• İstanbul 30 °C
  • Ankara 30 °C

Turkey's budget balance sees $2.1B surplus in November

Turkey's budget balance sees $2.1B surplus in November
Budget revenues, expenditures rose 52.9% and 40.9%, respectively, official figures say

By Aysu Bicer

ANKARA (AA) - Turkey's central government budget balance saw a surplus of 32 billion Turkish liras ($2.1 billion) in November, the Treasury and Finance Ministry announced on Wednesday.

The figure was 13.4 billion Turkish liras ($920 million) in the same month last year.

Turkey's budget revenues rose 52.9% year-on-year to 167.8 billion liras ($11.5 billion) in November.

The country's budget expenditures totaled 135.7 billion liras ($9.2 billion), up 40.9% from a year ago.

The budget balance, excluding interest payments, posted a surplus of 47.3 billion liras ($3.2 billion), while the figure last year was 22.9 Turkish liras.

Tax revenues totaled 149 billion liras ($10.1 billion), up 50%, while interest payments amounted to 15.3 billion liras ($1 billion) over the same period.

Budget revenues climbed 36.5% in January-November compared to the same period last year to 1.2 trillion liras ($89 billion), while expenditures rose 24% to 1.3 trillion liras.

During this period, the central government budget balance saw a deficit of 46.5 billion Turkish liras ($3.1 billion).

source: News Feed
This news is a total 58 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim