Türkiye targets 4.2% growth and 21% inflation in 2027 budget

Vice President Cevdet Yılmaz presented the government's 2027 budget on 16 October, projecting growth of 4.2 percent, up from 3.3 percent this year, and inflation falling to 21 percent by the end of 2027 from a forecast 28.4 percent this year. The budget plans spending of 27.28 trillion lira against revenue of 23.41 trillion lira, a deficit of 3.5 percent of GDP, while keeping a primary surplus.

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