] ID]OD
YHUGL 3DUDVDO ROPD\DQ
DOWñQ NDOHPLQGH JH§HQ \ñO
$ßXVWRV D\ñQGD PLO\RQ
GRODU QHW LWKDODW \DSñOñUNHQ
EX \ñO D\ñQ G¶QHPGH PLO\RQ GRODUOñN QHW LWKDODW
JHU§HNOHğWLULOGL
2FDN-$ßXVWRV G¶QHPLQH LOLğNLQ D\OñN FDUL D§ñN
LVH JH§HQ \ñOñQ D\Qñ G¶QHPLQH J¶UH PLO\DU PLO\RQ GRODU D]DODUDN PLO\DU PLO\RQ GRODUD
LQHUNHQ D\OñN N¼P¼ODWLIWH LVH \¼]GH GDUDODUDN
PLO\DU PLO\RQ GRODUOD
\ñOñQ HQ G¼ğ¼N VHYL\HVLQL
J¶UG¼
0AL 9( Hú=0(7L(R
'(NG(Sú )A=LA 9(R'ú
&DUL D§ñNWDNL EX L\LOHğPH E¼\¼N ¶O§¼GH Gñğ
WLFDUHWWH LWKDODWñQ LKUDFDWWDQ
GDKD ID]OD D]DOPDVñQGDQ
ND\QDNODQGñ %X G¶QHP-
GH LKUDFDW $÷Xstos
$ylÕk .ümülatiI
(Milyon Dolar)
2015
PLO\DU 2014
2015
&$5øøù/(0/(5+(6$%,
-2.221
-163
-43.047
PLO\RQ GRODU-16
27
-20
GDQ PLO\DU SERMAYE HESABI
)ø1A1S
HESABI
-904
1.294
-37.957
PLO\RQ
'R÷UXGDQ YDWÕUÕPODU QHW
1.097
-1.675
-9.710
GRODUD LQHUNHQ
3RUWI|\ YDWÕUÕPODU QHW
1.682
1.477
945
LWKDODW PLO\DU
'L÷HU YDWÕUÕPODU QHW
-5.568
1.891
-22.422
GRODUGDQ ID]OD
RH]HUY 9DUOÕNODU QHW
1.885
-399
-6.750
D]DOñğOD PLO- Net Hata ve Noksan
1.333
1.430
5.110
\DU PLO\RQ
J¶UG¼ 2FDNȃWD PLO\DU
QHW §ñNñğ \DSñOGñ
GRODUGDQ PLO\RQ
GRODU
RODQ
FDUL
<XUWGñğñQGDQ VDßODPLO\DU PLO\RQ GRODUD
D§ñN
ĞXEDWȃWD
PLO\DU
QDQ
NUHGLOHU NDOHPLQGH
JHULOHGL %¶\OHFH PDO GHQPLO\RQ
GRODU
0DUWȃWD
JHQHO K¼N¼PHW
$ßXVWRVȃWD
JHVLQGHNL D§ñN PLO\DU PLO\DU
PLO\RQ
GRODU
PLO\RQ
GRODU
EDQNDFñPLO\RQ GRODUGDQ PLO\DU
1LVDQȃGD
PLO\DU
OñN
VHNW¶U¼
LVH
PLO\RQ
PLO\RQ GRODUD G¼ğW¼
PLO\RQ
GRODU
0D\ñVȃWD
GRODU
QHW
JHUL
¶GHPH
\DSWñ
+L]PHWOHU GHQJHVL
PLO\DU
PLO\RQ
GRODU
$\Qñ
G¶QHPGH
GLßHU
VHNNDOHPLQGH LVH JH§HQ \ñO
ROPXğWX +D]LUDQȃGD W¶UOHU LVH PLO\RQ GRODU
PLO\DU PLO\RQ GRODU
PLO\DU
PLO\RQ
GRODUD
VHYL\HVLQGH QHW NXOODQñP
RODQ ID]OD EX \ñO PLOLQHQ
FDUL
D§ñN
7HPPX]ȃGD
JHU§HNOHğWLUGL $ßXVWRVȃWD
\RQ GRODU D]DODUDN PLO\DU
LVH
PLO\DU
PLO\RQ
UHVPL
UH]HUYOHU PLO\RQ
PLO\RQ GRODUD LQGL
GRODU
ROPXğWX
GRODU
D]DOGñ
)E'ȃLQ IDL]
$\UñFD \ñOñQ LON D\ñQGD ELU
DUWWñUñPñQD
\¶QHOLN
EHNOHQ¶QFHNL \ñOñQ D\ñQD J¶UH WXWLOHU
LOH
LQȃH
\¶QHOLN
HQGL'OøR8'AN
YA7IRI0'A
UL]P JHOLUOHULQGH 5XV\DȃGD
ğHOHULQ
HWNLVL\OH
JHOLğPHNWH
AR7Iû
3OR7)gY
\DğDQDQ HNRQRPLN NUL] YH
RODQ ¼ONHOHUH VHUPD\H JLULğ
YA7IRI0IN'A
7¼UNL\HȃGH DUWDQ J¼YHQ§ñNñğODUñQ
GDOJDOñ VH\ULQL
G(RúL(0(
OLN HQGLğHOHULQLQ HWNLVL\OH
V¼UG¼UHFHßL
WDKPLQ HGLOL\RU
2FDN-$ßXVWRV
G¶QHPLQ\¼]GH RUDQñQGD D]DODUDN
'ñğ
WLFDUHW
D§ñßñQGDNL
GDUDOGH
JH§HQ
\ñO
PLO\DU
PLO\DU GRODU RODUDN
PDQñQ
V¼UHFHßL
YH
FDUL
GHQPLO\RQ
GRODU
RODQ
QHW
GRßJHU§HNOHğWL
JHGH
L\LOHğPHOHULQ
GHYDP
UXGDQ
\DWñUñP
JLULğOHUL
EX
$QFDN PDO GHQJHVLQHGHFHßL ¶QJ¶U¼O¼\RU
\ñO D\Qñ G¶QHPGH PLO\DU
GHNL L\LOHğPH LOH ELUOLNWH
PLO\RQ
GRODU
DUWDUDN
D\OñN PDO YH KL]PHW GHQJHVL
PLO\DU PLO\RQ GRODUD
N(7 HA7A NOKSAN
PLO\RQ GRODU ID]OD
LQGL
$ßXVWRV
D\ñQGD
LVH
JH 0úLYAR 'OLAR
YHUGL %¶\OHFH \ñOñ
§HQ
\ñO
PLO\RQ
PLO\RQ
.D\QDßñ EHOOL ROPD\DQ
ENLP D\ñQGDNL PLO\RQ
GRODU
QHW
§ñNñğ
\DğDQñUNHQ
G¶YL]
KDUHNHWOHULQL J¶VWHUHQ
GRODUOñN ID]ODGDQ LWLEDUHQ
EX
\ñO
PLO\DU
PLO\RQ
QHW
KDWD
QRNVDQ NDOHPLQGH
D\ VRQUD PDO YH KL]PHWGRODUOñN
QHW
JLULğ
ROGX
LVH
DßXVWRV
D\ñQGD PLO\DU
OHU GHQJHVL \HQLGHQ DUWñ\D
3RUWI¶\
\DWñUñPODUñ
NDOH
PLO\RQ
GRODU SR]LWLI
JH§PLğ ROGX
PLQGH D\OñN ED]GD PLO\DU
GHßHU GLNNDW §HNWL 2FDN PLO\RQ GRODUOñN QHW
$ßXVWRV G¶QHPLQGH JH§HQ
YILLIK AdIK
§ñNñğ
\DğDQGñ
2FDN-$ßXV\ñO PLO\DU PLO\RQ
0úLYAR 'OLAR
WRV
G¶QHPLQGH
LVH
JH§HQ
\ñO
GRODU RODQ QHW KDWD QRNVDQ
<ñOOñNODQGñUñOPñğ FDUL
PLO\DU
PLO\RQ
GRODU
NDOHPL EX \ñO D\Qñ G¶QHPD§ñN $ßXVWRV D\ñQGD QHW
JLULğ
ROXUNHQ
%X
\ñO
GH PLO\DU PLO\RQ
PLO\DU PLO\RQ GRODU LOH
PLO\DU
PLO\RQ
GRODUOñN
GRODU RODUDN KHVDSODQGñ
\ñOñQ HQ G¼ğ¼N VHYL\HVLQL
EKùM
65
GÖSTERGE
ùûVL]lLN RrDnÖ GeøLûmeGL 7
¼UNL\H JHQHOLQGH
YH GDKD \XNDUñ
\DğWDNLOHUGH LğVL]
VD\ñVñ \ñOñ 7HPPX]
G¶QHPLQGH JH§HQ \ñOñQ D\Qñ
G¶QHPLQH J¶UH ELQ
NLğL DUWDUDN PLO\RQ ELQ NLğL ROGX ðğVL]OLN RUDQñ
LVH GHßLğLP J¶VWHUPH\HUHN
\¼]GH VHYL\HVLQGH
JHU§HNOHğWL $\Qñ G¶QHPGH
