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Budget Law Proposal Submitted to Parliament

Budget law proposal was submitted to the parliament. The 2021 Central Government Budget Law Proposal has the signature of President Erdoğan.

Budget Law Proposal Submitted to Parliament
Yazar: Eylem Özer

Yayınlanma: 18 Ekim 2020 11:17

Güncellenme: 3 Mayıs 2024 04:06

Budget Law Proposal Submitted to Parliament Budget law proposal was submitted to the parliament. The 2021 Central Government Budget Law Proposal has the signature of President Erdoğan. The 2021 Central Government Budget Law Proposal was submitted to the Presidency of the Turkish Grand National Assembly. While the budget for 2021 was prepared according to the principles of the Program Budget, the appropriations in the Central Government Budget were distributed among 68 programs. The 2021 budget, which is the 19th budget of the AK Party government, went down in history as the third budget prepared after the Presidential Government System. For the year 2021, the budget expenditures were estimated to be 1 trillion 346.1 billion liras, non-interest expenditures as 1 trillion 166.6 billion liras, budget revenues as 1 trillion 101.1 billion liras, tax revenues 922.7 billion liras, and budget deficit as 245 billion liras. .   Most Shares Were Given To Educational Services Educational services and the organizations that carry out these services took the biggest share in the 2021 budget. In the budget proposal for 2021, the most appropriations were allocated to investment projects compared to 2020. Accordingly, capital expenditure appropriations, which were 56.6 billion lira in 2020, increased by 83 percent (47.1 billion lira) and reached 103.7 billion lira.
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