Turkish budget deficit at 47.22 bln lira in March

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, April 17 (Reuters) - Turkey's central government budget recorded a deficit of 47.22 billion lira ($2.46 billion) in March, the Finance Ministry said on Monday. The primary balance, which excludes interest payments, logged a deficit of 2.15 billion lira, it said. There were no payments made in March to the state pipeline operator BOTAS and a government scheme that protects lira deposits against forex depreciation. The Treasury made a capital transfer of 3 billion lira for the transformation of disaster-prone areas, after deadly earthquakes devastated parts of 11 provinces in Turkey's south in February. ($1 = 19.2300 liras) (Reporting by Ali Kucukgocmen and Ebru Tuncay; Editing by Daren Butler)

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