Turkish February budget deficit 1.9bn lira

ANKARA: The Turkish budget showed a deficit of 1.9 billion lira ($488.60 million) in February, Finance Minister Naci Agbal said on Thursday, compared with a deficit of 6.8 billion lira in the same period a year earlier.

The vitality of the economy shows that tax revenue performance in 2018 may exceed the government's target in its medium-term programme, Agbal said in a statement.

The February budget showed a primary surplus of 4.8 billion lira, compared with a primary deficit of 1.8 billion lira the previous year.