Turkey’s Treasury cash balance recorded a sharp reversal in July 2026, shifting from a solid surplus to a substantial deficit, according to data updated on 7 August 2026. The balance fell to -395.650 billion in July, compared with a surplus of 50.100 billion in June 2026.
The figures highlight a dramatic month-on-month deterioration in the Treasury’s cash position over the period. While June ended with the Treasury in positive territory, July’s reading indicates a markedly higher level of net cash outflows, pointing to significantly increased spending, reduced revenues, or a combination of both within the month. Market participants and analysts are likely to watch subsequent releases closely to assess whether this sharp swing is temporary or signals a more persistent fiscal strain in Turkey’s public finances.