Deficit
- Business
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…
Read More » - Local Turkiye
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…
Read More » - Business
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…
Read More » - Local 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…
Read More » - Money
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…
Read More » - Business
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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Turkiye ran $59 Billion budget deficit in 2023: Official data
Budget revenues totaled $223.5B, expenditures $282.5B last year, official data shows Türkiye’s central government budget ran a deficit of 1.37…
Read More » - Business
Turkiye runs $3.4 Billion budget deficit in October
Budget revenues amount to $17B, expenditures at $20.4B last month, Central Bank data shows Türkiye’s central government budget registered a…
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