Budget deficit widens to TL310 billion in September, but nine-month data show a strong primary surplus The Turkish central government budget posted a TL310 billion deficit in September 2025, expanding the 12-month rolling shortfall from TL2.04 trillion to TL2.25 trillion. The primary balance, which excludes interest payments, recorded a TL73 billion deficit in the same … Continue reading Türkiye’s Primary Balance Strengthens Despite Rising Interest Costs