Budget developments and financial data for September announced

Serdar HocamAuthor & Editor

According to the September data announced by the Ministry of Treasury and Finance, changes in budget revenues and expenditures were shared with the public.

◉ 2 views
Bütçede yılın en yüksek aylık açığı

According to the September budget implementation results announced by the Ministry of Treasury and Finance, budget revenues and expenditures showed an increase while periodic figures in the financial tables became clear.

September Revenue and Expenditure Table

According to the September budget implementation results announced by the Ministry of Treasury and Finance, budget revenues were recorded at 1 trillion 253 billion liras. In the same period, budget expenditures stood at 1 trillion 785 billion 391 million liras.

Increase Rates and Items

In September, budget revenues registered an increase of 22.7 percent compared to the same month of the previous year. Budget expenditures were seen to experience an increase of 34.1 percent compared to the same period of the previous year.

Status of Interest and Tax Revenues

Interest expenditures increased by 11.2 percent in September to reach 263 billion liras. Tax revenues, on the other hand, showed a 21.8 percent increase and were recorded at 1 trillion 74 billion liras.

Primary Deficit Figures

The primary deficit realized in September rose to 269.2 billion liras with an increase of 268 percent compared to the same period of the previous year.

January-September Period Expenditures

Central government budget expenditures rose by 36.4 percent in the first nine months of the year compared to the same period of the previous year, reaching 13 trillion 948 billion liras. Interest expenditures increased by 35.4 percent in this period to 2 trillion 251 billion liras.

Budget Revenues in the First Nine Months of the Year

Central government budget revenues recorded a 34.5 percent increase in the January-September period, rising to 12 trillion 107 billion liras. Tax revenue collections reached 10 trillion 401 billion liras by increasing 34.2 percent in the same period.

Nine-Month Budget Deficit

In the first 9-month period, the total budget deficit showed an increase of 51.2 percent compared to the same period of the previous year, realizing at 1 trillion 840 billion liras.