Turkish Treasury Reports Robust Cash Surplus in May
(MENAFN) The Turkish Treasury reported a robust cash surplus of 247.12 billion Turkish liras ($6.3 billion) for May 2025, according to an announcement by the Treasury and Finance Ministry on Tuesday.
In May alone, cash revenues skyrocketed by 31% from the previous month, reaching a substantial 1.35 trillion Turkish liras ($34.4 billion).
Meanwhile, total expenditures dropped by 9% to 1.1 trillion liras ($28.1 billion), a figure that includes 102.3 billion liras ($2.6 billion) allocated for interest payments.
Excluding interest, the Treasury’s spending for the month stood at 999 billion liras ($25.5 billion).
However, over the longer term from January through May, the Treasury recorded a deficit totaling 838 billion liras ($21.4 billion).
During this five-month stretch, revenues amounted to 4.8 trillion liras ($122.3 billion), while expenditures reached 5.65 trillion liras ($144.1 billion).
As of May 30, the USD/TRY exchange rate was recorded at 39.19.
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