Turkish President approves 2011 budget

Turkish President Abdullah Gul approved on Wednesday the budget for 2011 fiscal year.

Turkish President approves 2011 budget

Turkish President Abdullah Gul approved on Wednesday the budget for 2011 fiscal year.

Earlier, budget expenses in 2011 were calculated as 312.5 billion Turkish lira (approx. 202.9 billion USD) while budget incomes were calculated as 279 billion TL (approx. 181.1 billion USD).

Income from taxes in 2011 will be 232.2 billion TL (approx. 150.7 billion USD).

The budget deficit in 2011 is expected to be 33.5 billion TL (approx. 21.7 billion USD).


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Last Mod: 30 Aralık 2010, 09:02
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