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Home > Economy News > The new year's budget in Parliament is being determined

The new year's budget in Parliament is being determined

Parliament Speaker Numan Kurtulmuş announced that a budget proposal of 33 billion 787 million Turkish Lira has been submitted for 2027.

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Published: 28.10.2026 13:59 Updated: 28.10.2026 13:59
The new year's budget in Parliament is being determined

The Turkish Grand National Assembly (TBMM) Plan and Budget Committee convened under the chairmanship of AK Party Samsun Deputy Mehmet Muş for budget negotiations regarding the Parliament and its affiliated institutions. Making a presentation to the committee, Parliament Speaker Numan Kurtulmuş announced that the total amount proposed for 2027 is 33 billion 787 million Turkish Lira.

Kurtulmuş stated that the proposal shows a 24.1 percent increase compared to the previous year's initial appropriation, noting that efficiency and austerity measures are being prioritized in resource utilization. The Parliament Speaker expressed that services are being prioritized in line with the goals set out in the strategic plan.

Representative news image prepared with budget documents, a calculator, and Turkish Lira banknotes.
Representative image regarding budget negotiations.

BUDGET INCREASE AND EXPENDITURE DATA

According to the information provided by Kurtulmuş, the initial appropriation allocated to the TBMM for 2025 was 17 billion 817 million 190 thousand Turkish Lira. It was noted that with intra-year revisions, this amount was realized at the level of 15 billion 464 million 925 thousand Turkish Lira, with a realization rate of 99.8 percent.

Image of Turkish Lira banknotes of different denominations being held in hand.
The 2027 proposal amount for the TBMM budget was announced as 33 billion 787 million Turkish Lira.

Stating that the 2026 appropriation was enacted as 27 billion 235 million 264 thousand Turkish Lira, Kurtulmuş said that this amount reached 26 billion 817 million 506 thousand Turkish Lira with revisions. According to the data presented, it was stated that 19.2 billion Turkish Lira, or 72 percent, had been spent.

Excluding treasury aid allocated to the Ombudsman Institution and the Radio and Television Supreme Council (RTÜK), 30 billion 83 million Turkish Lira was proposed against the previous year's initial amount of 25 billion 181 million Turkish Lira. The comparable increase rate for these items was announced as 22.3 percent.

Image of a person holding stacks of 200 Turkish Lira banknotes.
Kurtulmuş stated that it is anticipated that almost all of the allocated resources will be used by the end of the year.

Within the framework of multi-year preparation, 36 billion 785 million Turkish Lira was projected for 2028, and 39 billion 863 million Turkish Lira for 2029. Kurtulmuş stated that the services of the coming period will be planned in accordance with financial possibilities.

KURTULMUŞ'S STATEMENT ON A 'TERROR-FREE TURKEY'

Touching upon security and political processes in his presentation, Kurtulmuş said that the work carried out within the scope of the "Terror-Free Turkey" goal is important for Turkey's future. He recalled that the report prepared after the relevant committee's work was accepted with the votes of 47 out of 50 deputies.

Kurtulmuş stated that a Monitoring Committee with the participation of all parties will be established to monitor the process in the TBMM, noting that the committee will follow the implementation of the law, as well as the disarmament and dissolution process. He noted that if needed, work on new legal regulations could also be brought to the agenda.

Image featuring numerous stacks of 200 Turkish Lira banknotes.
TBMM budget negotiations continue with the evaluations of the deputies.

Sharing data on the legislative activities of the TBMM, Kurtulmuş reported that 4 thousand 3 legislative proposals were submitted to the Speaker of the Parliament in the 28th term, and 142 of the 264 proposals included in the General Assembly agenda were enacted. It was announced that 380 meetings, 1803 sessions, and approximately 2 thousand 911 hours of meetings were held in the TBMM General Assembly.

Following Kurtulmuş's presentation on the budget, the Plan and Budget Committee meeting continued with the opinions and evaluations of the deputies.


News Source: 12punto

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TBMM Numan Kurtulmuş 2027 budget Plan and Budget Committee Ombudsman Institution Court of Accounts Terror-Free Turkey