Budget Balance
Alper Gürler
alper.gurler@isbank.com.trH. Erhan Gül
erhan.gul@isbank.com.trDilek Sarsın Kaya
dilek.kaya@isbank.com.trBüşra Ceylan
busra.ceylan@isbank.com.trCentral government budget posted a surplus of 235.2 billion TRY in May.
In May, central government budget revenues increased by 31.6% yoy to 1.3 trillion TRY while budget expenditures rose by 38.3% yoy to 1.1 trillion TRY. Thus, central government budget posted a surplus of 235.2 billion TRY in this period. Primary budget surplus increased slightly (by 4.9% yoy) to 346.4 billion TRY. In the first five months of the year, budget deficit and primary budget surplus were realized as 650.3 billion TRY and 185.5 billion TRY, respectively.
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