Treasury
- Turkiye
Turkiye’s Cash Budget Deficit Rises to $5.7 Billion in August Amid Lower Revenues
The Treasury’s cash budget posted a deficit of 194 billion Turkish Liras ($5.7 billion) in August, higher than the deficit…
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Asian factories show tentative recovery as China improves
Asian factories, including China’s manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm…
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UAE gold prices down, global rates dip as market awaits September U.S. rate cut
The dollar hovered near its lowest level in 13 months, making gold cheaper for other currency holders Gold prices declined…
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Treasury-held shares of 12 companies transferred to TVF
The shares of 12 companies held by the Treasury have been transferred to the Türkiye Wealth Fund (TVF), according to…
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Turkiye’s budget deficit narrows to $2.9B in July
Budget revenues totaled $22.2B, while expenditures reached $25.1B, according to ministry data Türkiye’s central government budget recorded a deficit of…
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Turkiye: Treasury Reports Significant Improvement in July Cash Budget Deficit
The Treasury has said that its cash budget posted a deficit of 137 billion Turkish Liras in July, an improvement…
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Turkish tax authority fine tobacco firm $181 million
The Turkish tax inspection authority has imposed a record fine of 6 billion Turkish Liras ($181.2 million) on a tobacco…
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World Bank’s contribution to Turkiye reaches $3.7 billion
With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in 2024…
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Turkiye’s year-end inflation forecast down to 42.95%
Türkiye’s disinflation process to become more evident in coming months, finance minister says Türkiye’s annual inflation rate is projected to…
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Türkiye’s budget balance runs $8.5 Billion deficit in June
Central government budget deficit reaches $23.6B in H1 Türkiye’s central government budget balance saw a 275.3 billion liras ($8.5 billion)…
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