Today, 684 million dollars deficit in May, which evaluates the current account deficit figures Treasury and Finance Minister Mehmet Simsek “Foreign trade and current transactions balance is taking place in line with our expectations.” he said.
Minister Şimşek said that thanks to the economic program implemented, the external deficit was exhibited.
“In May, the annual current account deficit was horizontal at the level of 16 billion dollars. The balance of foreign trade and current transactions is realized in line with our expectations.
We expect that the rate of current account deficit to national income to national income will remain below our MTP estimation with approximately 1.5 percent this year.
Thanks to our program, the healing we provide in the current balance reduces the need for external financing and the ratio of external debt to national income. These developments increase the resistance of our economy while strengthening our macrophinancular stability. “
