Home / Market Update / Forex Market / Turkey’s budget deficit is 170.6 billion liras in February following the earthquakes
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.

Check Also

ExxonMobil

Oil Giants ExxonMobil and Chevron Face Profit Plunge as Crude Prices Tank

Energy titans ExxonMobil and Chevron reported significant profit declines for the second quarter, driven by …