Keywords: Fiscal Monitoring
TEPAV: “Primary Budget Expenditures Did Not Fall Back Down to the Pre-crisis Level” The assessment stressed that a significant proportion of the current account deficit resulted from the savings gap of the public sector, confirming the need for a change in public expenditure policy.
18/08/2011
ANKARA – TEPAV stated that primary budget expenditures which grew along with the crisis did not fall back to the pre-crisis levels yet.
Fiscal Monitoring Report April-May 2011 Budget Implementation Results by TEPAV Stability Institute was pu
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TEPAV: “With a Fiscal Rule, Fiscal Policy of 2011 Could Have Been Looser” TEPAV conducted a study titled "What Would Budget Deficit Be With a Fiscal Rule?"
05/08/2011
ANKARA - TEPAV stated that a fiscal rule would have required a tighter fiscal policy in 2010 and a looser fiscal policy in 2011 in line with the targets of the 2011 Medium Term Program (MTP).
TEPAV published a study titled: "What Would Budget Defi
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TEPAV: "Fiscal Policy does not Stand Upright" TEPAV stated that although the budget deficit ameliorated in 2010 compared to 2009, structural budget balance has been deteriorating since 2006.
08/05/2011
ANKARA - TEPAV stressed that although the budget deficit ameliorated in 2010 compared to 2009, structural budget balance has been deteriorating since 2006. TEPAV said, "Fiscal stance demonstrates a negative outlook." It was also maintained that
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The Share of Interest Expenditures Decreased while that of Social Security Increased Fiscal Monitoring Report October November 2010 Budget Implementation Results reveal that the share of public services under other categories did not change considerably.
02/02/2011
ANKARA - The share of interest expenditures decreased over years while the shares of public services under other categories did not change considerably. Social security deficit finance surpassed other social assistance items increasing its shar
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Government Budget Patched Through the Unemployment Fund The amount of transfers to budget from the Unemployment Fund reached 8.6 billion TL over the 2008-2010 October.
24/12/2010
ANKARA- Non-budgetary revenues, privatization revenues and unemployment fund revenues predominant among them, contributed substantially to the recovery in the budget balance. The amount of transfers to budget only from the Unemployment Fund rea
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TEPAV: “Method Of Liquidation Of The Obligations Of Public Institutions Is Not Compatible With Fiscal Transparency” TEPAV criticizes that the bill of law negotiated by the TGNA allows the institutions the obligations of which are liquidated to account the fiscal transactions in form of transfers out of the budget.
13/07/2010
ANKARA - TEPAV criticized the "Bill of Law on the Regulation of Certain Obligations and Receivables of Some Public Institutions and Agencies" which is currently discussed at the Grand National Assembly of Turkey (TGNA) and said: "The bill of law al
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TEPAV announces Fiscal Monitoring Report February results
29/04/2010
ANKARA- Central government budget had a deficit of 5.4 billion TL as of the end of February, indicating a 48% improvement compared to February 2009. Rises in tax revenues and seasonally low interest expenditures contributed to the improvements in bud
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TEPAV evaluated the 2009 budget results: “Declarations in more detail should be made for fiscal transparency”
25/02/2010
ANKARA-TEPAV asked for the clarification of some points regarding the source of the improvements in 2009 budget. TEPAV report said "Clarification of the level of stock liability that was not included in 2009 budget expenditures and was transferred to
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TEPAV: "Revised Budget Target Might Not Be Fulfilled Due To SSI"
11/01/2010
ANKARA – TEPAV stated that budget is faced with a pressure for expenditures above the level of SSI allowances and said: “Under these circumstances, it appears that the most significant risk that will lead to a budget deficit even below the revise
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TEPAV :"Instead of Introducing a New Fiscal Rule, the Existing Fiscal Rule is Loosened"
15/07/2009
ANKARA- TEPAV expressed that increasing the borrowing limit as per the "Torba" Law which is still on the agenda of the Grand National Assembly of Turkey (GNAT) means loosening the only fiscal rule in effect, ironically in a period where the necessity
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