Turkey's current account deficit widened to $7.7 billion in April

Turkey’s current-account deficit widened in April from a year earlier, underlining the most pressing economic weakness facing Prime Minister Recep Tayyip Erdoğan as he starts his third term in office.

The deficit widened to $7.7 billion from $4.4 billion in the same month of 2010, the state statistics agency in Ankara said on its website today.

It was the second-biggest gap since records began in 1984, after the record $9.8 billion in March.


/Hurriyet Daily News/