WDUñP Gñğñ LğVL]OLN RUDQñ
D\Qñ G¼]H\GH NDODUDN \¼]GH
RODUDN WDKPLQ HGLOGL
- \Dğ JUXEXQX L§HUHQ
JHQ§ LğVL]OLN RUDQñ SXDQOñN DUWñğ LOH \¼]GH ROXUNHQ- \Dğ JUXEXQGD
GD EX RUDQ GHßLğLP
J¶VWHUPH\HUHN \¼]GH RODUDN JHU§HNOHğWL ðğVL]OLN
RUDQñ HUNHNOHUGH \¼]GH
NDGñQODUGD \¼]GH RUDQñQGD ND\GHGLOGL
7¼UNL\H ðVWDWLVWLN .XUXPX 7ð. 7HPPX] ȂðğJ¼F¼ ðVWDWLVWLNOHULȃQL
D§ñNODGñ %XQD J¶UH LVWLKGDP HGLOHQOHULQ VD\ñVñ
\ñOñ 7HPPX] G¶QHPLQGH ELU ¶QFHNL \ñOñQ D\Qñ
G¶QHPLQH J¶UH ELQ NLğL
DUWDUDN PLO\RQ ELQ
NLğL LVWLKGDP RUDQñ LVH SXDQOñN DUWñğ LOH \¼]GH ROGX
66 EKùM 2015
%X G¶QHPGH WDUñP VHNW¶U¼QGH §DOñğDQ VD\ñVñ ELQ NLğL WDUñP Gñğñ VHNW¶UOHUGH §DOñğDQ VD\ñVñ LVH ELQ NLğL DUWWñ ðVWLKGDP HGLOHQOHULQ \¼]GH ȃVL WDUñP
\¼]GH ȃL VDQD\L \¼]GH
ȃ¼ LQğDDW \¼]GH ȃL
LVH KL]PHWOHU VHNW¶U¼QGH \HU
DOGñ QFHNL \ñOñQ D\Qñ G¶QHPL LOH NDUğñODğWñUñOGñßñQGD
KL]PHW VHNW¶U¼Q¼Q LVWLKGDP
HGLOHQOHU L§LQGHNL SD\ñ SXDQ LQğDDW VHNW¶U¼Q¼Q
SD\ñ LVH SXDQ DUWDUNHQ
WDUñP VHNW¶U¼Q¼Q SD\ñ SXDQ VDQD\L VHNW¶U¼Q¼Q
SD\ñ SXDQ D]DOGñ
ðğJ¼F¼ \ñOñ 7HPPX] G¶QHPLQGH ELU ¶QFHNL
\ñOñQ D\Qñ G¶QHPLQH J¶UH
PLO\RQ ELQ NLğL DUWDUDN
PLO\RQ ELQ NLğL
LğJ¼F¼QH NDWñOPD RUDQñ LVH
SXDQ DUWDUDN \¼]GH RODUDN JHU§HNOHğWL $\Qñ G¶QHPOHU L§LQ \DSñODQ Nñ\DVODPDODUD J¶UH HUNHNOHUGH
LğJ¼F¼QH NDWñOPD RUDQñ SXDQ DUWDUDN \¼]GH NDGñQODUGD LVH SXDQOñN
DUWñğOD \¼]GH RODUDN
JHU§HNOHğWL
7HPPX] G¶QHPLQGH KHUKDQJL ELU VRV\DO
J¼YHQOLN NXUXOXğXQD EDßOñ
0(9Sú0 (7KúL(RúN'(N ARIN'IRIL0A0Iû 7(0(L úûGhCh GgS7(RG(L(Rú
TEMMUZ 2014-2015
Toplam
15 \aú ve GaKa \XkaUÕ \aútakLOeU
NIXs BLn kLúL
øúJF BLn kLúL
østLKGaP BLn kLúL
7aUÕP
TarÕP GÕúÕ
øúsL] BLn kLúL
øú JFne GaKLO oOPa\anOar BLn kLúL
øúJFne katÕOPa oranÕ østLKGaP oranÕ øúsL]OLk oranÕ TarÕP GÕúÕ LúsL]OLk oranÕ 15-64 \aú JrXbu
øúJFne katÕOPa oranÕ østLKGaP oranÕ øúsL]OLk oranÕ TarÕP GÕúÕ LúsL]OLk oranÕ Genç nüfusta (15-24 \aú LúsL]OLk oranÕ (
2014
2015
57.021
57.891
29.276
26.410
30.311
27.342
5.914
6.018
20.496
21.323
2.867
27.745
2.970
27.580
51,3
52,4
46,3
47,2
9,8
9,8
12,0
12,0
56,0
50,4
10,0
57,3
51,5
10,0
12,1
12,0
18,2
18,3
úS7úH'A0IN G(Lúûú0ú Kúûú
TEMMUZ 2015
Erkek
.aGÕn
Toplam
S$1$<ø
TARIM
ø1ùAAT
+øZMET/ER
TOPLAM
4.121
1.215
5.336
3.192
2.827
6.018
1.936
77
2.013
9.794
4.180
13.974
19.043
8.299
27.342
ROPDGDQ §DOñğDQODUñQ RUDQñ
ELU ¶QFHNL \ñOñQ D\Qñ G¶QHPLQH J¶UH SXDQ D]DODUDN
\¼]GH ROGX
0HYVLP HWNLOHULQGHQ
DUñQGñUñOPñğ LVWLKGDP VD\ñVñ
ELU ¶QFHNL G¶QHPH J¶UH ELQ NLğL DUWDUDN PLO\RQ
ELQ NLğL RODUDN JHU§HNOHğWL ðVWLKGDP RUDQñ
\¼]GH ROGX
0HYVLP HWNLOHULQGHQ
DUñQGñUñOPñğ LğVL] VD\ñVñ
ELU ¶QFHNL G¶QHPH J¶UH
ELQ NLğLOLN D]DOñğ LOH PLO\RQ ELQ NLğL RODUDN
JHU§HNOHğWL ðğVL]OLN RUDQñ
\¼]GH ROGX
0HYVLP HWNLOHULQGHQ
DUñQGñUñOPñğ LğJ¼F¼QH NDWñOPD RUDQñ ELU ¶QFHNL G¶QHPH
J¶UH SXDQOñN DUWñğ LOH
\¼]GH RODUDN JHU§HNOHğWL ENRQRPLN IDDOL\HWH
J¶UH LVWLKGDP HGLOHQOHUGH
HQ ID]OD DUWñğ ELQ NLğL LOH
KL]PHW VHNW¶U¼QGH JHU§HNOHğWL
GÖSTERGE
SDnD\L retLmL VeYLnGLrGL 2
S
DQD\L ¼UHWLPL PHYVLP
YH WDNYLP HWNLVLQGHQ
DUñQGñUñOPñğ UDNDPODUOD
$ßXVWRVȃWD ELU ¶QFHNL
D\D J¶UH \¼]GH DUWñğ
ND\GHWWL 7DNYLP HWNLVLQGHQ
DUñQGñUñOPñğ VDQD\L ¼UHWLPL
LVH ELU ¶QFHNL \ñOñQ D\Qñ
G¶QHPLQH J¶UH \¼]GH
DUWWñ %¶\OHFH VDQD\L
¼UHWLPL 2FDN ȃWHNL
\¼]GH ȃOñN DUWñğWDQ
VRQUD HQ \¼NVHN DUWñğñ
JHU§HNOHğWLUGL
$UñQGñUñOPDPñğ SDQD\L
UHWLP EQGHNVL LVH ELU ¶QFHNL \ñOñQ D\Qñ D\ñQD J¶UH \ñOñ $ßXVWRV D\ñQGD \¼]GH
RUDQñQGD DUWWñ
7DNYLP HWNLVLQGHQ DUñQGñUñOPñğ YHULOHUGH VDQD\LQLQ
DOW VHNW¶UOHUL WHPHO \ñOOñ LQFHOHQGLßLQGH
\ñOñ $ßXVWRV D\ñQGD ELU
¶QFHNL \ñOñQ D\Qñ D\ñQD J¶UH
PDGHQFLOLN YH WDğRFDN§ñOñßñ
VHNW¶U¼ HQGHNVL \¼]GH D]DOñUNHQ LPDODW VDQD\L
VHNW¶U¼ HQGHNVL \¼]GH YH HOHNWULN JD] EXKDU YH
LNOLPOHQGLUPH ¼UHWLPL YH
GDßñWñPñ VHNW¶U¼ HQGHNVL
\¼]GH DUWWñ
AöUSTOS 2015
Takvim Etkisinden
ArÕndÕrÕlmÕú
ArÕndÕrÕlmamÕú
Toplam Sanayi
Madencilik ve
TaúocakçÕlÕ÷Õ
124,7
De÷iúim
(<ÕllÕk)
8,4
116,0
ømalat Sanayi
Elektrik, Gaz,
BuKar ve øklim. hrt.
