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Türkiye’s central government budget recorded a deficit of ₺174.7 billion (approximately $4.58 billion) in April, according to data released by the Treasury and Finance Ministry on Thursday.
This marked an improvement from the previous month, when the deficit reached ₺261.4 billion (approximately $7 billion), indicating a 33.2% month-on-month decrease.
Compared to the same month last year, the April deficit declined by 1.8%, reflecting a modest year-on-year improvement in fiscal performance.
Total government revenues in April reached ₺957.4 billion ($25.1 billion), while expenditures amounted to ₺1.13 trillion ($29.6 billion). Of the total spending, ₺871.4 billion ($22.85 billion) was classified as non-interest expenditures—primarily covering public services, salaries, and operational costs—while ₺260.66 billion ($6.83 billion) was allocated to interest payments on government debt.
Tax revenues accounted for the majority of government income in April, totaling ₺787.4 billion ($20.65 billion).
Despite the monthly improvement, the cumulative budget deficit in the first four months of 2025 rose sharply to ₺885.5 billion ($24.1 billion), up 28.1% from the same period last year.
From January through April, total revenues amounted to ₺3.36 trillion ($91.5 billion), while expenditures reached ₺4.25 trillion ($115.6 billion), highlighting the continued pressure on public finances.
The exchange rate averaged ₺38.13 per U.S. dollar in April, and ₺36.72 for the January–April period.
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