2027 Budget Proposal Submitted to the Grand National Assembly of Turkey (TBMM): 35 Percent Increase Target in Tax Revenues
According to the 2027 budget proposal, tax revenues are targeted to increase by 35.8 percent to reach 22.1 trillion TL, while budget negotiations are set to begin at the TBMM Planning and Budget Committee.
The 2027 budget proposal has been submitted to the TBMM, with the proposal projecting a 35.8 percent increase in tax revenues to 22.1 trillion liras. It was reported that the negotiations will begin at the TBMM Planning and Budget Committee on Wednesday, October 21.
Budget Revenues and Tax Targets
The revenue item of the 2027 budget proposal was realized as 21.1 trillion liras. Tax revenue collection, which was 16.3 trillion TL in 2026, is targeted to reach 22.1 trillion TL in 2027 with a 35.8 percent increase. While income tax accounts for 5.6 trillion of tax revenues, the Special Consumption Tax (SCT) is expected to reach 3.3 trillion TL with a 55.8 percent increase. Of the SCT, 1.2 trillion will consist of motor vehicles, 795.9 billion TL of tobacco products, 259.6 billion of alcoholic beverages, and 31.5 billion of carbonated soft drinks.
Revenues of 22.6 billion TL from international departure fees, 104 billion TL from gambling tax, and 991 billion TL from banking and insurance transactions are projected. The total tax on fees was calculated as 759 billion TL, including title deed fees (394.5 billion TL), litigation fees (147 billion TL), notary fees (39.7 billion TL), and traffic fees (21.8 billion TL).
Public Personnel Expenses and Appropriations
A cash payment of 6.3 trillion liras is planned for the personnel of public administrations within the scope of the general budget for the next year. The Ministry of National Education will receive the largest share for personnel expenses with 1 trillion 794 billion 497 million liras, while an appropriation of 1 trillion 113 billion 830 million liras will be transferred for Ministry of Health personnel. The General Directorate of Security ranks third with 523 billion 662 million liras, while 501 billion 511 million liras were allocated to the Ministry of National Defense.
On the other hand, the hourly overtime pay for civil servants will be increased to 19 liras and 85 kurus, and the overtime pay for drivers will be increased to 21 liras and 15 kurus. The domestic daily allowance for the Speaker of the TBMM and the Vice President has been raised to 1,260 liras, while the daily allowances for ministers and members of parliament have been raised to 1,230 TL. 30 billion 25 million 113 thousand liras have been allocated for the relatives of martyrs and veterans.