Treasury cash balance posted a deficit in March

Turkish Treasury

The Ministry of Treasury and Finance announced cash realizations for March.

Accordingly, the Treasury’s cash revenues and cash expenditures amounted to 518 billion 331 million TL and 685 billion 110 million TL, respectively.

Non-interest expenditures amounted to 621 billion 720 million liras, while interest payments amounted to 63 billion 390 million liras. The primary balance gave a deficit of 103 billion 389 million liras.

In March, a deficit of 166 billion 778 million liras was realized in the cash balance.

While the increase stemming from exchange rate differences was realized as 20 billion 569 million TL, cash/bank net account decreased by 85 billion 703 million TL.

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