Economy Politics Country 2026-03-12T13:20:35+00:00

Turkey's Current Account Deficit May Exceed Forecasts

Turkey's finance minister warns that the current account deficit may exceed forecasts due to rising energy prices amid geopolitical tensions.


Turkey's Current Account Deficit May Exceed Forecasts

Turkish Finance Minister Mehmet Şimşek stated on Thursday that the country's current account deficit may exceed government forecasts for the current year due to rising energy prices amid geopolitical tensions. This could put pressure on Turkey's economy and affect its macroeconomic stability. The government is closely monitoring the situation and examining possible measures to mitigate the impact.