ve 'a÷ÕtÕm
(2010=100)
Mevsim ve Takvim
Etkisinden
ArÕndÕrÕlmÕú
De÷iúim
Endeks
(AylÕk)
126,8
2,9
122,9
De÷iúim
(<ÕllÕk)
7,2
-3,9
114,9
-3,8
108,3
2,0
122,9
10,3
120,9
8,7
128,3
3,3
140,8
3,6
139,7
3,6
125,9
1,2
Endeks
$QD VDQD\L JUXSODUñ
0,GV VñQñʉDPDVñQD J¶UH
\ñOñ $ßXVWRV D\ñQGD ELU
¶QFHNL D\D J¶UH PHYVLP YH
WDNYLP HWNLVLQGHQ DUñQGñUñOPñğ HQ \¼NVHN DUWñğ \¼]GH
LOH GD\DQñNOñ W¼NHWLP
PDOñ LPDODWñQGD JHU§HNOHğWL
ðPDODW VDQD\LLQGH HQ
\¼NVHN DUWñğ ELOJLVD\DUODUñQ
HOHNWURQLN YH RSWLN ¼U¼QOHULQ LPDODWñQGD JHU§HNOHğWL
ðPDODW VDQD\L DOW VHNW¶UOHUL
LQFHOHQGLßLQGH \ñOñ
$ßXVWRV D\ñQGD ELU ¶QFHNL
D\D J¶UH HQ \¼NVHN DUWñğ
\¼]GH LOH ELOJLVD\DUODUñQ HOHNWURQLN YH RSWLN
¼U¼QOHULQ LPDODWñQGD JHU§HNOHğWL %X DUWñğñ \¼]GH LOH W¼W¼Q ¼U¼QOHUL LPDODWñ
Endeks
131,00
130,500
129,00
130,00
127,300
128,300
127,200
125,400
126,500
125,500
125,900
125,00
124,700
123,300
124,700
124,700
123,200 123,400
122,900
124,500
120,00
119,200
115,00
114,900
116,700
112,300
114,400
110,00
109,900
SUE-Toplam Sanayi Endeksi
105,00
110,800
109,800
SUE-Takvim Etkilerinden ArÕndÕrÕlmÕú Toplam Sanayi Endeksi
YH \¼]GH LOH HOHNWULNOL
WH§KL]DW LPDODWñ WDNLS HWWL
\ñOñ $ßXVWRV D\ñQGD
ELU ¶QFHNL D\D J¶UH HQ
\¼NVHN G¼ğ¼ğ \¼]GH LOH GLßHU XODğñP DUD§ODUñQñQ
LPDODWñQGD JHU§HNOHğWL %X
G¼ğ¼ğ¼ \¼]GH LOH GHUL
YH LOJLOL ¼U¼QOHULQ LPDODWñ YH
\¼]GH LOH WHPHO HF]DFñOñN
¼U¼QOHULQLQ YH HF]DFñOñßD
LOLğNLQ PDO]HPHOHULQ LPDODWñ
WDNLS HWWL
$UñQGñUñOPñğ UDNDPODUOD
\ñOñQGD VDQD\L ¼UHWLPLQLQ \ñOOñN RUWDODPD DUWñğñ
\¼]GH LGL \ñOñQñQ
LON D\ñQGD VDQD\L ¼UHWLPLQLQ \ñOOñN DUWñğñ LVH \¼]GH ROGX
KDSDVLte NullDnÖm RrDnÖ DrttÖ
ðPDODW VDQD\LVL JHQHOLQGH NDSDVLWH NXOODQñPñ
E\O¼O D\ñQGD ELU ¶QFHNL D\D
J¶UH SXDQ DUWDUDN \¼]GH
ȃD \¼NVHOGL
7¼UNL\H &XPKXUL\HW
0HUNH] %DQNDVñ 7&0%
WDUDIñQGDQ G¼]HQOHQHQ YH
E\O¼O D\ñQGD LPDODW
VDQD\LQGH IDDOL\HW J¶VWHUHQ ELQ Lğ\HULQLQ NDWñOñPñ\OD
JHU§HNOHğWLULOHQ LPDODW VDQD\LVL NDSDVLWH NXOODQñP RUDQñ
§DOñğPDVñ VRQX§ODUñ D§ñN-
ODQGñ %XQD J¶UH \ñOñ
H\O¼O D\ñQGD LPDODW VDQD\LVL
JHQHOLQGH NDSDVLWH NXOODQñPñ ELU ¶QFHNL D\D J¶UH
SXDQ DUWñğOD \¼]GH VHYL\HVLQGH JHU§HNOHğWL $\Qñ
G¶QHPGH LPDODW VDQD\LVL
JHQHOLQGH PHYVLPVHO HWNLOHUGHQ DUñQGñUñOPñğ NDSDVLWH
NXOODQñP RUDQñ LVH SXDQOñN
\¼NVHOLğOH \¼]GH RODUDN
ND\GHGLOGL
.RN N¶P¼U¼ YH UDʈQH
HGLOPLğ SHWURO ¼U¼QOHUL LPD-
77
ODWñ \¼]GH
76
76
NDßñW
76
75
75
75
75
YH NDßñW
75
75
75
75 74
75
75
74
¼U¼QOHULQLQ
75
75
74
75
74
74
74
74
74
LPDODWñ \¼]74
74
74
73
GH ELO73
72
JLVD\DUODUñQ 72
71
HOHNWURQLN YH
70
RSWLN ¼U¼QOHULQ LPDODWñ
\¼]GH DßD§ DßD§
GH LOH \ñOñ E\O¼O
¼U¼QOHUL YH PDQWDU ¼U¼QOHUL
D\ñQñ HQ \¼NVHN NDSDVLWH LOH
LPDODWñ PRELO\D KDUL§ \¼]NDSDWDQ VHNW¶UOHU ROGX
KKO
ArÕndÕrÕlmÕú KKO
EKùM
67
GÖSTERGE
EnÁDV\Rn \]Ge ’e GD\DnGÖ
E
QʉDV\RQ SL\DVD
EHNOHQWLOHULQLQ
¼]HULQGH JHOGL E\O¼O
D\ñQGD \¼]GH DUWPDVñ
EHNOHQHQ 7)E \¼]GH
DUWñğ J¶VWHULUNHQ
\ñOOñN 7)E LVH \¼]GH ROGX <ñOOñN HQʉDV\RQXQ
\¼NVHN JHOPHVLQGH
¶]HOOLNOH LğOHQPHPLğ JñGD
ʈ\DWODUñQGDNL \¼NVHOLğ HWNLOL
ROGX
7ð. E\O¼O D\ñ
HQʉDV\RQ YHULOHULQL
D§ñNODGñ 7)EȃGH
\ñOñ E\O¼O
D\ñQGD ELU ¶QFHNL D\D J¶UH
\¼]GH ELU ¶QFHNL \ñOñQ
$UDOñN D\ñQD J¶UH \¼]GH
ELU ¶QFHNL \ñOñQ D\Qñ
D\ñQD J¶UH \¼]GH YH
D\OñN RUWDODPDODUD J¶UH
\¼]GH DUWñğ JHU§HNOHğWL
$QD KDUFDPD JUXSODUñ
LWLEDUL\OH \ñOñ E\O¼O
D\ñQGD D\OñN HQ \¼NVHN
DUWñğ \¼]GH LOH
XODğWñUPD YH §HğLWOL PDO YH
KL]PHWOHUGH ROGX %XQXQOD
ELUOLNWH HQGHNVWH \HU DODQ
JUXSODUGDQ JñGD YH DONROV¼]
L§HFHNOHUGH \¼]GH HY
Hğ\DVñQGD \¼]GH YH
HßOHQFH YH N¼OW¼UGH \¼]GH
DUWñğ JHU§HNOHğWL
$QD KDUFDPD JUXSODUñ
LWLEDUL\OH \ñOñ E\O¼O
D\ñQGD HQGHNVWH \HU DODQ
JUXSODUGDQ VDGHFH JL\LP
YH D\DNNDEñ JUXEXQGD
\¼]GH RUDQñQGD G¼ğ¼ğ
JHU§HNOHğWL
7)EȃGH ELU ¶QFHNL
68 EKùM 2015
%
Eylül
YÕllÕk
YÕllÕk 2rt.
