ANKARA: Trkiye's central government budget balance saw a 275.3 billion liras ($8.5 billion) deficit in June, according to official data released Tuesday. The figure switched from a 219.4 billion Turkish liras ($6.8 billion) surplus in the prior month, Treasury and Finance Ministry data showed. Budget revenues totaled 591.2 billion liras ($18.2 billion), while expenditures were at 866.5 billion liras ($26.6 billion) in June. Non-interest expenditures reached 767.2 billion liras ($23.6 billion), and interest payments amounted to 99.3 billion liras ($3.1 billion) last month. Excluding interest payments, the budget balance saw a 176 billion liras ($5.4 billion) deficit, whereas tax revenues totaled 483.1 billion liras ($14.8 billion). 1st half figure In the first half of this year, the budget balance ran a deficit of 747.2 billion liras ($23.6 billion). Budget revenues reached 3.8 trillion liras ($121.2 billion) in January-June period, while spending amounted to 4.6 trillion liras ($144.8 billion). A US d ollar traded for 32.5430 liras on average in June, and for 31.6252 liras on average in the January-June period. Source: Anadolu Agency
Trkiye’s budget balance runs $8.5B deficit in June
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