Türkiye’s central government budget delivered a strong performance in November, supported by robust tax revenues and restrained growth in non-interest spending. The monthly surplus helped reduce the rolling 12-month budget deficit, reinforcing expectations that year-end fiscal outcomes will remain broadly aligned with the Medium-Term Program (OVP). However, analyses from Gedik Investment, Akbank and İş Bankası … Continue reading November Budget Performance Sends Positive Signals, but Interest Costs Remain the Key Risk