The 2027 Budget Has Been Announced: 3.9 Trillion Lira for Interest Payments, and 3.7 Trillion Lira for Education.
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Vice President Cevdet Yılmaz announced that the 2027 budget targets 4.2% growth and 21% inflation by the end of the year. 3 trillion 975 billion lira has been allocated for interest payments and 3 trillion 747 billion lira for education.
Inflation in Turkey in 2026 is expected to slow down to 28.4 per cent, and by the end of 2027 to 21 per cent, the Vice-President of Turkey, Djevdette Yilmaz, said at the ceremony ... ~ 16.10.2026, PRIM
Vice President Cevdet Yılmaz announced that they have allocated 658 billion lira for real sector support in the 2027 budget. Yılmaz stated that they foresee economic growth rising to 4.2 percent in 2027, and the budget deficit as a percentage of GDP being 3.5 percent.
Vice President Cevdet Yılmaz made statements regarding the 2027 central government budget. "We foresee budget expenditures of 27 trillion 276 billion lira and budget revenues of 23 trillion 408 billion lira in 2027," said Yılmaz, adding that the lion's share of next year's budget will again be allocated to education. Here are the details...
Speaking at the 2027 Central Government Budget Award Ceremony, Vice President Cevdet Yılmaz stated that they aim to end 2026 with a growth rate of 3.3 percent.
According to the 2027 Central Government Budget Law Proposal, expenditures are expected to reach 27 trillion 276 billion lira next year, while revenues are projected at 23 trillion 408 billion lira. The budget anticipates a deficit of 3 trillion 868 billion lira, with approximately 4 trillion lira allocated for interest expenses.
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