The public sector is basically based on two separate structures: general government and State
Economic Enterprises (SEEs). The duty losses of the SEEs are covered by the current transfer
payments made from the central government budget. For this reason, the duty losses of the SEEs can
create a burden on the public budget. However, there are also SEEs who do not have duty losses and
the positive values they create cannot be used in closing duty losses of SEEs who have deficit.Therefore, it can be mentioned from the application of ―sovereign wealth fund‖ which collects public
assets under a single fund structure and manages them according to market principles. In other
countries, the use of the sovereign wealth fund, which aims to assess the surplus of the budget and
bring in wealth to the future generations, is being implemented in Turkey in 2017 as well. But Turkish
application aims to bring the management, operation, supervision, procedures and principles of public
assets within the portfolio out of public legislation, rather than the revaluation of budget surplus such
as in other countries.The implementation of the Turkey sovereign wealth fund, which can be considered new for the
Turkish economy and leads to a major change in public asset management, is worth reviewing in
terms of its content. In this context, first of all, the concept of sovereign wealth fund will be explained
theoretically and applications of various sovereign wealth funds will be examined from other
countries. Subsequently, the application of the sovereign wealth fund in Turkey will be explained
within the relevant legislation and the criticisms brought into practice and the arguments that affirm
the application will be discussed.