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Wednesday, May 09, 2012

Turkish April Budget Deficit 4.57 Billion Liras From Surplus - Bloomberg

Turkish April Budget Deficit 4.57 Billion Liras From Surplus
By Ali Berat Meric - May 9, 2012 10:48 AM ET

Turkey’s budget had a deficit of 4.57 billion liras ($2.5 billion) in April compared with a surplus of 1.43 billion liras in the same month of last year, the Treasury said.

The deficit, excluding interest payments on debt, was 288 million liras compared with a surplus of 4.05 billion liras in April 2011, the Treasury in Ankara said on its website today in preliminary data measuring cash inflows and outflows.

More:Turkish April Budget Deficit 4.57 Billion Liras From Surplus - Bloomberg