Turkish budget gives surplus of 4.6 billion TL in May
Turkey's budget in May gave a surplus of 4.6 billion Turkish liras and was up 61.8 percent when compared to the same period in 2011.
In May, primary surplus increased 1.4 percent compared to the same month last year and reached a value of 7 billion Turkish liras.
In May, income from taxes went up 13.7 percent compared to the same period in 2011 and was recorded as 26.5 billion TL.
Turkey's budgetary expenses in May, except interests, went up 17.8 percent compared to the same month last year and was recorded as 23.8 billion TL.
Between January and May 2012, Turkey's budget had a deficit of 432 million TL while the primary surplus in this five month term was recorded as 23.9 billion TL.
In January-May period of 2012, budgetary income in Turkey increased 15.1 percent compared to the same period last year and reached a figure of 137.4 billion TL.