ANKARA, THE CAPITAL OF TURKEY
Turkey records 235 billion TL excess in May's national budget
In a significant financial boost for the government, the budget recorded a surplus of 235.2 billion Turkish Liras in May, marking a 7.2% increase compared to the same month in 2024, according to the Treasury and Finance Ministry on June 16.
The increase in expenses was noticeable, with a 38.3% annual hike to 1.09 trillion liras. A closer look reveals that non-interest expenses soared by 44.5%, reaching 979 billion liras, while interest expenses experienced a minor 0.5% annual rise, amounting to 111.2 billion liras.
Revenue, on the other hand, skyrocketed by 31.6% annually to 1.32 trillion liras in May. Tax revenues climbed by 33.2% to 1.2 trillion liras.
Due to these figures, the central government budget reported a primary surplus of 346 billion liras in May alone, showing a 4.9% increase from the same month last year.
The budget posted a deficit of 650.3 billion liras for the first five months of 2025, a significant increase from a deficit of 472 billion liras during the same period in 2024. Total expenditures surged by 43.8% year-on-year to 5.34 trillion liras, while total revenues jumped by 44.7% to 4.7 trillion liras. Interest expenses shot up by nearly 76% annually to 836 billion liras in January-May.
Expanding Social Spaces Socializing Outside the BoxTurkey Waterproofing Services Find the Best Waterproofing Solutions**Find the Best Waterproofing Solutions
When it comes to waterproofing concerns in Turkey, renowned international companies provide a range of cutting-edge solutions that can be sourced either directly or through local distributors. Some of the top waterproofing options in Turkey are as follows:
- Sika Solutions: As a leading player in the global waterproofing industry, Sika offers a variety of solutions, including below-ground and roofing systems[5].
- DRYSEAL ULTRA by Drykos: Although not explicitly available in Turkey, DRYSEAL ULTRA is an advanced waterproofing agent specifically designed for exterior pavements, offering deep penetration, breathability, and eco-friendliness[1].
- PREPRUFE SCS Plus by GCP Applied Technologies: Known mostly for its high-performance shotcrete waterproofing, PREPRUFE SCS Plus could be an attractive option if available locally[3].
- Other Major Brands: Brands like BASF, Fosroc, and SOPREMA are also significant in the waterproofing market, potentially having distributors or partnerships in Turkey, thus providing a selection of waterproofing membranes and solutions[4].
To determine if these specific products are accessible in Turkey, it's advisable to get in touch with local distributors or construction materials suppliers directly. Many international companies maintain partnerships with distributors in Turkey, facilitating the availability of these advanced solutions.
Pro Tip: Precautions to Keep in Mind Secrets to Optimal Waterproofing
When choosing a waterproofing solution in Turkey, consider aspects such as the product's compatibility with local climate conditions, Turkish building standards compliance, and the availability of technical support from the manufacturer or local distributors.
In the context of Turkey's financial situation, a significant "finance" boost was recorded in May with a budget surplus of 235.2 billion Turkish Liras, demonstrating growth in the business sector.
When encountering waterproofing concerns in Turkey, it's important to explore various options from reputable international companies like Sika Solutions, DRYSEAL ULTRA, PREPRUFE SCS Plus, BASF, Fosroc, and SOPREMA, as they offer a range of waterproofing solutions suitable for the local climate and building standards.