World Bulletin / News Desk
Turkey’s current account deficit reached $1.23 billion in August 2017, down by almost $171 million year-on-year, according to the Central Bank Wednesday.
"The current account deficit recorded $1.237 million, indicating a decrease of $171 million compared to August of the previous year, bringing the 12-month rolling deficit to $36,972 million," the bank stated.
The bank said the decrease in the current account had been derived from an increase of $637 million in the services surplus that recorded a net inflow of $3.51 million in August.
Goods items also accounted for $4.27 million, marking a rise of $689 million in the month, it added.
Travel items, which constitute a major part of the services account, recorded a net inflow of $2.99 million in August, increasing by $658 million compared to the same month of 2016, the bank said.
On eve of Election Day, Devlet Bahceli also warns of economic attacks and international conspiracies against Turkey
Operations were carried out in Turkish provinces of Gaziantep, Mugla, Osmaniye, Tekirdag, Nevsehir, and Istanbul
Binali Yildirim slams opposition for raising questions over security arrangements
Turkish president slams opposition presidential candidate for saying he will sleep outside top electoral body
Nearly $60M invested to organize anti-narcotic operations in 5 years, says minister
Turkish premier stresses stability, confidence in country for continued investments
Chairman of main opposition party says Turkey has to produce added-value goods
Muharrem Ince says he will establish ministry of industry, entrepreneurship
Observers from Organization for Security and Cooperation in Europe plan to create chaos in Turkey, say security sources
Okkes Tetik was arrested in western Sakarya province
Turkish president speaks two days ahead of elections in joint broadcast of TRT channels
Raids take place in Turkey's provinces of Van, Hatay, Adana, Diyarbakir and Istanbul
Journalists from 34 countries receive accreditation from Directorate General of Press and Information for June 24 elections
No causalities reported so far from quake in Van province
Turkish justice minister also says reduction in number of ministries will enable faster services to citizens
First patrols by both Turkish and US troops in region began on June 18 and the second patrols on June 20