FX.co ★ Turkey’s Treasury Cash Deficit Narrows Sharply in February

Turkey’s Treasury cash balance showed a marked improvement in February 2026, with the deficit narrowing to -92.420 billion lira from -246.300 billion lira in January 2026, according to data updated on 6 March 2026.

The February figure indicates a significant easing in the monthly cash shortfall compared with the previous month, suggesting a moderation in Treasury outflows, an increase in inflows, or a combination of both. While the balance remains in negative territory, the sharp reduction in the deficit may offer some relief to investors closely watching Turkey’s fiscal dynamics.

Market participants and analysts will be looking to upcoming months’ data to assess whether this narrowing represents the start of a more sustained trend in fiscal consolidation or a one-off adjustment in cash operations.