Deficit
- Business
Current account deficit amounted to $3.265 billion in February
According to the balance of payments data released by the Central Bank of the Republic of Turkey, Turkey’s current account…
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Turkish Finance Minister: Trade deficit was below expectations in February
Minister of Treasury and Finance Mehmet Şimşek stated that the trade deficit was below expectations in February and decreased by…
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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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Turkish Finance Minister: Current Account Deficit to Drop Below 3% of GDP
Turkish Finance and Treasury Minister Mehmet Şimşek has indicated that by the end of the first quarter, the current account…
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Turkiye runs current account deficit of $2.5 Billion in January
Gold-energy excluded current account balance sees surplus of around $3.6B Türkiye’s current account balance posted a deficit of $2.55 billion…
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Experts Anticipate Potential Credit Rating Upgrades from Other Agencies Following Fitch Ratings
Financial experts are forecasting possible credit rating upgrades from other credit rating agencies following the recent elevation of Turkey’s credit…
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Turkish Treasury posts $12.8 Billion cash deficit in January-February
Treasury’s interest payments amounted to $5.1B last month, ministry says The Turkish Treasury’s cash balance saw a deficit of 405.4…
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Decrease Continues in FX-Protected Deposits
The Banking Regulation and Supervision Agency (BDDK) has published a report on the changes in the banking sector’s loans and…
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Turkiye Raw Steel Production Sees 24.7% Yearly Increase in January
The Turkish Steel Producers Association (TÇÜD) has disclosed the raw steel production, consumption, and foreign trade data for the month…
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U.S. Congressional Budget Office Forecasts $2.6 Trillion Budget Deficit by 2034
The Congressional Budget Office (CBO) anticipates that the United States federal government’s budget deficit will reach $2.6 trillion by 2034,…
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