Turkey's Treasury Cash Balance Plummets to Historic Deficit in December

Turkey's financial landscape experienced a significant shift as the Treasury Cash Balance saw a drastic change in December 2025. From a relatively stable figure of 56.390 billion Turkish Liras in November, the balance plummeted to a staggering deficit of -333.150 billion in December. This unprecedented shift was confirmed with data updates on January 8, 2026.

The sharp decline in the Treasury Cash Balance has raised eyebrows among economists and investors, as it reflects acute fiscal pressures on the Turkish government. Analysts are now considering potential factors that could have contributed to this financial contraction, ranging from increased expenditures and debt servicing costs to currency volatility and adjustments in public sector finances.

As Turkey grapples with this new economic reality, stakeholders are closely monitoring how the government plans to address the widening deficit. Active measures will likely be crucial to restoring financial stability and confidence among investors in the months ahead.