Ankara-Sana
The Turkish trade deficit increased 67 percent year on year in the past month.
Reuters quoted the Statistics Institute as saying that Turkey's trade deficit jumped 67 percent year on year in April to $ 4.56 billion, according to the General Trade System.
The institute noted that Turkey's exports fell 41.4 percent, and imports fell 25 percent compared to April 2019.
This deficit comes at a time when the Turkish currency is deteriorating due to the deteriorating political and security conditions in the country, especially during the recent period due to the repressive measures practiced by Recep Tayyip Erdogan's regime under the pretext of the coup attempt in mid-July 2016 as well as the mismanagement of the crisis due to the Coruna epidemic, which all led to rebounds Economic, including declining tourism and investment, and a decline in the country's foreign exchange earnings.
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