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Development and Financing Methods of Turkey Budget Deficits

One of the most important problems of today's economies is the public deficits given by the national budgets. The main reason for the budget deficits is that the state's revenues are at a level that cannot finance the expenditures they have made. Economies that cannot finance their budget deficits with their own resources tend to domestic and foreign borrowing. In this case, an increase in the debt burden on the government(interest plus capital) causes an increase. In the event that public debt cannot be paid on time, the state is re-borrowed for financing these debts, and new debts are passed instead of closing current debts. In this study, changes in the state of public debt in the last decade we left behind Turkey's economy has been examined.

Budget Deficits, Debt, Public Debt


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