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    Home»Economy»Minister Bolat evaluated the balance of the payment balance
    Economy

    Minister Bolat evaluated the balance of the payment balance

    July 11, 20252 Mins Read
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    Minister Bolat evaluated the balance of the payment balance

    Trade Minister ömer Bolat reported that the current account deficit, $ 591 million in May 2024, is the lowest monthly level in the past 7 months with $ 684 million in the same month this month.

    Secretary of Commerce Omer Bolat, social media account, has evaluated the payment balance.

    Say that they will continue their policies to increase exports and services as the government and to protect domestic manufacturers with determination and they will enhance macroeconomic stability by providing a stable course in the current transaction account, “the current account is May. “We are determined to protect the situation stable” Bolat emphasized that the export of services maintains a powerful course and the service exports increased by 6.8 % compared to the same month of last year on the basis of annual and broke the $ 116.9 billion record, the travel revenue to $ 57.2 billion and the shipping revenue reached $ 40.1 billion. Bolat, annual export of goods and services, up 3.3 % compared to the same month of the previous year increased to $ 382.3 billion, said: “The annual import of the EU-27 is still a horizontal course, weak demand, demand, tariff war and warm impacts such as negative impacts such as stability.

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