Finance Ministry

Budget posts 64 bln Turkish Liras deficit in July

The central government budget posed a deficit of 64 billion Turkish Liras ($3.6 billion) in July, the Treasury and Finance Ministry has said.

Revenues increased by 107 percent last month from a year ago to totaled 197 billion liras, but the rise in expenditures was at 85 percent on an annual basis, amounting to 261 billion.

Govt’ scrutinizing house prices, says finance minister

The residential property market is on the government's radar, while excessive price movements are being closely watched, Treasury and Finance Minister Nureddin Nebati has said.

A comprehensive study on the sharp increases in the real estate market has been launched, Nebati said. "We are doing and will continue to do what is necessary."

State increases three bond issues by EUR 405m

Ljubljana – Slovenia’s treasury has increased the issuance of three bonds with a total value of just under EUR 405.5 million, according to a posting on the website of the Ljubljana Stock Exchange. This is the first long-term borrowing under the new government of Robert Golob, which puts Slovenia’s total long-term borrowing this year at EUR 3.27 billion.

Jana Ahčin becomes first woman president of Court of Audit

Ljubljana – Jana Ahčin, a former director of the Financial Administration (FURS), was appointed Court of Audit president in a secret vote in the National Assembly on Friday in which she received 60 votes. She will take over for nine years as the court’s first woman president, replacing Tomaž Vesel, whose term expired at the end of May.

Pahor nominates Court of Audit head, central bank vice-governor

Ljubljana – President Borut Pahor has nominated Jana Ahčin for Court of Audit president and Milan M. Cvikl for a vice-governor of the central bank after completing consultations with parliamentary groups’ heads last week and establishing both candidates enjoy the necessary support. The candidates will need at least 46 votes to get elected in a secret ballot.

Fiscal discipline will be maintained, vows minister

Turkey will maintain fiscal discipline while continuing to implement practices to provide support to low-income people, Treasury and Finance Minister Nureddin Nebati has said.

Speaking to businesspeople in the southeastern province of Gaziantep, Nebati dismissed suggestions that the public finances deteriorated.