HomeEconomyTürkiye's government budget runs $2.6B surplus in November

Türkiye’s government budget runs $2.6B surplus in November

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Türkiye’s central authorities finances registered a TL 75.62 billion ($2.6 billion) surplus in November, in accordance with the official information launched on Friday,

It was the biggest surplus since May, the figures by the Treasury and Finance Ministry confirmed.

The determine improved from a deficit of TL 95.5 billion in October however aggravated from a TL 108.3 billion surplus in November 2022.

Budget revenues hit TL 746.8 billion, whereas expenditures stood at TL 671.2 billion final month.

Non-interest expenditures stood at TL 576.6 billion, whereas curiosity funds reached TL 94.6 billion.

Excluding curiosity funds, the finances steadiness registered a TL 170.2 billion surplus, whereas tax revenues totaled TL 668.5 billion.

From January via November, the finances steadiness posted a niche of TL 532.4 billion.

Budget revenues reached TL 4.7 trillion within the first 11 months of this 12 months, whereas expenditures amounted to TL 5.2 trillion.

A U.S. greenback traded for 28.6750 Turkish liras on common in November and 22.8574 Turkish liras in 11 months.

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