AylÕk
TÜFE
<ø-ÜFE
YD-ÜFE
2014
2015
2014
2015
2014
2015
8,86
8,54
7,95
7,80
9,84
9,84
6,92
5,92
6,88
15,03
16,26
6,11
0,14
0,89
0,85
1,53
0,31
3,94
\ñOñQ D\Qñ D\ñQD J¶UH §HğLWOL
PDO YH KL]PHWOHU \¼]GH
JñGD YH DONROV¼]
L§HFHNOHU \¼]GH HßOHQFH YH N¼OW¼U \¼]GH
HY Hğ\DVñ \¼]GH
DUWñğñQ \¼NVHN ROGXßX
GLßHU DQD KDUFDPD JUXSODUñ
ROGX
<XUW L§L ¼UHWLFL ʈ\DW
HQGHNVL <ð-)E \ñOñ E\O¼O D\ñQGD ELU ¶QFHNL
D\D J¶UH \¼]GH DUWñğ
ELU ¶QFHNL \ñOñQ $UDOñN
D\ñQD J¶UH \¼]GH DUWñğ
ELU ¶QFHNL \ñOñQ D\Qñ D\ñQD
J¶UH \¼]GH DUWñğ YH
D\OñN RUWDODPDODUD J¶UH
\¼]GH DUWñğ J¶VWHUGL
SDQD\LQLQ G¶UW
VHNW¶U¼Q¼Q ELU ¶QFHNL
D\D J¶UH GHßLğLPOHUL
PDGHQFLOLN YH WDğRFDN§ñOñßñ
VHNW¶U¼QGH \¼]GH G¼ğ¼ğ LPDODW VDQD\L
VHNW¶U¼QGH \¼]GH DUWñğ HOHNWULN YH JD]
VHNW¶U¼QGH \¼]GH DUWñğ YH VX VHNW¶U¼QGH
\¼]GH DUWñğ RODUDN
JHU§HNOHğWL
%LU ¶QFHNL D\D J¶UH
HQGHNVOHULQ HQ ID]OD DUWñğ
J¶VWHUGLßL DOW VHNW¶UOHU
GLßHU PDPXO Hğ\DODU
(\OOD\ÖQGD7h)(
\]GHDUWÖû
J|VWHULUNHQ\ÖOOÖN
HQÁDV\RQ\]GH
·HoÖNWÖ<ÖOOÖN
HQÁDV\RQXQ\NVHN
JHOPHVLQGH\LQH
JÖGDÀ\DWODUÖ|QHPOL
UROR\QDGÖ
\¼]GH PHWDO
FHYKHUOHUL \¼]GH WHPHO HF]DFñOñN ¼U¼QOHUL
YH P¼VWDK]DUODUñ \¼]GH
DOW VHNW¶UOHULGLU %XQD
NDUğñOñN KDP SHWURO YH
GRßDO JD] \¼]GH -
EDVñP YH ND\ñW KL]PHWOHUL
\¼]GH - YH JñGD
¼U¼QOHUL \¼]GH - ELU
D\ ¶QFH\H J¶UH HQGHNVOHULQ
HQ ID]OD JHULOHGLßL DOW
VHNW¶UOHU ROGX
$QD VDQD\L JUXSODUñ
VñQñʉDPDVñQD J¶UH \ñOñ E\O¼O D\ñQGD HQ
\¼NVHN D\OñN YH \ñOOñN
DUWñğ GD\DQñNOñ W¼NHWLP
PDOODUñQGD JHU§HNOHğWL
ú=0úR·úN
(N)LASYON8 7hRKúY(
OR7ALA0ASININ
h=(RúN'(
ðVWDWLVWLNL E¶OJHOHUH J¶UH
\DSñODQ D\UñPGD ð]PLUȃGH
7)EȃGH \ñOñ E\O¼O D\ñQGD ELU
¶QFHNL D\D J¶UH \¼]GH
ELU ¶QFHNL \ñOñQ $UDOñN
D\ñQD J¶UH \¼]GH ELU
¶QFHNL \ñOñQ D\Qñ D\ñQD
J¶UH \¼]GH YH D\OñN
RUWDODPDODUD J¶UH \¼]GH
DUWñğ JHU§HNOHğWL
7ð. ð]PLU %¶OJH
0¼G¼UO¼ß¼ȃQGHQ DOñQDQ
ELOJLOHUH J¶UH E\O¼O D\ñQGD
JH§HQ D\D J¶UH ʈ\DWñ HQ
ID]OD DUWDQ ¼U¼Q \¼]GH
ȃOXN DUWñğOD SDWOñFDQ
ROGX %X ¼U¼Q¼ \¼]GH
ȃOñN DUWñğOD HUNHN VSRU
D\DNNDEñVñ \¼]GH LOH \XPXUWD \¼]GH LOH RNXO §DQWDVñ YH \¼]GH
ȃOLN DUWñğOD PD]RW WDNLS
HWWL
)L\DWñ G¼ğHQ ¼U¼QOHULQ
EDğñQGD HOPD JHOGL E\O¼O
D\ñQGD HOPDQñQ ʈ\DWñ \¼]GH
G¼ğHUNHQ EX ¼U¼Q¼
ʈ\DWñ \¼]GH G¼ğHQ
OLPRQ LOH ʈ\DWñ \¼]GH G¼ğHQ §RFXN WLğ¶UW¼ L]OHGL
GÖSTERGE
ENRnRmLN JYen enGeNVL 1 Gût
E
NRQRPLN J¼YHQ
HQGHNVL VL\DVL
EHOLUVL]OLN J¼YHQOLN
HQGLğHOHUL YH 7/ȃGHNL GHßHU
ND\Eñ QHGHQL\OH E\O¼O
D\ñQGD D\OñN ED]GD HQ VHUW
G¼ğ¼ğ¼Q¼ JHU§HNOHğWLUGL
YH ELU ¶QFHNL D\D J¶UH
\¼]GH D]DODUDN
GHßHULQH JHULOHGL
EQGHNV E¶\OHFH 7ð.ȃLQ
YHUL\L KHVDSODPD\D
EDğODGñßñ 2FDN ȃGHQ
EHUL HQ G¼ğ¼N GHßHUL
DOGñ 7ð.ȃWHQ \DSñODQ
D§ñNODPD\D J¶UH HNRQRPLN
J¼YHQ HQGHNVLQGHNL G¼ğ¼ğ
HQGHNVL ROXğWXUDQ W¼P
J¼YHQ HQGHNVOHULQGHNL
G¼ğ¼ğOHUGHQ ND\QDNODQGñ
7¼NHWLFL J¼YHQ HQGHNVL
E\O¼O D\ñQGD ELU ¶QFHNL D\D
J¶UH \¼]GH RUDQñQGD
D]DODUDN GHßHULQH
G¼ğW¼ 3HUDNHQGH WLFDUHW
VHNW¶U¼ J¼YHQ HQGHNVL
\¼]GH D]DODUDN GHßHULQH JHULOHGL +L]PHW
VHNW¶U¼ YH LQğDDW VHNW¶U¼
J¼YHQ HQGHNVOHUL LVH $ßXVWRV D\ñQD J¶UH VñUDVñ\OD
\¼]GH YH \¼]GH RUDQñQGD D]DODUDN YH
GHßHUOHULQH G¼ğW¼
ENRQRPLN J¼YHQ HQGHNVL
$ßXVWRV D\ñQGD GHßHULQL DOPñğWñ
R((L K(Sú0 Gh9(Nú
·hN AL7INA úN'ú
7¼NHWLFL J¼YHQ HQGHNVLQLQ J¼YHQOLN HQGLğHOHUL YH
VH§LP VRQUDVñ DUWDQ VL\DVL
EHOLUVL]OLNOH E\O¼OȃGH 2FDN
ȃGDQ EX \DQD HQ G¼ğ¼N
GHßHULQL DOPDVñ DUGñQGDQ
D§ñNODQDQ UHHO NHVLP J¼YHQ
HQGHNVL GH $UDOñN ȃGHQ
EHUL LON NH] HNRQRPLN
IDDOL\HWOHUGH N¶W¼PVHU
J¶U¼Q¼P DQODPñQD JHOHQ
VHYL\HQLQ DOWñQD LQHUHN
E\O¼OȃGH ELU ¶QFHNL D\D
J¶UH SXDQ D]DOñğOD VHYL\HVLQH JHULOHGL 0HYVLPVHOOLNWHQ DUñQGñUñOPñğ
UHHO NHVLP J¼YHQ HQGHNVL
