Pages

Friday, March 29, 2024

Katip Qelebi's Treasury Reforms

Katip Qelebi’s treatise emphasized the importance of entrusting the state’s treasury to individuals of strong integrity and willpower. He advocated for fiscal responsibility, suggesting the maintenance of a budget reserve for at least one year. His rational proposals aimed to uphold legal sovereignty and ensure financial stability within the empire.


Unheeded Reforms and Political Turmoil


Despite Katip Qelebi’s recommendations and the efforts of Grand Vizier Tarhuncu Ahmet Pasha, progress toward treasury reform stalled. Tragically, Tarhuncu Ahmet Pasha faced capital punishment, signaling a setback in the quest for financial integrity Private Istanbul Tours.


Confiscations and Financial Seizures


Successive viziers failed to address the ongoing practice of confiscations. During Ib§ir Pasha’s tenure, the confiscation of the Minister of Finance in Mora led to the seizure of vast amounts of gold and silver. This wealth was redirected to the state treasury, perpetuating the cycle of financial control.


External Threats and Financial Strain


The blockade of the Dardanelles by the Russians during Siyavu§ Pasha’s term heightened tensions, amplifying the importance of the treasury amid external threats. The ongoing Cretan War further strained financial resources, underscoring the urgency of fiscal management during times of crisis.


Reform Initiatives Under Koprulii Mehmet Pasha


The appointment of Koprulii Mehmet Pasha as Grand Vizier marked a turning point in treasury reform. In 1656 A.D., he assumed office with full authority, initiating significant changes in financial governance. His tenure, alongside that of his son Fazil Ahmet Pasha, was instrumental in reshaping the Ottoman Imperial Treasury based on new principles.


Counting the Treasury and Reorganization

Koprulii Mehmet Pasha and his successors prioritized the meticulous counting of the treasury and the reorganization of register books. Their efforts stemmed from the financial challenges faced by the state in the mid-17th century, exacerbated by tensions with Russia. These reforms laid the groundwork for a more sustainable and efficient financial system within the empire.

No comments:

Post a Comment