July 16 (SeeNews) - Turkey's central government budget was in deficit of 109.5 billion lira ($16 billion/14 billion euro) for the first half of 2020, compared with a gap of 78.6 billion lira in the like period of last year, finance ministry data showed on Thursday.
The budget deficit, excluding interest payments, totalled 38.2 billion lira in January-June 2020, compared with 27.8 billion lira in the like period of 2019, the data showed.
Budget revenues came in at 455.4 billion lira in the first six months of 2020, up from 403 billion lira a year earlier, while budget expenditures increased to 564.9 billion lira, compared with 481.6 billion lira in the first half of 2019.
In June alone, the budget deficit increased to 19.4 billion lira from 12 billion lira in the same month of 2019.
The finance ministry did not provide a figure for the budget balance expressed as percentage of GDP.
(1 euro = 7.81520 lira)