Türkiye’s central government budget posted a surplus of ₺96.7 billion ($2.37 billion) in August, reversing a deficit recorded in the same month last year, Treasury and Finance Ministry data showed on Monday.
Budget revenues reached ₺1.3 trillion, while expenditures stood at ₺1.19 trillion. The non-interest budget balance, which excludes debt servicing costs, recorded a surplus of ₺276.4 billion in August.
The Treasury reported that tax revenues amounted to ₺1.15 trillion in the month, almost double the level from August 2024. Non-tax revenues under the general budget totaled ₺113.4 billion.
Expenditures rose to ₺1.19 trillion in August, up 45% from a year earlier. Interest payments alone accounted for ₺179.7 billion. Despite this increase, revenues grew at a faster pace, allowing the government to post a monthly surplus.
For the January–August period, however, the central budget ran a cumulative deficit of ₺907.6 billion. Revenues in the first eight months reached ₺7.98 trillion, while expenditures totaled ₺8.89 trillion.
The non-interest balance for the eight months showed a surplus of ₺518 billion.