Erdoğan: The 2026 Budget will provide a primary surplus of 29 billion TL.

Erdoğan's 2026 Budget Statement

President and AK Party Chairman Recep Tayyip Erdoğan addressed important budget details at his party's Grand National Assembly Group Meeting. He stated that the 2026 budget would yield a primary surplus.

Budget Revenues and Expenditures

Erdoğan expressed that the budget expenditures for 2026 would amount to 18 trillion 929 billion TL, while the revenues would be 16 trillion 216 billion TL, revealing an anticipated 29 billion TL primary surplus.

Social Assistance and Support

Assessing the impact of the earthquake on the budget, Erdoğan conveyed that they are working to retract the budget deficit back to average levels from previous governments. The social assistance budget is planned to be 917 billion TL for 2026, which corresponds to 4.8% of the budget. Additionally, it was reported that 100 billion TL would be allocated for social housing projects.

Energy Supports

Erdoğan stated that support for natural gas and electricity prices will continue, indicating that 373 billion TL has been allocated within the 2026 budget.

Education and Health Expenditures

Erdoğan emphasized that resources allocated for family, children, and women's programs would be increased by 30%, 34%, and 35% respectively, noting that the education budget would be 2 trillion 896 billion TL and its share in the total budget would be 15.3%.

Infrastructure and Public Debt

Finally, Erdoğan noted that since 2002, resources have been directed towards both interest payments and public services, stating that in the 2026 budget, interest expenditures have significantly decreased compared to the past; indicating that 14.5% of total budget expenditures are made up of interest payments.