Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 24/05/2022 18:10 
17.01.2022 12:27 News >> Turkiye's Budget Balance Posts $21.6B Deficit In 2021

Turkiye's Budget Balance Posts $21.6B Deficit In 2021

Tax revenues total $131B, interest payments at $20.4B last year, official data shows.

Turkiye's central government budget balance posted a 192.3 billion Turkish liras ($21.6 billion) deficit in 2021, the Treasury and Finance Ministry announced on Monday.
The figure, below the government's target, widened by 9.7% from a 175.3-billion Turkish lira ($25 billion) deficit in 2020.
According to the medium-term economic program published in September 2021, the budget deficit was expected to be 230 billion Turkish liras ($27.7 billion) last year.
Turkiye's budget revenues surged by 36.8% year-on-year to 1.4 trillion liras ($158.4 billion) last year.
Its expenditures reached nearly 1.6 trillion liras ($180 billion) in 2021, rising 32.9% from a year ago.
Excluding interest payments, the budget balance saw a deficit of 11.4 billion liras ($1.3 billion) in 2021.
Tax revenues totaled 1.2 trillion liras ($131 billion), while interest payments were 180.9 billion liras ($20.4 billion) in the same period.
One US dollar traded for 8.8880 liras on average in 2021 and 13.3384 in December.
Monthly figures
In December 2021, the budget balance of the central government registered a deficit of 145.7 billion Turkish liras (some $10.9 billion), growing from 43 billion Turkish liras ($5.5 billion) in December 2020.
Budget revenues were 135.1 billion liras ($10.1 billion) last month, rising 40% year-on-year.
Turkiye's budget expenditures doubled from a year ago to 280.8 billion liras ($21.1 billion) last month.
Excluding interest payments, the central government budget balance recorded a 136.7-billion-lira ($10.3 billion) deficit in December 2021. -



        Latest News
World Will Have A Lot Of 'Very Influential Countries' In Next Decades: German Chancellor -29 minutes ago...
In interview with DW, Olaf Scholz stresses importance of promoting deeper ties with all democratic states.
Top US, Ukrainian Diplomats Discuss War, Food Security Crisis On Phone -29 minutes ago...
'They discussed potential means to export Ukraine’s grain to international markets,' says State Dept. spokesman.
US Stocks Open Down Amid Recession Concerns -29 minutes ago...
VIX volatility index soars 6.11% to 30.2.
Detroit Pistons, Chicago Bulls To Play Regular-Season Game In Paris In 2023 -29 minutes ago...
Match to take place at Accor Arena in French capital on Jan. 19, 2023.
Relations Between Uganda, Rwanda Moving In Right Direction: Minister -29 minutes ago...
Presidents of 2 countries attend dinner viewed as veiled launch of political project that would see Uganda's Museveni hand over power to his son.

 
      Top News
Turkiye Says It Will Continue To Stand By Palestine For Independent State Turkiye Says It Will Continue To Stand By Palestine For Independent State
Resigned Diplomat's Statement Goes Against Public Opinion In Russia: Kremlin Resigned Diplomat's Statement Goes Against Public Opinion In Russia: Kremlin
African Development Bank Approves $1.5B To Avert Food Crisis African Development Bank Approves $1.5B To Avert Food Crisis
3 Turkish Soldiers Killed By PKK Terror Group In Northern Iraq 3 Turkish Soldiers Killed By PKK Terror Group In Northern Iraq
Turkish Foreign Minister Arrives In Palestine Turkish Foreign Minister Arrives In Palestine
UN Rights Chief In China For Trip To Xinjiang UN Rights Chief In China For Trip To Xinjiang
Failure To Reopen Ukraine's Ports Tantamount To 'War' On Food Security: WFP Head Failure To Reopen Ukraine's Ports Tantamount To 'War' On Food Security: WFP Head
Over 1,200 Palestinians Held By Israel Last Month: Ngos Over 1,200 Palestinians Held By Israel Last Month: Ngos
Turkiye Summons US Envoy Over Embassy's Istanbul Rally Alert Turkiye Summons US Envoy Over Embassy's Istanbul Rally Alert
Oman Lifts All COVID-19 Restrictions Oman Lifts All COVID-19 Restrictions