Treasury posts $11.6 billion cash deficit for first 10 months of 2017

Dunya Executive - - OVERVIEW -

Turkey’s Treasury posted a cash balance def c t of TRY 44.9 b ll on ($11.6 b ll on) for the f rst 10 months of 2017, the Treasury announced on Nov. 7. Cash revenue from January through October was TRY 505.7 b ll on ($131 b ll on), wh le non- nterest expend ture was TRY 512.3 b ll on ($132.6 b ll on). The def c t came after an nterest payment of TRY 49 b ll on ($12.6 b ll on).

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