Turkey's central government budget balance posted a deficit of 78.3 billion Turkish liras ($9.8 billion) in January-July, the Treasury and Finance Ministry announced on Monday, APA reports citing Anadolu Agency.
The figure improved from a 139 billion lira ($21.3 billion) deficit in the same period last year.
Turkey's budget revenues increased by 34% year-on-year to 726.1 billion liras ($91 billion) in the first seven months of this year.
The country's budget expenditures totaled 804.4 billion liras ($100.6 billion) from January to July, up 18.1% from a year ago.
The budget balance, excluding interest payments, posted a surplus of 36.2 billion liras ($4.5 billion) in January-July.
Tax revenues totaled 581.7 billion liras ($72.7 billion), while interest payments were 114.5 billion liras ($14.3 billion) in the same period.
One US dollar traded for nearly 8 liras on average this January-July and 8.60 in July.
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