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Turkey

Turkey’s budget deficit is 170.6 billion liras in February following the earthquakes

The Turkish Finance Ministry said on Wednesday that the Turkish government’s budget recorded a deficit of 170.56 billion liras ($8.99 billion) in February, showing the impact of the violent earthquakes that hit the southeast of the country last month.

The ministry added that the core budget, which does not include interest payments, recorded a deficit of 136.34 billion pounds.

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