Turkish Treasury posts $1.1 billion cash deficit

The Treasury’s cash revenues were 274.9 billion Turkish liras, while its non-interest expenditures were 252.6 billion liras for January-August period.

Turkish Treasury posts $1.1 billion cash deficit
The Turkish Treasury has posted a cash balance deficit of 2.45 billion Turkish liras ($1.15 billion) for January-August period.

According to provisional figures released Friday, the Treasury’s cash revenues were 274.9 billion liras, while its non-interest expenditures were 252.6 billion liras.

The deficit came after an interest payment of 32 billion liras, officials said in a statement.

The Treasury has also posted a cash balance surplus of 21.8 billion Turkish liras ($10.1 billion) for August.
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