Budget
- Turkiye
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…
Read More » - Business
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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Turkiye’s budget deficit falls to $5B in January
Budget revenues total $20.5B, expenditures $25.5B, official data shows Türkiye’s central government budget posted a deficit of 150.7 billion liras…
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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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Public Investments in the Energy Sector to Reach 75.6 Billion Turkish Liras in 2024
The Central Government’s allocated budget for energy sector investments this year has seen a remarkable 70% increase, reaching 75.6 billion…
Read More » - Istanbul
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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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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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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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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