Turkey's budget surplus reaches 2.1 bln TL in November

ANKARA (A.A) - December 15, 2011 - Turkey's budget surplus reached 2.1 billion Turkish liras-TL (1.1 billion USD) in November 2011, the Finance Ministry said on Thursday. The ministry made public budget performances in November and between January and November 2011. Accordingly, budget expenditures were around 26.8 billion TL (14.2 billion USD) and budget revenues were around 29.032 billion TL (15.4 billion USD) in November. Thus, Turkey posted a budget surplus of 2.1 billion TL (1.1 billion USD). In the first 11 months of 2011, budget expenditures were 271.3 billion TL (143.9 billion USD), and revenues were 272.7 billion TL (144.6 billion USD), making the budget surplus 439 million TL (232.8 million USD).