Thursday, July 15, 2010

Turkey's June Budget Deficit Doubles From Year Ago to 5.4 Billion Liras - Bloomberg

"Turkey's June Budget Deficit Doubles From Year Ago to 5.4 Billion Liras
By Ali Berat Meric and Steve Bryant - Jul 15, 2010

Turkey posted a budget deficit of 5.4 billion liras ($3.5 billion) in June, more than double the year-earlier figure.

The gap widened from 2.5 billion liras in June 2009 according to figures on the website of the Finance Ministry in Ankara. The deficit before interest payments on debt widened to 2.1 billion liras from 1.4 billion."

More:Turkey's June Budget Deficit Doubles From Year Ago to 5.4 Billion Liras - Bloomberg