Turkish Treasury records $3.9 billion cash deficit in September
This undated file photo shows Turkish lira banknotes next to a calculator. (AA Photo)


The Turkish Treasury's cash balance posted a deficit of TL 30.8 billion ($3.93 billion) this September, the Treasury and Finance Ministry said Wednesday.

The revenues of the Treasury totaled TL 78.19 billion last month.

Its expenditures, including interest payments of around TL 14.82 billion, hit TL 109.4 billion.

Noninterest expenditures amounted to TL 94.59 billion, driving a TL 16.4 billion deficit in the primary balance.

The Treasury received TL 409 million from privatization or fund income in September – including transfers by the Turkish Privatization Administration, 4.5G license payments and land sale revenues.

The U.S. dollar/Turkish lira exchange rate was around 7.82 at the end of September.