LVH ELU ¶QFHNL D\D J¶UH SXDQ D]DODUDN ROGX
5HHO NHVLP J¼YHQ HQGHNVL
YH \ñOODUñ ER\XQFD VHYL\HVLQLQ ¼]HULQGH
NDOPñğWñ
7&0%ȃGHQ \DSñODQ
D§ñNODPDGD ȆEQGHNVL ROXğWXUDQ DQNHW VRUXODUñQD DLW
\D\ñOPD HQGHNVOHUL LQFHOHQGLßLQGH PHYFXW PDPXO PDO
VWRNX PLNWDUñ HQGHNVL DUWñğ
\¶Q¼QGH HWNLOHUNHQ VRQ
¼§ D\GDNL WRSODP VLSDULğ
PLNWDUñ JHOHFHN ¼§ D\GDNL ¼UHWLP PLNWDUñ JHQHO
JLGLğDW JHOHFHN ¼§ D\GDNL
Btoe DoÖøÖ
E\ll’Ge
1 mLl\DrÖ
JeotL
<ñOñQ LON D\ñQGD ID]OD
YHUHQ PHUNH]L \¶QHWLP
E¼W§HVL E\O¼OȃGH PLO\DU 7/ D§ñN YHUGL
%X G¶QHPGH IDL] Gñğñ
E¼W§H D§ñßñ GD PLO\DU
7/ ROGX <ñOñQ LON D\ñQGD
PLO\RQ 7/ ID]OD YHUHQ
PHUNH]L \¶QHWLP E¼W§HVL
E\O¼O D\ñ JHU§HNOHğPHOHUL VRQUDVñQGD D\OñN
G¶QHPGH PLO\DU 7/
D§ñN YHUPLğ ROGX \ñOñ 2FDN-E\O¼O G¶QHPLQ-
Aylar
2014
Eylül
Ekim
.asÕm
AralÕk
2015
Ocak
ùubat
Mart
Nisan
MayÕs
Haziran
Temmuz
A÷ustos
Eylül
Reel Kesim
Güven
Endeksi
Tüketici
Güven
Endeksi
107,6
106,9
102,7
101,2
74,0
70,3
68,7
67,7
103,2
103,4
103,5
107,9
109,0
104,9
105,4
103,7
99,1
67,7
68,1
64,4
65,4
64,3
66,4
64,7
62,4
58,5
LKUDFDW VLSDULğ PLNWDUñ VDELW
VHUPD\H \DWñUñP KDUFDPDVñ
JHOHFHN ¼§ D\GDNL WRSODP
LVWLKGDP PLNWDUñ YH PHYFXW
WRSODP VLSDULğ PLNWDUñQD
LOLğNLQ GHßHUOHQGLUPHOHU
HQGHNVL D]DOñğ \¶Q¼QGH
HWNLOHPLğWLUȇ GHQLOGL
ENRQRPLN J¼YHQ HQGHNVL W¼NHWLFL J¼YHQ J¶VWHUJHVL
LOH PHYVLP HWNLOHULQGHQ
DUñQGñUñOPñğ LPDODW VDQD-
GH PLO\DU 7/ D§ñN
YHULOPLğWL
0DOL\H %DNDQOñßñ
E\O¼O D\ñ LOH 2FDN-E\O¼O
G¶QHPL E¼W§H X\JXODPD
VRQX§ODUñQñ D§ñNODGñ
0HUNH]L \¶QHWLP
E¼W§HVLQGHQ 2FDN-E\O¼O
G¶QHPLQGH PLO\DU
OLUD KDUFDPD \DSñOGñ E¼W§H
JHOLUOHUL LVH V¶] NRQXVX
G¶QHPGH PLO\DU OLUD
ROGX
\ñOñ 2FDN-E\O¼O
\L UHHO NHVLP KL]PHW
SHUDNHQGH WLFDUHW YH LQğDDW
VHNW¶UOHULQH LOLğNLQ J¼YHQ
J¶VWHUJHOHULQLQ DßñUOñNODQGñUñODUDN ELUOHğWLULOPHVLQGHQ
ROXğX\RU 7ð. HQGHNVLQ
HNRQRPLN E¼\¼PH\H LOLğNLQ
RODUDN GLßHU HNRQRPLN
J¶VWHUJHOHUH Nñ\DVOD GDKD
HUNHQ ELOJL VDßODGñßñQGDQ
¶QF¼ ELU J¶VWHUJH ROGXßXQX
EHOLUWL\RU
G¶QHPLQGH YHUJL JHOLUOHUL
ELU ¶QFHNL \ñOñQ D\Qñ G¶QHPLQH J¶UH \¼]GH RUDQñQGD DUWDUDN PLO\DU
7/ VHYL\HVLQH XODğWñ )DL]
KDUL§ JLGHUOHU \¼]GH RUDQñQGD DUWDUDN PLO\DU 7/ RODUDN JHU§HNOHğWL \ñOñ 2FDN-E\O¼O
G¶QHPLQGH PLO\DU 7/
IDL] Gñğñ ID]OD YHULOPLğNHQ
EX \ñOñQ D\Qñ G¶QHPLQGH
PLO\DU 7/ IDL] Gñğñ
ID]OD YHULOGL
EKùM
69
GÖSTERGE
ùKrDFDttD \ÖlÖn en Vert Gûû
7
¼UNL\HȃQLQ E\O¼O
D\ñ LKUDFDWñ JH§HQ
\ñOñQ D\Qñ G¶QHPLQH
J¶UH \¼]GH G¼ğ¼ğOH PLO\DU PLO\RQ GRODU
ROGX ȃLQ 2FDN-E\O¼O
G¶QHPLQGH \¼]GH JHULOHPH\OH PLO\DU
PLO\RQ GRODU RODQ
LKUDFDW VRQ D\OñN V¼UH§WH
GH \¼]GH D]DOñğOD
PLO\DU PLO\RQ
GRODU RODUDN JHU§HNOHğWL
0D\ñVȃWDNL \¼]GH ȃOXN
VRQUD E\O¼OȃGHNL \¼]GH
ȃOLN G¼ğ¼ğ JH§HQ \ñOñQ
D\Qñ D\ñQD J¶UH HQ \¼NVHN
ND\ED LğDUHW HGL\RU
7¼UNL\H ðKUDFDW§ñODU
0HFOLVL 7ð0 %DğNDQñ 0HKPHW %¼\¼NHNğL
$GDQDȃGD D§ñNODGñßñ
YHULOHUGHNL G¼ğ¼ğH QHGHQ RODUDN EXUR'RODU
SDULWHVLQL YH ED\UDPGD LğJ¼Q¼ ND\Eñ LOH GHYDPñQGDNL \DYDğODPD\ñ J¶VWHUGL
$OPDQ\DȃGDQ ðQJLOWHUHȃ\H
$%'ȃGHQ 5XV\D ,UDN EDğWD
ROPDN ¼]HUH LKUDFDW§ñODU
W¼P E¼\¼N SD]DUODUñQGD §LIW
KDQHOL ND\ñSODU \DğDUNHQ
%¼\¼NHNğLȃQLQ YHUGLßL ELOJL\H J¶UH .XUEDQ %D\UDPñ
WDWLOL LKUDFDW§ñ\ñ PLO\DU
GRODUGDQ HWWL GH§HQ \ñOñQ
LON D\ñQD J¶UH \¼]GH JHULOH\HQ EXUR'RODU SDULWHVLQLQ E\O¼OȃGH LKUDFDW§ñ\D
YHUGLßL ]DUDU LVH PLO\DU
GRODU ROGX
7¼UNL\H ðKUDFDW§ñODU
0HFOLVL 7ð0 YHULOHULQH
J¶UH LON D\GD WDUñP YH
VDQD\L LKUDFDWñ NLORJUDP
ED]ñQGD \¼]GH DUWñğ J¶VWHUGL E\O¼O D\ñQGD HQ ID]OD
LKUDFDWñ PLO\DU GRODUOD
RWRPRWLY VHNW¶U¼ \DSDUNHQ
EX VHNW¶U¼ PLO\DU GRODUOD KD]ñUJL\LP YH PLO\DU
GRODUOD NLP\HYL PDGGHOHU
