Turkish Minister Submits Draft Budget Of 2009 To Parliament Committee

ANKARA - The Turkish finance minister submitted a draft budget of 2009 to a parliament committee on Thursday.
Turkey's Finance Minister Kemal Unakitan presented the draft budget for 2009 to Planning & Budget Committee of the Turkish Parliament.
Turkey forecasts a budget deficit of 13.3 billion Turkish liras (TL) in 2009. (One USD is 1.685 new Turkish liras-YTL).
The draft budget has been prepared in TL since TL will replace the YTL as of the beginning of 2009.
It foresees 248.7 billion TL of revenues and 282.1 billion TL of expenditures in 2009.
According to the draft, the primary surplus will be 44.1 billion TL in 2009.
The budget sets growth rate target as 4 percent and year-end inflation target as 7.5 percent in 2009.
(BRC-MS)
(ECO)