ANKARA
According to the law, central management budget expenses (except shares of Treasury and income) are envisaged as 403.9 billion Turkish lira while income is projected as 370 billion TL.
The law targets the ratio of total budget expenses to gross domestic product as 25.7 percent.
Budget deficit is envisaged as 33.8 billion TL, and non-interest surplus as 19.1 billion TL.
The ratios of budget deficit and non-interest surplus to gross domestic product are planned as 2.2 percent and 1.2 percent respectively.
Turkish Prime Minister Recep Tayyip Erdogan said that they would all together continue to have Turkey grow with stability, confidence, brotherhood and solidarity in 2013.
Erdogan said that the Istanbul Stock Exchange (ISE) hit a new record with 76,954 points.
"I would like to make another good news that Turkish Central Bank's foreign exchange reserves set another record with 120.5 billion U.S. dollars," he said.
Premier Erdogan said that they expected that 2012 would end with several records, adding that Turkey would keep growing with stability and solidarity in 2013.
