Turkey’s September Budget Deficit Reaches 532.2 Billion Lira
The central government recorded its largest monthly deficit of the year, while the January-to-September shortfall reached 1 trillion 840.3 billion lira.
Key takeaways
- The September budget deficit was 532.2 billion lira, the largest monthly shortfall of the year.
- The January-to-September budget deficit totaled 1 trillion 840.3 billion lira.
Turkey’s central government budget posted a 532.2 billion lira deficit in September, the largest monthly shortfall of the year, according to Treasury and Finance Ministry figures. The budget had recorded a 12.9 billion lira surplus in August.
September budget spending was 1 trillion 785.4 billion lira, while revenue totaled 1 trillion 253.1 billion lira. The primary budget deficit, excluding interest payments, was 269.2 billion lira.
For January through September, the budget deficit reached 1 trillion 840.3 billion lira. Spending was 13 trillion 948.1 billion lira and revenue was 12 trillion 107.8 billion lira; the government recorded a primary surplus of 410.8 billion lira.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
