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World

Turkey's 2018 budget deficit will be 72 billion lira

ANKARA: Turkey will have a budget deficit this year of 72.1 billion lira ($13.6 billion), or 1.9 percent of GDP, Treasur

Dec 10 2018

ANKARA: Turkey will have a budget deficit this year of 72.1 billion lira ($13.6 billion), or 1.9 percent of GDP, Treasury and Finance Minister Berat Albayrak said on Monday.

The 2019 budget will support economic re-balancing, and Turkey will continue fiscal policy and budget discipline without compromise, Albayrak said in a speech in Ankara.

Copyright Reuters, 2018