70 EKùM 2015
VHNW¶UOHUL L]OHGL
7¼UNL\HȃQLQ LKUDFDW§ñ
VHNW¶U¼QGHQ VDGHFH DPD
VDGHFH VDYXQPD VDQD\L LOH
IñQGñN LKUDFDW§ñODUñ E\O¼OȃGH
JH§HQ \ñOD J¶UH LKUDFDWñQñ DUWWñUGñ SDYXQPDQñQ
7¼UNL\HȃQLQ LKUDFDWñQGDNL
SD\ñ \¼]GH IñQGñßñQ
SD\ñ \¼]GH ðNL N¼§¼N
VHNW¶U VHYLQLUNHQ ORNRPRWLI
VHNW¶UOHU GXUGXUXODPD\DQ
JHULOHPH\OH NDUğñ NDUğñ\D 7HN EDğñQD 7¼UNL\H
LKUDFDWñQñQ \¼]GH ȃVLQL
\DSDQ RWRPRWLY VHNW¶U¼QGH
E\O¼OȃGHNL ND\ñS \¼]GH GRNX] D\OñN ND\ñS LVH \¼]GH
ROGX
KAYI3 YIL OLACAK
E\O¼O D\ñQGD HQ ID]OD
LKUDFDW \DSñODQ LON ¼ONH
$OPDQ\D ðQJLOWHUH ,UDN
ðWDO\D YH $%' ROGX
$OPDQ\Dȃ\D LKUDFDW
\¼]GH ðQJLOWHUHȃ\H LKUDFDW \¼]GH ,UDNȃD LKUDFDW
\¼]GH ðWDO\Dȃ\D LKUDFDW
\¼]GH $%'ȃ\H LKUDFDW
\¼]GH JHULOHGL
EQ ID]OD LKUDFDW \DSDQ
LON NHQWH EDNñOGñßñQGD
0DQLVDȃQñQ LKUDFDWñ E\O¼O
D\ñQGD \¼]GH JHULOHUNHQ
SDNDU\DȃQñQ LKUDFDWñ \¼]GH
%XUVDȃQñQ \¼]GH $QNDUDȃQñQ YH GD]LDQWHSȃLQ
\¼]GH ð]PLUȃLQ YH
.RFDHOLȃQLQ \¼]GH 'HQL]OLȃQLQ \¼]GH ðVWDQEXOȃXQ \¼]GH YH
+DWD\ȃñQ \¼]GH G¼ğW¼
$GDQDȃQñQ LKUDFDWñ E\O¼O
D\ñQGD \¼]GH LON D\GD
LVH \¼]GH JHULOHGL
7¼UNL\HȃQLQ HQ E¼\¼N
LKUDFDW SD]DUñ $YUXSD
¼ONHOHUL \HQL \HQL E¼\¼PH
J¶VWHUL\RU $QFDN KDOHQ
GDKD LVWHQLOHQ UDNDPODUD
XODğñOPñğ GHßLO <ñOñQ LON
TrNL\e AB’nLn en önemlL
EeûLnFL RrtDøÖ
$%·QLQEX\ÖOÖQ2FDN$øXVWRVG|QHPLQGH
PLO\DUHXUROXNLKUDFDWPLO\DUHXUROXNLWKDODW
JHUoHNOHûWLUGLøL7UNL\HELUOLøLQ·LQFLHQ|QHPOL
WLFDUHWRUWDøÖROGX
$YUXSDùVWDWLVWLN2ÀVL·QLQ(XURVWDWYHULOHULQGHQ
GHUOHQHQELOJLOHUHJ|UH$%\ÖOÖQÖQ2FDN
$øXVWRVD\ODUÖQÖNDSVD\DQG|QHPGH7UNL\H·\H
PLO\DUHXUROXNLKUDFDWJHUoHNOHûWLUGL$%·QLQ
7UNL\H·\H\DSWÖøÖLKUDFDWJHoHQ\ÖOÖQD\QÖG|QHPLQH
NÖ\DVOD\]GHDUWÖûND\GHWWL
\HOL$YUXSD%LUOLøL·QLQV|]NRQXVXG|QHPGH
7UNL\H·GHQLWKDODWÖLVHPLO\DUHXURVHYL\HVLQGH
JHUoHNOHûWL$%·QLQ7UNL\H·GHQLWKDODWÖEX\ÖOÖQ2FDN
$øXVWRVG|QHPLQGH\ÖOÖQÖQD\QÖG|QHPLQH
RUDQOD\]GHDUWWÖ%|\OHFH7UNL\H$%·QLQHQ
E\N·LQFLWLFDUHWRUWDøÖROGX
\DUñVñ <XQDQLVWDQ NUL]L\OH
XßUDğDQ $YUXSD ¼ONHOHULQH LQȃLQ G¼ğ¼N E¼\¼PH
ND\JñODUñQñQ \DQñ VñUD $%'
0HUNH] %DQNDVñȃQñQ IDL]
DUWñUPD V¼UHFL GH ROXPVX]
HWNL \DSñ\RU
$YUXSDȃQñQ VñNñQWñVñ
D\Qñ ]DPDQGD 7¼UNL\HȃQLQ
GH VñNñQWñVñ 7¼P EXQODU LKUDFDW§ñ\ñ ROGXN§D ]RU GXUXPD VRNX\RU ]HULQH ELU GH
\XUW L§LQGH OLUD\ñ DğDUDN
UHNRU NñUDQ GRODU LOH VL\DVL
EHOLUVL]OLN YH J¼YHQOLN ND\JñODUñ HNOHQLQFH LKUDFDW§ñQñQ
EX \ñOñ ND\ñSOD NDSDWPDVñ
PXKWHPHO J¶U¼Q¼\RU
3ARú7( 0úLYAR
'OLAR KAY%(77úR'ú
7¼UNL\HȃQLQ LKUDFDWñQñ
PLNWDU ED]ñQGD DUWñUPDVñQD
UDßPHQ EXURGRODU SDULWHVL
QHGHQL\OH GHßHU ED]ñQGD
JHULOHPH \DğDQGñßñQñ YH
LKUDFDW§ñ L§LQ EXQXQ VñNñQWñ
\DUDWWñßñQñQ DOWñQñ §L]HQ %¼\¼NHNğL Ȇ2UWDODPD EXUR
'RODU SDULWHVL LON D\GD JH§HQ VHQH\H J¶UH \¼]GH JHULOHGL %X JHULOHPHQLQ
LKUDFDWñPñ]D IDWXUDVñ LVH LON
D\GD WRSODP PLO\DU
GRODU ROGX ðKUDFDWñQ VRQ
§H\UHNWHQ LWLEDUHQ WRSDUODQDFDßñQD LQDQñ\RUX]ȇ GHGL
GÖSTERGE
KDrûÖlÖNVÖ]
oeNlerGe
E\N
DrtÖû
7
¼UNL\H %DQNDODU
%LUOLßL 5LVN 0HUNH]L
E\O¼O D\ñQD DLW
§HN ELOJLOHULQL D§ñNODGñ
9HULOHUH J¶UH 2FDN Ǿ E\O¼O
G¶QHPLQL NDSVD\DQ
D\OñN V¼UHGH NDUğñOñNVñ]
§HN DGHGL JH§HQ \ñOñQ D\Qñ
G¶QHPLQH J¶UH \¼]GH DUWDUNHQ NDUğñOñNVñ] LğOHPL
\DSñODQ §HNOHULQ WXWDUñQGDNL
DUWñğ LVH \¼]GH RUDQñQGD
JHU§HNOHğWL
ȃLQ LON D\ñQGD
EDQNDODUD LEUD] HGLOHQ
§HNOHULQ VD\ñVñ PLO\RQ
DGHGH XODğñUNHQ EX §HNOHULQ
SDUDVDO WXWDUñ GD PLO\DU
7/ ROGX %X G¶QHPGH LEUD]
HGLOHQ §HN VD\ñVñ JH§HQ \ñOD
J¶UH \¼]GH DUWWñ
%úN d(K(
úûL(0 YA3IL'I
2FDN Ǿ E\O¼O G¶QHPLQGH SDUDVDO WXWDUñ PLO\DU 7/ȃ\L EXODQ ELQ
DGHW §HN L§LQ NDUğñOñNVñ]
LğOHPL \DSñOGñ %XQXQOD
ELUOLNWH D\Qñ G¶QHPGH
NDUğñOñNVñ] LğOHPL \DSñODQ
PLO\DU 7/ WXWDUñQGDNL
