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FinancialNews


  • 06-03-21

    Treasury's cash balance records shortfall of USD 478.5 M

    (MENAFN)The Treasury's cash balance recorded a shortfall of 3.45 billion Turkish liras (USD478.5 million) in February, according to Turkey's Treasury and Finance Ministry.

    The Treasury's cash revenues stood at 98.34 billion Turkish liras (USD13.64 billion), improving 12.6 percent on a yearly basis.

    On the stated period, its expenditures stood at 101.8 billion liraUSD14.12 billion).

    The Treasury has no privatization or fund profits, including transfers by the Turkish Privatization Administration, 4.5G license payments, and land sale revenues -- in February.

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