Budget
- Business
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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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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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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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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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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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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Cash budget deficit at 159 billion Turkish Liras
The Treasury and Finance Ministry has reported a cash budget deficit of 159 billion Turkish Liras ($8.15 billion) in April.…
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Black Sea gas to contribute billions of lira to Turkiye’s budget
Annual output of Black Sea gas in first production phase is estimated in region of 3.6 billion cubic meters The…
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Budget posts 79 billion Turkish Liras deficit
The central government budget posted a deficit of 79 billion Turkish Liras ($4.2 billion) in September, the Treasury and Finance…
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Budget posts 64 billion Turkish Liras deficit in July
The central government budget posed a deficit of 64 billion Turkish Liras ($3.6 billion) in July, the Treasury and Finance…
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