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Turkey reveals 2009 budget deficit as $34.8 bln

15 January 2010 [18:42] - TODAY.AZ
The Turkish finance minister announced on Friday the year-end (2009) budget deficit as 34.8 billion USD.
Turkey's Finance Minister Mehmet Simsek held a press conference on budget performances of 2009, and said Turkey's budget deficit was 34.8 billion USD (52.2 billion Turkish liras-TL).

"Turkey's budget expenditures were 267.3 billion TL (178.2 billion USD), and revenues were 215.1 billion TL (143.4 billion USD)," Simsek said.

Turkey's budget deficit was only 17.4 billion TL (11.6 billion USD) in 2008.

"The budget deficit was below what we have forecast in the medium-term financial program," Simsek said.

Simsek also referred to budget performances in December 2009, and said the budget figures in December was better than their projections.

Turkey's budget expenditures were 27.7 billion TL (18.4 billion USD), revenues were 21.9 billion TL (14.6 billion USD), and budget deficit was 5.9 billion TL (3.9 billion USD) in December 2009.

/World Bulletin/

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