ISTANBUL

Turkey’s central government budget balance saw a deficit of 100.7 billion Turkish liras ($17.8 billion) in the first 10 months of 2019, official figures showed on Friday.

Turkey’s budget revenues increased 18.1% to hit 719.19 billion Turkish liras ($127.17 billion) year-on-year in Jan.-Oct. period, the Treasury and Finance Ministry announced.

Turkey’s budget expenses were 819.9 billion Turkish liras ($144.98 billion) in the 10-month period, rising 22.2% versus the same period of 2018.

Excluding the interest payments, the budget balance also posted a deficit of 12.4 billion Turkish liras ($2.19 billion) in the same period, while the interest expenditures were 88.3

Read more: Turkey’s budget posts $17.8B deficit in 10 months