Jan 16 2019

Turkish presidency budget sees 500 pct increase in four years

Presidential expenditures since Recep Tayyip Erdoğan took office in 2014 increased by 550 percent, surpassing 3.5 billion ($ 651 million) Turkish liras, independent news site Diken reported.

The Turkish presidency spent a total of 1. 9 billion liras ($ 361 million) in 2018, while an additional 1.7 billion liras ($ 329 million) in discretionary funds were used, the news site said.

The office spent 55 million liras ($ 10 million) between January-May of last year, while this figure rose to 118 million (21 million) in June , when the presidential and parliamentary elections took place; 159 million  (29 million) in July; 84 million ($ 15 million) in September; 411 million ($ 76 million) in October; 250 million ($ 46 million) in November and 269 million ($ 50 million) in the last month of the year.

In 2018, Turkey’s prime ministry spent 1.7 billion ($ 316 million)  lira, Diken said.

Turkey’s June elections ushered in an executive presidential system while abolishing the prime ministerial role. 

The majority of Turkey's 2019 budget allocations have been spared for presidential, security and defence expenditures. 

http://www.diken.com.tr/cumhurbaskanligi-butcesi-dort-yilda-yuzde-550-artti/