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FinancialNews


  • 16-06-21

    Turkey's current account deficit shows indications of recovery

    (MENAFN)According to the treasury and finance minister, Turkey's primary balance in the first five months indicates that the nation resolutely had its fiscal discipline policies.

    Lutfi Elvan posted on Twitter that the present account deficit data released showed that we are on the way to recovery.

    He further declared that Turkey is going to continue to back its citizens hit by the pandemic with selective support in case of need.

    The Treasury and Finance Ministry stated that the budget balance excluding interest payments -- primary balance -- marked an excess of 73.9 billion Turkish liras (USD8.6 billion) in the first five months.

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