ANKARA: Trkiye’s central government budget balance saw a 275.3 billion liras ($8.5 billion) deficit in June, according to official data released Tuesday.
The figure switched from a 219.4 billion Turkish liras ($6.8 billion) surplus in the prior month, Treasury and Finance Ministry data showed.
Budget revenues totaled 591.2 billion liras ($18.2 billion), while expenditures were at 866.5 billion liras ($26.6 billion) in June.
Non-interest expenditures reached 767.2 billion liras ($23.6 billion), and interest payments amounted to 99.3 billion liras ($3.1 billion) last month.
Excluding interest payments, the budget balance saw a 176 billion liras ($5.4 billion) deficit, whereas tax revenues totaled 483.1 billion liras ($14.8 billion).
1st half figure
In the first half of this year, the budget balance ran a deficit of 747.2 billion liras ($23.6 billion).
Budget revenues reached 3.8 trillion liras ($121.2 billion) in January-June period, while spending amounted to 4.6 trillion liras ($144.8 billion).
A US d
ollar traded for 32.5430 liras on average in June, and for 31.6252 liras on average in the January-June period.
Source: Anadolu Agency