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legal reserves

Turkey’s budget posts deficit of $21 bln in 2019, despite use of legal reserves

Turkey’s central budget showed a deficit of TL 123.7 billion ($21 billion) in 2019, TL 30.8 billion of which was recorded in December, the Diken news...

Erdoğan’s AKP proposing changes to Turkish Central Bank legal reserves

Turkish President Tayyip Erdoğan’s Justice and Development Party (AKP) is proposing changes in the central bank’s legal reserve ratios, party official Mehmet Muş said...

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