ﻣﻮﻗﻊ ﺻﺪﻱ اﻟﺒﻠﺪ

Supervisor
Elham AbolFateh

Middle East

Turkey's current account gap at $2.97B in June

Friday 10/August/2018 - 02:23 PM
Sada El Balad
Turkey's current account deficit stood at $2.97 billion in June، the Turkish Central Bank (CBRT) announced Friday.
The gap widened by $818 million compared to June 2017، according to the CBRT report on the balance of payments. Anadolu Agency said.

It revealed that the country's 12-month rolling deficit had reached nearly $57.4 billion in June.

The goods deficit decreased by $228 million to $4.4 billion while the primary income gap slipped by $125 million to $1 billion، the bank noted.

"Services item recorded net inflow of $2.38 billion increasing by $712 million compared to the same month of last year، mainly stemming from $490 million net increase in travel revenues observing as $1.88 billion in June 2018،" it said.

Meanwhile، the country's current account gap in the first six months of this year hit $31.2 billion، up from $21.3 billion compared to the same period last year.

Turkey's annual current account deficit in 2017 was over $47.4 billion، compared to the previous year's figure of $33.1 billion.


Edited by rehab sayed

Comments

ads

Poll

What do you think about our new design?

What do you think about our new design?
ads