Budget

Istanbul
26/10/2023
0
Istanbul: Bridge, highway tolls increased
The tolls for highways and bridges have been increased, the General Directorate of Highways (KGM) has announced. According to the…
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Business
20/10/2023
0
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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Business
17/09/2023
0
Turkiye: Central government budget posts surplus in August
The central government budget produced a surplus of 51.27 billion Turkish Liras in August, thanks to strong tax revenues. Budget…
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Business
14/09/2023
0
Water prices in Istanbul hiked by 25% following IBB decision
The Istanbul Metropolitan Municipality (IBB) Council has approved a significant 25% hike in water prices, impacting both residential and commercial…
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Business
15/08/2023
0
Turkiye: The budget gave a surplus of ₺48.6 billion in July
Budget revenues were calculated as ₺504.4 billion and expenditures as ₺455.8 billion in July. The budget had a surplus of…
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Business
06/08/2023
0
Saudi Arabia to lead GCC’s education sector with $50 billion allocation in 2023 budget
Overall education spending across the GCC averages 13.3% this year, says Alpen Capital Saudi Arabia is expected to lead the…
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Local Turkiye
19/07/2023
0
Turkiye: Budget posts 220 billion liras of deficit
The central government budget produced a deficit of 219.6 billion Turkish Liras ($8.36 billion) in June, the Treasury and Finance…
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Local Turkiye
16/07/2023
0
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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Business
08/07/2023
0
Turkiye hikes tax rates to reduce budget deficit
Turkiye on Friday hiked value-added tax (VAT) by 2 percentage points and also raised the tax collected on bank consumer…
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Business
16/05/2023
0
Turkiye: Budget posts 133 billion Turkish Liras deficit
The central government budget produced a deficit of 132.5 billion Turkish Liras ($6.7 billion) in April, the Treasury and Finance…
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