Turkey: Budget deficit widens in August
The budget balance showed some deterioration last month on yearly basis with a spike in both primary and interest expenditures, despite healthy revenue…
Turkey: Budget deficit expands further
The June budget saw a marked deterioration with the primary deficit and budget deficit almost doubling on the back of continued strong spending
Turkey: Weak start to the year in the budget
The budget balance for January came in at a surplus of TRY1.7bn, a considerable deterioration from last year. Primary surplus also plunged
Tax revenues remain on the fast track and budget expenditure are still on the slow track, which means the fiscal deficit for 2017 will be in the 1.5 -1.8%…