“Domestic debt rollover rates are below our forecasts”

Minister Mehmet Şimşek evaluated Türkiye's budget performance in his post on his NSosyal account.

Although they waived some tax revenues to limit the impact of geopolitical developments on inflation, Stating that the non-interest budget surplus reached 521 billion lira in the first half of the year and the budget deficit improved by 38 billion lira compared to the first half of last year, Şimşek said:

“Thanks to our measures to combat informality, increase voluntary compliance and discipline public spending, we estimate that the ratio of budget deficit to national income, which was 2.9 percent in 2025, fell to about 2.5 percent on an annual basis in June.”

With the contribution of fiscal performance, domestic debt assumption rates are below last year and our forecasts. Fiscal discipline, which increases the resilience of our economy, is also crucial for price stability, which is the main goal of our program. “We will continue our policies in line with our anti-inflation objective by maintaining fiscal discipline.”

July 20, 2026