Turkey’s central government budget balance posted a deficit of $15.3 billion (85.8 billion Turkish liras) in the first nine months in 2019, official figures showed on Tuesday.

Turkey’s budget revenues increased 19.5% to hit 653.8 billion Turkish liras ($116.1 billion) year-on-year in the first nine months, the Treasury and Finance Ministry said.

The country’s budget expenses were 739.6 billion Turkish liras ($131.4 billion) in the nine-month period, up 22.5% versus the same period of 2018.

ILKHA