{"id":1028,"date":"2025-12-01T09:50:00","date_gmt":"2025-12-01T06:50:00","guid":{"rendered":"https:\/\/www.atilim.edu.tr\/manzara-politik\/?p=1028"},"modified":"2025-12-01T09:50:01","modified_gmt":"2025-12-01T06:50:01","slug":"butcede-freni-gelirler-tuttu-risk-faiz-yukunde","status":"publish","type":"post","link":"https:\/\/www.atilim.edu.tr\/manzara-politik\/?p=1028","title":{"rendered":"B\u00fct\u00e7ede Freni Gelirler Tuttu, Risk Faiz Y\u00fck\u00fcnde"},"content":{"rendered":"\n

G\u00f6khan \u00dcnalan<\/strong><\/p>\n\n\n\n

2025 Ekim itibar\u0131yla merkezi y\u00f6netim b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 1,44 trilyon TL olarak ger\u00e7ekle\u015fmi\u015f ve \u00f6nceki y\u0131la g\u00f6re s\u0131n\u0131rl\u0131 bir art\u0131\u015f g\u00f6stermi\u015ftir. A\u00e7\u0131\u011f\u0131n art\u0131\u015f h\u0131z\u0131ndaki yava\u015flamada, gelirlerdeki g\u00fc\u00e7l\u00fc toparlanma ve harcama art\u0131\u015f temposunun d\u00fc\u015fmesi etkili olmu\u015ftur. Buna kar\u015f\u0131n b\u00fct\u00e7e 379 milyar TL faiz d\u0131\u015f\u0131 fazla<\/strong> vermi\u015f, b\u00fct\u00e7e dengesindeki bozulman\u0131n temel kayna\u011f\u0131n\u0131n faiz giderlerindeki y\u00fckseli\u015f oldu\u011fu g\u00f6r\u00fclm\u00fc\u015ft\u00fcr.<\/p>\n\n\n\n

Toplam harcamalar %42,9 artarak 11,6 trilyon TL<\/strong> seviyesine ula\u015fm\u0131\u015ft\u0131r. Harcamalar\u0131n b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcn\u00fc olu\u015fturan faiz d\u0131\u015f\u0131 kalemler %38,3 oran\u0131nda y\u00fckselmi\u015f; \u00f6zellikle personel giderleri, cari transferler ve mal-hizmet al\u0131mlar\u0131ndaki art\u0131\u015f e\u011filimi s\u00fcrm\u00fc\u015ft\u00fcr. Faiz harcamalar\u0131 ise %73,5 gibi y\u00fcksek bir art\u0131\u015f kaydederek bor\u00e7lanma maliyetlerinin b\u00fct\u00e7e \u00fczerindeki bask\u0131s\u0131n\u0131 art\u0131rm\u0131\u015ft\u0131r.<\/strong><\/p>\n\n\n\n

Gelir taraf\u0131 b\u00fct\u00e7enin en g\u00fc\u00e7l\u00fc alan\u0131 olmu\u015ftur. Toplam gelirler %48,1 artarak 10,1 trilyon TL\u2019ye<\/strong> y\u00fckselmi\u015f; art\u0131\u015f\u0131n neredeyse tamam\u0131 vergi gelirlerinden kaynaklanm\u0131\u015ft\u0131r. Vergi gelirlerinin toplam harcamalar\u0131 kar\u015f\u0131lama oran\u0131 %75,3\u2019e y\u00fckselmi\u015f, tahsilat performans\u0131ndaki iyile\u015fme b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131n\u0131 s\u0131n\u0131rlayan temel unsur haline gelmi\u015ftir.<\/p>\n\n\n\n

Cari dengede ise a\u00e7\u0131k devam etmektedir. Cari gelirler 10,1 trilyon TL, cari giderler 10,5 trilyon TL olurken a\u00e7\u0131k –438,9 milyar TL<\/strong> seviyesinde kalm\u0131\u015ft\u0131r. Ge\u00e7en y\u0131la g\u00f6re daralma g\u00f6r\u00fclse de cari y\u00fck\u00fcml\u00fcl\u00fcklerin y\u00fcksekli\u011fi yap\u0131sal riskleri s\u00fcrd\u00fcrmektedir.<\/p>\n\n\n\n

Genel olarak 2025 Ekim d\u00f6nemi, gelir performans\u0131n\u0131n b\u00fct\u00e7e g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc destekledi\u011fi, ancak faiz giderleri ve bor\u00e7lanma maliyetlerinin mali politika a\u00e7\u0131s\u0131ndan belirgin risk olu\u015fturmaya devam etti\u011fi bir \u00e7er\u00e7eve sunmaktad\u0131r.<\/p>\n\n\n\n

\u015eekil 1. Merkezi Y\u00f6netim B\u00fct\u00e7esi 2025-2025 Ekim Ay\u0131 Ger\u00e7ekle\u015fmeleri (K\u00fcm\u00fclatif)<\/strong><\/p>\n\n\n\n

