2020 budget

Business

Turkish gov’t posts $16 billion budget deficit in first six months: report

July 16, 2020

The Turkish government registered a budget deficit of 109.5 billion Turkish lira (some $16 billion) between January and June, the country's Treasury and Finance...

National

$2.4 billion in discretionary funds allocated for Erdoğan’s use in 2020

October 23, 2019

A total of TL14.1 billion (around $2.4 billion) has been allocated from the state budget as discretionary funds to be used by Turkish President...

Business

Turkey’s tax revenue 20 percent lower than expectations in first 3 quarters

October 21, 2019

The Turkish government’s fiscal performance fell 20 percent below what was anticipated in the 2019 yearly budget in the first three quarters, Deutsche Welle Turkish service reported...

Business