Turkey aims to ensure fiscal discipline and lower budget deficit, finance minister says

The budget deficit for the first five months of the year was 263.6 billion lira , compared to 124.6 billion lira a year ago due to increased spending ahead of May elections and the impact of February's earthquakes in southern Turkey.

"We will not allow permanent deterioration in public finance indicators by reestablishing fiscal discipline and taking budget deficit under control," Simsek said on Twitter.being discussed in the parliament seeks to increase corporate tax to fund rebuilding efforts after February's earthquakes killed more than 50,000 people and left millions homeless in the south.

Simsek said more than 319,000 units of housing will be built and delivered within one year to people who lost their homes. "The package, which is being discussed in the parliament, aims to reduce the impact of the additional costs caused by the earthquake on the budget. These regulations will also indirectly support taking the current account deficit under control."

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

France upbeat on attracting major Tesla investment, finance minister saysFrench Finance Minister Bruno Le Maire on Sunday said he was 'very hopeful' Tesla Chief Executive Elon Musk will pick France for a substantial investment linked to the production of electric vehicles in Europe.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »

DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance RedefinedA new ERC proposal was published on GitHub on July 3. In it, the lead developer Diyahir Campos proposed a standard for a DeFi “circuit breaker.”
แหล่ง: Cointelegraph - 🏆 562. / 51 อ่านเพิ่มเติม »