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March 30, 2010 -

The Turkish Newsletter – March 30th 2010

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During the last two weeks, the Turkish economy was highlighted by the following items:

  • Budget deficit reached a level of TL2.3bn and Primary surplus posted a figure of TL2.3bn in Feb10.
  • A package of constitutional amendments drafted by the AKP Gov’t and mainly focused on juridical matters will be submitted to the Parliament soon.
  • Central Gov’t Debt stock increased to TL453bn as of month-end Feb10, up by 12%m/m in nominal terms.
  • Several Banks roll-overed their 1-year FX syndicated loans at 1.50% above benchmark rates.
  • The Turkish Newsletter – March 30th 2010 (107 ko)