FX.co ★ Turkey's Treasury Cash Balance Hits Record Low in April 2024

In April 2024, Turkey's Treasury cash balance reached a record low at -236.979 billion, marking a significant decrease from the previous month's figure of -166.950 billion in March 2024. This substantial change indicates a challenging financial landscape for the country. The updated data on the Treasury cash balance was released on 8th May 2024, shedding light on Turkey's current economic situation. The significant drop in the cash balance raises concerns about the country's financial stability and prompts a closer look at its fiscal policies moving forward.