Turkey’s account deficit falls by $25 mln
Azerbaijan, Baku, March 12 / Trend A. Taghiyeva /
Turkey's account deficit has fallen by $25 million to $5.9 billion in January 2012 compared to the same period of 2011, the Turkish Central Bank reported on Monday.
Turkey's revenues from tourism increased by $39 million to $972 million in January 2012 compared to January 2011. The tourism costs for the period decreased by $93 million to $272 million.
The country's income from investments increased by $50 million to $615 million compared to January 2011.
Nonresidents' investments in the economy increased by $375 million in January to $892 million.
Non-residents carried out transactions worth $556 million on the Turkish stock market.
During the year, the Turkish government's deposits increased by $863 million, and decreased by $2.671 million in January compared to the previous month.