The central government’s budget balance posted a TRY 69.7bn surplus in February, according to the Ministry of Treasury and Finance. February’s reading was three-fold compared to the same month of last year, the data showed. Turkey’s budget revenues more than doubled, up 126% year-on-year to TRY 270.6bn this February. The budget expenditures reached TRY 200.8bn...
Latest News:
The election is over; what will come up next?
TOBB makes its A-Team
Go-no-go!
The CAD is big and its financing is bad!
To what extent does the misery index influence voters’ choices?
AI and beyond
Budget deficit risk of around 7% of GDP
Tourism revenues rise higher than the number of tourists
Need for anchor
Patents with technological advances in the automotive ecosystem
Let’s estimate FX rates…
Inflation soared while the policy rate was lowered
Famous banks’ election expectations
Energy and gold don’t explain the CAD
Levent Kafkasli becomes GM of GAP Insaat
Global tension: Is it decision time for Turkey?
When you don’t learn from a mistake from 30 years ago
UNDP sends containers to the quake-hit region
Annualized foreign trade deficit tripled in 1.5 years
Home
budget balance
Tag: budget balance
Central government budget posts TRY 192.2bn deficit in 2021
The central government budget balance posted a TRY 192.24bn deficit in 2021, up by 9.7% year-on-year, according to the Ministry of Treasury and Finance. Excluding interest payments, the budget balance saw a deficit of TRY 11.39bn last year. Budget revenues rose by 36.8% to TRY 1.4tr, and budget expenditures increased by 32.9% to TRY 1.59tr...