ANKARA - State Minister and Deputy Prime Minister Abdullatif Sener said on Tuesday that budget of 2004 was estimated as 160.9 quadrillion Turkish liras (TL).
Following the Supreme Planning Board (YPK) meeting, Sener told reporters that revenues were predicted as 114.5 quadrillion TL and budget deficit as 46.3 quadrillion TL for 2004.
Sener said that growth rate in 2004 was targeted as 5 percent and the government's Gross National Product (GNP) target for 2004 was 261.7 billion U.S. dollars.
When the fact that the population would be 71.8 million at the end of 2004 was taken into consideration, national income per capita would be 3 thousand 645 U.S. dollars in 2004, Sener noted.
Sener said that the inflation target for 2004 was 12 percent.
State Minister Sener pointed out that Turkey aimed to make exportation of 51.5 billion U.S. dollars and importation of 75 billion U.S. dollars in 2004 and targeted to raise 9.8 billion U.S. dollars through tourism.
The government planned to decrease the public sector borrowing need to 8.1 percent by the end of 2004, Sener stated.
Sener said that the government targeted at 6.5 percent primary surplus for 2004.
The government estimated tax revenues in 2004 as 99.1 quadrillion, Sener stated.
Sener added that the government envisaged 7.5 quadrillion TL of investments for the year 2004.
(BRC) 14.10.2003