FX.co ★ Turkey Swings to Budget Surplus in June After Deep May Deficit

Turkey’s public finances showed a sharp turnaround in June 2026, as the country’s budget balance moved into positive territory following a steep deficit in the previous month, according to figures updated on 16 July 2026.

The budget balance improved from a deficit of -298.20B in May 2026 to a surplus of 114.20B in June 2026. This dramatic month-on-month shift signals a marked change in the fiscal position within a short period, reversing the negative reading recorded in May.

While the underlying drivers of the reversal were not detailed in the latest update, the swing from a large deficit to a triple‑digit surplus in June will likely draw close attention from investors and analysts monitoring Turkey’s fiscal trajectory and the sustainability of its public finances.