Budget Balance

Date Time Left   Event Impact Previous Consensus Actual
Jan 15, 09:00  Budget Balance 3.6B -11.30B

Budget Balance

The Budget Balance released by the Turkish Treasury is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Lira and a deficit is seen as negative (or bearish).

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