ELQ DGHW §HN GDKD VRQUD
¶GHQGL
E\O¼O D\ñQGD NDUğñOñNVñ]
LğOHPL \DSñODQ §HNOHULQ EDQNDODUD LEUD] HGLOHQ §HNOHUH
RUDQñ DGHW RODUDN \¼]GH YH WXWDU RODUDN \¼]GH ROGX
2FDN Ǿ E\O¼O ȃL
NDSVD\DQ D\OñN G¶QHPGH
LVH NDUğñOñNVñ] LğOHPL \DSñODQ §HNOHULQ EDQNDODUD LEUD]
HGLOHQ §HNOHUH RUDQñ DGHW
ED]ñQGD JH§HQ \ñOñQ D\Qñ
G¶QHPLQH J¶UH SXDQOñN
DUWñğOD \¼]GH YH WXWDU
ED]ñQGD SXDQOñN DUWñğOD
\¼]GH RODUDN JHU§HNOHğWL
úLL(R( GgR( '8R80
E\O¼O D\ñQGD DGHW
ED]ñQGD HQ ID]OD NDUğñOñNVñ]
LğOHPL \DSñODQ LO VñUDVñ\OD
ðVWDQEXO $QNDUD $QWDO\D
ð]PLU YH %XUVD ROGX 7XWDU
RODUDN HQ ID]OD NDUğñOñNVñ]
LğOHPL \DSñODQ §HNOHULQ EX-
OXQGXßX LOOHUGH LVH ðVWDQEXO
\LQH LON VñUDGD \HU DOñUNHQ
EX LOL VñUDVñ\OD $QNDUD
$QWDO\D ð]PLU YH .RFDHOL
L]OHGL
E\O¼O D\ñQGD WXWDU
RODUDN NDUğñOñNVñ] LğOHPL
\DSñODQ §HNOHULQ LEUD]
HGLOHQ §HNOHUH RUDQñQñQ HQ
\¼NVHN ROGXßX LO \¼]GH
RUDQOD %LQJ¶O ROGX
%LQJ¶Oȃ¼ VñUDVñ\OD \¼]GH
LOH %LWOLV \¼]GH LOH +DNNDUL \¼]GH LOH
$UWYLQ YH \¼]GH RUDQOD
9DQ WDNLS HWWL 7XWDU RODUDN
HQ G¼ğ¼N NDUğñOñNVñ] §HN
RUDQñQD VDKLS LOOHU LVH %ROX
.DUDPDQ YH .DUDE¼N RODUDN VñUDODQGñ
Ö]el VeNtörn ERro YDGeVL u]u\Rr
7¼UNL\H &XPKXUL\HW
0HUNH] %DQNDVñ 7&0%
YHULOHULQH J¶UH $ßXVWRV
VRQX LWLEDUñ\OD ¶]HO VHNW¶U¼Q \XUW GñğñQGDQ VDßODGñßñ
NñVD YDGHOL NUHGL ERUFX PLO\DU PLO\RQ GRODUD
LQHUHN ELU ¶QFHNL D\D J¶UH
PLO\DU GRODU YH JH§HQ
\ñOñQ D\Qñ D\ñQD J¶UH LVH
PLO\DU GRODU D]DOGñ
]HO VHNW¶U¼Q \XUW Gñğñ
NñVD YDGHOL ERUFX PLO\DU
PLO\RQ GRODUOD WDULKL
]LUYHVLQL J¶UG¼ß¼ .DVñP G¶QHPLQGHQ EX \DQD
G¼ğ¼ğ HßLOLPLQL V¼UG¼U¼\RU
]HO VHNW¶U¼Q X]XQ
YDGHOL \XUW Gñğñ ERUFX LVH
DßXVWRV VRQX LWLEDUñ\OD PLO\DU PLO\RQ GRODUOD
WDULKL ]LUYHVLQH XODğWñ $ßXV-
WRV D\ñ VRQX LWLEDUñ\OD ¶]HO
VHNW¶U¼Q X]XQ YDGHOL NUHGL
ERUFX ELU ¶QFHNL D\D J¶UH
PLO\DU GRODU YH JH§HQ
\ñOñQ D\Qñ D\ñQD J¶UH PLO\DU GRODU DUWñğ J¶VWHUGL
%¶\OHFH ¶]HO VHNW¶U¼Q NñVD
YH X]XQ YDGHOL WRSODP \XUW
Gñğñ G¶YL] ERUFX $ßXVWRV
VRQX LWLEDUñ\OD PLO\DU
PLO\RQ GRODUD \¼NVHOGL
<XUW Gñğñ ERU§ODQPDGD
¶]HO VHNW¶U¼Q NñVD YDGHOL ERUFXQXQ SD\ñ .DVñPȃGD \¼]GH G¼]H\LQGH LNHQ EX \ñOñQ
$ßXVWRV VRQX LWLEDUñ\OD
\¼]GH ȃH NDGDU JHULOHGL
$\Qñ G¶QHPGH X]XQ YDGHOL
ERU§ODUñQ WRSODP ERU§ L§LQGHNL SD\ñ \¼]GH ȃGHQ
\¼]GH ȃH §ñNWñ
EKùM
71
7(0(/(.2120ù.*g67(5*(/(5
BÜYÜME
GSYH (Cari Fiyatlarla) (Milyon $)
Büyüme OranÕ (Sabit Fiyatlarla) ()
ømalat Sanayi (Sabit Fiyatlarla) ()
2010
2011
2012
2013
2014
2015/II
731.608
9,2
13,6
774.188
8,8
10
785.721
2,2
1,8
821.937
4,2
3,7
800.107
2,9
3,7
180.451
3,8
5,0
øùGÜ&Ü 9E øSTø+DAM
2010
2011
2012
2013
2014
Tem.15
østiKdam Edilen .iúi SayÕsÕ (Bin .iúi)
østiKdam OranÕ ()
øúsiz SayÕsÕ (Bin .iúi)
øúsizlik OranÕ ()
TarÕm 'ÕúÕ øúsizlik OranÕ ()
22.594
41,3
3.046
11,9
14,8
24.110
43,1
2.615
9,8
12,4
24.821
43,6
2.518
9,2
11,5
25.524
44,0
2.747
9,7
12,0
25.933
45,5
2.853
9,9
12,0
27.342
47,2
2.970
9,8
12,0
ENFLASYON (%)
2010
2011
2012
2013
2014
Eyl.15
8,51
8,58
11,07
14,65
6,45
6,17
3,49
8,94
4,48
6,57
7,49
10,29
13,12
8,85
6,92
16,26
7,95
Yø-hFE (yÕllÕk)
YD-hFE (yÕllÕk)
ThFE (yÕllÕk)
DIù Tø&ARET (Milyon )
øKracat
øtKalat
DÕú Ticaret DenJesi
Cari øúlemler DenJesi
2010
2011
2012
2013
2014
Oca.-A÷X. 2015
113.883
185.544
-71.661
-45.420
134.907
240.842
-105.863
-75.082
152.462
236.545
-84.083
-48.497
151.803
251.661
-99.858
-64.940
157.643
242.184
-84.540
-45.846
95.674
140.916
-45.242
-25.674
TEù9øKLø YATIRMLAR
2010
2011
2012
2013
2014
Oca.-A÷X. 2015
Teúvikli YatÕrÕmlar (Milyon T/)
Teúvikli YatÕrÕmlar (BelJe Adedi)
60.241
3.956
52.384
4.213
57.822
4.234
96.048
