Submitted to the Grand National Assembly of Turkey: Diyanet budget surpasses 6 ministries

The Diyanet has left 6 ministries behind with its budget. A budget of 79.7 billion TL has been allocated for religious services and widespread religious education for the coming year. While a revenue of approximately 119 billion TL is targeted from monetary fines, 107.5 billion TL in Special Consumption Tax (ÖTV) revenue is expected from alcoholic beverages, and 251.5 billion TL from tobacco products. Under the scope of exemptions and exceptions, 2.2 trillion TL in tax revenue will be foregone.

Notable highlights from the 2024 Budget submitted to Parliament are as follows:

According to the Law on the Regulation of Public Finance and Debt Management, the limit for guaranteed facilities and external debt on-lending will be 9 billion dollars. The debt assumption commitment limit to be provided by the Ministry of Treasury and Finance has been set at 1.5 billion dollars.

SURPASSED 6 MINISTRIES

The Diyanet has left 6 ministries behind with its budget. The Diyanet's budget is even higher than the 76.2 billion TL budget of the Ministry of Interior. The ministries that the Diyanet has surpassed with its budget are as follows: Interior, Foreign Affairs, Energy and Natural Resources, Culture and Tourism, Industry and Technology, Trade.

Meanwhile, the Diyanet's 2025 budget is targeted at 113.9 billion TL, and its 2026 budget at 131.1 billion TL.

80 BILLION LIRA RESOURCE

A budget of 79.7 billion TL has been allocated for religious services and widespread religious education for the coming year. A budget of 98.9 billion TL is projected for 2025, and 113.9 billion TL for 2026. A budget of 335.9 billion TL has been allocated for secondary education and 584.4 billion TL for basic education.

1 LIRA OF EVERY 6 LIRAS IS ÖTV

A revenue of 8.3 trillion TL is expected from taxes next year. The revenue expected from the Special Consumption Tax (ÖTV) is 1.4 trillion TL. The targeted ÖTV revenue is 455.1 billion TL from petroleum and natural gas, 498.2 billion TL from motor vehicles, 107.5 billion TL from alcoholic beverages, 251.5 billion TL from tobacco products, 11.3 billion TL from carbonated soft drinks, and 85.8 billion TL from durable consumer goods and other products.

THEY WILL COLLECT BILLIONS OF LIRAS FROM MOTOR VEHICLE TAX (MTV)

Revenue of 68.9 billion TL is projected from the motor vehicle tax, 37.5 billion TL from the special communication tax, 15.5 billion TL from the digital service tax, and 12.9 billion TL from the accommodation tax.

FINES TURNED INTO REVENUE

A revenue of 118.9 billion TL is expected from monetary fines. Within the scope of administrative fines, 92.9 million TL is targeted from traffic fines, and 23.6 billion TL from administrative fines where a share is allocated. 49.7 billion TL is expected from tax penalties and 2.2 billion TL from judicial fines.

REAL ESTATE SALES

Next year, 2.2 trillion TL in tax revenue will be foregone under "tax expenditures," meaning exemptions and exceptions. Within this scope, 1.1 trillion TL will be foregone from income tax, 657.1 billion TL from corporate tax, 342.2 billion TL from VAT, 61.7 billion TL from ÖTV, and 143.1 billion TL under other laws.