2027 Central Government Budget Submitted to the Grand National Assembly of Turkey
In the 2027 budget announced by Vice President Cevdet Yılmaz, expenditures were set at 27 trillion 276 billion liras and revenues at 23 trillion 408 billion liras.
Vice President Cevdet Yılmaz announced the core figures of the 2027 Central Government Budget proposal, covering 230 public administrations, and shared spending and revenue projections.
General Budget Figures
In the 2027 central government budget, expenditures are projected at 27 trillion 276 billion liras, while revenues are projected at 23 trillion 408 billion liras. National income is expected to reach 111 trillion liras, with the difference between revenues and expenditures calculated at 3 trillion 868 billion liras.
Budget Deficit and Ratios
The ratio of the budget deficit to gross domestic product is estimated to be 3.5 percent. Excluding earthquake-related expenditures, this ratio is reported to be at the level of 2.8 percent.
Interest and Tax Revenues
Within the scope of the budget, an appropriation of 3 trillion 975 billion liras has been allocated for interest payments. Among tax revenues, Value Added Tax is projected to rank first with 5 trillion 681 billion liras.
Education and Health Investments
The total education budget, including higher education, reached 3 trillion 747 billion liras. The total resource allocated to the health sector is planned as 4 trillion 532 billion liras.
Social Support and Sectoral Appropriations
An appropriation of 1 trillion 341 billion liras was allocated for social aid and supports, while 1 trillion 305 billion liras in resources was allocated for the agricultural sector. Defense and security expenditures were determined as 3 trillion 454 billion liras.