Turkiye's govt budget witnesses $2.6-bn surplus in Nov 2023
18 Dec 23 1 min read
Insights
- Turkiye's government budget witnessed a TL 75.62-billion surplus in November this year—the largest surplus since May.
- This is an improvement over the TL 95.5-billion deficit seen in October, but a decline from the TL 108.3-billion surplus in November 2022.
- Budget revenues hit TL 746.8 billion, while expenditures stood at TL 671.2 billion last month.
This is an improvement over the TL 95.5-billion deficit seen in October, but a decline from the TL 108.3-billion surplus in November last year.
Budget revenues hit TL 746.8 billion, while expenditures stood at TL 671.2 billion last month. Non-interest expenditures stood at TL 576.6 billion, while interest payments reached TL 94.6 billion.
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Budget revenues reached TL 4.7 trillion in the first 11 months this year, while expenditures were worth TL 5.2 trillion, according to Turkish media reports.
Fibre2Fashion News Desk (DS)
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