4.906
62.021
4.055
61.557
3.035
KURULAN-KAPANAN ùøRKETLER (Adet)
2010
2011
2012
2013
2014
Oca.-Eyl. 2015
102.913
43.363
114.872
56.121
107.219
47.978
108.930
37.273
126.635
39.051
86.139
24.757
ULUSLARARASI SERMAYELø YATIRIMLAR
2010
2011
2012
2013
2014
Oca.-Tem. 2015
ùirket SayÕsÕ (Adet)
YatÕrÕm TutarÕ (Milyon $)
3.250
6.221
4.333
14.146
4.265
10.126
3.780
9.298
4.692
8.447
2.638
7.084
Dg9øZ POZøSYON AdIöI (Milyar )
2010
2011
2012
2013
2014
Tem.15
-92
-122
-139
-174
-175
-175
2010
2011
2012
2013
2014
2015/II
292
89
191
304
94
200
339
104
228
389
116
268
402
118
282
405
116
288
KREDøLER (Milyar $)
2010
2011
2012
2013
2014
A÷X.15
Özel Sekt|rün YurtdÕúÕndan Sa÷ladÕ÷Õ Kredi Borcu
119,7
126,8
139,6
155,9
167,4
212,2
2010
2011
2012
2013
2014
A÷X.15
12,4
14
9,7
10,1
2,5
2,2
3,4
4,4
3,5
3,1
7,2
8,7
2010
2011
2012
2013
2014
Eyl.15
72,6
75,4
74,2
74,6
74,4
75,9
GÜ9EN ENDEKSLERø
2010
2011
2012
2013
2014
Eyl.15
Reel Kesim Güven Endeksi
Tüketici Güven Endeksi
Ekonomi Güven Endeksi
106,4
90,9
-
97,2
92
-
106,3
75,8
104,2
108,1
76
107,9
107,1
72,5
94,1
99,1
58,5
70,9
SANAYø &øRO ENDEKSø
2010
2011
2012
2013
2014
A÷X.15
100
129,9
140,1
153,1
172,7
191,6
2010
2011
2012
2013
2014
Oca.-Eyl.15
.urulan ùirket SayÕlarÕ
.apanan ùirket SayÕlarÕ
Reel .esimin D|viz 3ozisyon AçÕ÷Õ
BORÇLANMA (Milyar $)
DÕú Borç Stoku
Kamu
Özel
SANAYø ÜRETøM ENDEKSø
(YÕllÕk Ortalama % De÷.) Takv. Etk. ArÕndÕrÕlmÕú
Toplam Sanayi
ømalat Sanayi
KAPASøTE KULLANIMI (%)
Kapasite KullanÕm OranÕ
Sanayi Ciro Endeksi
MERKEZø YgNETøM BÜTÇESø (Milyon TL)
Bütçe Dengesi
-40.081
-17.783
-28.791
-18.449
-22.666
-13.462
PROTESTOLU SENET
2010
2011
2012
2013
2014
Oca.-A÷X.15
3rotesto Edilen Senet SayÕsÕ (Bin Adet)
3rotesto Edilen Senet TutarÕ (Milyon T/)
1.216
5.769
919
4.902
1.075
6.949
1.091
7.494
1.004
8.221
646
6.087
KARùILIKSIZ ÇEK
2010
2011
2012
2013
2014
Oca.-A÷X.15
860
581
943
748
673
490
505
298
400
289
216
94
KarúÕlÕksÕz iúlemi yapÕlan dek Adedi (Bin Adet)
KarúÕlÕksÕz iúlemi yapÕldÕktan sonra |denen dek Adedi
(Bin Adet)
BORSA VE DgVøZ
2010
2011
2012
2013
2014
Eki.15
BIST 100 Endeksi
Euro/$
59.567
1,33
60.195
1,39
64.982
1,29
77.314
1,33
76.306
1,33
79.345
1,13
Q*|VWHUJHVD\IDODUÖ(%62$UDûWÖUPD0GUOøWDUDIÖQGDQKD]ÖUODQPÖûWÖU
Aradığınız, en kaliteli baskı tekniklerini, en modern sistemlerde, en
Aradığınız;personel
en kaliteli
en modern
en
profesyonel
ile baskı
A’dan tekniklerini,
Z’ye bir araya
getirmiş, sistemlerde,
ﬁyatta doğru
profesyonelkoruyarak
personel isteklerinizi
ile A’dan Z’ye
birzamanında
araya getirmiş,
ﬁyatta etmiş,
doğru
rekabetçiliği
tam
size teslim
rekabetçiliği
koruyarak
isteklerinizi
tam
zamanında
size
teslim
dünden bugüne değil tam üç kuşaktır işinin hakkını vermiş bir etmiş,
dünden bugüne değil MATBAA
tam üç kuşaktır
ise... işinin hakkını vermiş bir
MATBAA ise...
DÜNYAYI
DÜNYAYIDOLAŞMANIZA
DOLAŞMANIZAGEREK
GEREK YOK
YOK !!
ĆćăĂŏ+''ŏ+čĂćŏđŏăĆĀĊĀŏ_) %%ŏĥŏŏ
!(čŏĀĂăĂŏąĆĉŏĆĉŏĀĊŏđŏ'/čŏĀĂăĂŏąĆĉŏĆąŏĀą
ĆćăĂŏ+''ŏ+čĂćŏđŏăĆĀĊĀŏ_) %%ŏĥŏŏ
%(#%Į0!'*+"/!0ċ+)ŏđŏ0!'*+"/!0Į#)%(ċ+)
!(čŏĀĂăĂŏąĆĉŏĆĉŏĀĊŏđŏ'/čŏĀĂăĂŏąĆĉŏĆąŏĀą
www.teknofset.com
ZZZDNWDVPDUEOHFRP
%(#%Į0!'*+"/!0ċ+)ŏđŏ0!'*+"/!0Į#)%(ċ+)
www.teknofset.com

HABER Dergisi Ekim 2015

Transkript

Benzer belgeler

HABER Dergisi Eylül 2015

Kronik Yönetim Krizinin Nesebi Gayri Sahih

çalışma raporu - Genel Maden İşcileri Sendikası

Logitrans Fuarı, lojistik sektörünü 7.kez buluşturdu

6 - Ege Bölgesi Sanayi Odası

HABER Dergisi Mayıs 2015