Türkiye’s budget deficit widens in April
The central government budget posted a deficit of 338.7 billion Turkish Liras ($7.4 billion) in April, widening sharply from a 175 billion lira deficit recorded in the same month last year, the Treasury and Finance Ministry said on May 15.
Haberin Devamı
The deficit was 230 billion liras in March.
Budget expenditures increased by 34.7 percent year-on-year to 1.52 trillion liras, driven by a 45.4 percent surge in non-interest spending, which reached 1.3 trillion liras. In contrast, interest expenditures edged down 1.3 percent annually to 257.6 billion liras.
