budget deficit
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Turkiye’s March Budget: Revenues Reach ₺483.8 Billion, Expenses Hit ₺692.8 Billion
Turkiye’s central government budget revenues were ₺483 billion 842 million and expenses were ₺692 billion 807 million in March. The…
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Turkiye runs budget deficit of $16.6 Billion in Q1
Country’s revenues up by 130% year-on-year in Q1, expenditures increase by 106% Türkiye’s budget balance posted a deficit of 513.5…
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Turkiye’s budget deficit at $10 Billion in January-February
Budget revenues total $38.25B, expenditures $48.5B, official data shows Türkiye’s central government budget posted a deficit of 304.5 billion liras…
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Finance Minister: People will be able to buy a house more easily when inflation drops to single digits
Minister of Treasury and Finance Mehmet Simsek said that they will meet the targets for growth, unemployment rate, inflation and…
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Turkiye’s budget deficit falls to $5B in January
Budget revenues total $20.5B, expenditures $25.5B, official data shows Türkiye’s central government budget posted a deficit of 150.7 billion liras…
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Turkish banks’ refinancing pressures reduced: Fitch
Refinancing pressures have reduced for Turkish banks, following the post-election policy shift that includes progress towards a more conventional policy…
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Turkish Treasury posts $2.95 Billion cash deficit in October
Treasury’s cash revenues total $17.3B, expenditures amount to $20.2B last month The Turkish Treasury’s cash balance ran a deficit of…
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Turkiye: Government targets 72 percent increase in tax income
Tax revenues are expected to increase by 72 percent, according to the 2024 budget proposal submitted to the parliament. The…
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Turkiye posts budget deficit of $4.6 Billion in September after two months of surplus
Turkiye’s central government budget recorded a deficit of 129.2 billion Turkish liras (approximately $4.63 billion) in September, following two consecutive…
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Turkiye increases special consumption tax on gasoline by 200% in one day
Turkiye raised the special consumption tax (ÖTV) on petrol on July 16 to help to fund a 1.12 trillion lira…
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