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Current balance gave a surplus after 20 months
Business

Current balance gave a surplus after 20 months

Bywadmin August 11, 2023

Turkey’s current account posted a surplus of $674 million in June after 20 months. According to the balance of payments data announced by the Central Bank of the Republic of Turkey (CBRT), there was a…

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Energy projects will lead the way in reducing the current account deficit
Business

Energy projects will lead the way in reducing the current account deficit

Bywadmin May 13, 2023

According to the data of the Central Bank of the Republic of Turkey (CBRT), Turkey has $289 billion in resources that will contribute to reducing the current account deficit in the medium term. In the…

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US current account deficit increased by 11.5% in 2022
Business

US current account deficit increased by 11.5% in 2022

Bywadmin March 26, 2023

The US Department of Commerce announced the current account balance data for the period of October-December 2022. Accordingly, the country’s current account deficit decreased by 5.6 percent in the fourth quarter of last year compared…

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