<\/td><\/td><\/td><\/td><\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
<\/td><\/td>(Milyon TL.)<\/strong><\/td><\/td><\/td><\/td><\/td><\/td>Ger\u00e7ekle\u015fme Oran\u0131 (%)<\/strong><\/td><\/tr>
 <\/strong><\/td>2024 Ekim<\/strong><\/td>2025 Ekim<\/strong><\/td><\/td>% Art\u0131\u015f<\/strong><\/td><\/td>% Da\u011f\u0131l\u0131m<\/strong><\/td>Art\u0131\u015fa Katk\u0131 (%)<\/strong><\/td>2024<\/strong><\/td>2025<\/strong><\/td>2025OVP<\/strong><\/td><\/tr>
Harcamalar<\/strong><\/strong><\/td>8.114.115<\/strong><\/strong><\/td>11.592.472<\/strong><\/strong><\/td><\/td>42,9<\/strong><\/strong><\/td><\/td>100,0<\/strong><\/strong><\/td>100,0<\/strong><\/strong><\/td>73,2<\/strong><\/strong><\/td>78,7<\/strong><\/strong><\/td>79,0<\/strong><\/strong><\/td><\/tr>
1-Faiz Hari\u00e7 Harcama<\/strong><\/td>7.065.211<\/strong><\/td>9.772.683<\/strong><\/td><\/td>38,3<\/strong><\/td><\/td>84,3<\/strong><\/td>77,8<\/strong><\/td>63,7<\/td>76,5<\/td>77,4<\/td><\/tr>
    Personel Giderleri<\/td>2.248.311<\/td>3.071.651<\/td><\/td>36,6<\/td><\/td>26,5<\/td>23,7<\/td>88,0<\/td>88,4<\/td>83,6<\/td><\/tr>
    Sosyal G\u00fcv.Kur. Devlet Primi<\/td>275.599<\/td>377.370<\/td><\/td>36,9<\/td><\/td>3,3<\/td>2,9<\/td>88,2<\/td>86,8<\/td>84,0<\/td><\/tr>
    Mal ve Hizmet Al\u0131mlar\u0131<\/td>517.568<\/td>761.229<\/td><\/td>47,1<\/td><\/td>6,6<\/td>7,0<\/td>76,1<\/td>74,4<\/td>75,7<\/td><\/tr>
    Cari Transferler<\/td>3.090.522<\/td>4.328.003<\/td><\/td>40,0<\/td><\/td>37,3<\/td>35,6<\/td>72,4<\/td>74,4<\/td>78,3<\/td><\/tr>
    Sermaye Giderleri<\/td>636.751<\/td>895.591<\/td><\/td>40,7<\/td><\/td>7,7<\/td>7,4<\/td>80,8<\/td>81,2<\/td>68,0<\/td><\/tr>
    Sermaye Transferleri<\/td>61.691<\/td>146.965<\/td><\/td>138,2<\/td><\/td>1,3<\/td>2,5<\/td>8,6<\/td>43,5<\/td>28,1<\/td><\/tr>
    Bor\u00e7 Verme<\/td>234.769<\/td>191.875<\/td><\/td>-18,3<\/td><\/td>1,7<\/td>-1,2<\/td>78,6<\/td>62,7<\/td>60,2<\/td><\/tr>
Yedek \u00d6denek<\/td>0<\/td>0<\/td><\/td> <\/td><\/td> <\/td> <\/strong><\/td>0,0<\/td>0,0<\/td> <\/td><\/tr>
2-Faiz Harcamalar\u0131<\/strong><\/td>1.048.905<\/strong><\/td>1.819.788<\/strong><\/td><\/td>73,5<\/strong><\/td><\/td>15,7<\/strong><\/td>22,2<\/strong><\/td>83,6<\/td>93,3<\/td>88,7<\/td><\/tr>
Gelirler<\/strong><\/strong><\/td>6.853.826<\/strong><\/strong><\/td>10.151.995<\/strong><\/strong><\/td><\/td>48,1<\/strong><\/strong><\/td><\/td>100,0<\/strong><\/strong><\/td>100,0<\/strong><\/strong><\/td>81,2<\/strong><\/strong><\/td>79,3<\/strong><\/strong><\/td>81,4<\/strong><\/strong><\/td><\/tr>
1-Genel B\u00fct\u00e7e Gelirleri<\/strong><\/td>6.677.540<\/strong><\/td>9.873.283<\/strong><\/td><\/td>47,9<\/strong><\/td><\/td>97,3<\/strong><\/td>96,9<\/td>80,1<\/td>78,2<\/td> <\/td><\/tr>
 Vergi Gelirleri<\/td>5.777.663<\/td>8.729.521<\/td><\/td>51,1<\/td><\/td>86,0<\/td>89,5<\/td>78,0<\/td>78,4<\/td>81,3<\/td><\/tr>
 Te\u015febb\u00fcs ve M\u00fclkiyet Gelirleri<\/td>112.327<\/td>169.062<\/td><\/td>50,5<\/td><\/td>1,7<\/td>1,7<\/td>81,6<\/td>102,4<\/td> <\/td><\/tr>
 Al\u0131nan Ba\u011f\u0131\u015f ve Yard\u0131mlar ile \u00d6zel Gelirler<\/td>128.827<\/td>97.025<\/td><\/td>-24,7<\/td><\/td>1,0<\/td>-1,0<\/td>301,0<\/td>161,7<\/td> <\/td><\/tr>
  Faizler, Paylar ve Cezalar<\/td>633.152<\/td>833.366<\/td><\/td>31,6<\/td><\/td>8,2<\/td>6,1<\/td>90,2<\/td>69,0<\/td> <\/td><\/tr>
 Sermaye Gelirleri<\/td>15.728<\/td>40.977<\/td><\/td>160,5<\/td><\/td>0,4<\/td>0,8<\/td>47,5<\/td>99,2<\/td> <\/td><\/tr>
 Alacaklardan Tahsilat<\/td>9.843<\/td>3.333<\/td><\/td>-66,1<\/td><\/td>0,0<\/td>-0,2<\/td>103,1<\/td>19,3<\/td> <\/td><\/tr>
2-\u00d6zel B\u00fct\u00e7eli \u0130darelerin \u00d6z  Gelirleri<\/strong><\/td>139.256<\/strong><\/td>222.009<\/strong><\/td><\/td>59,4<\/strong><\/td><\/td>2,2<\/strong><\/td>2,5<\/td>208,1<\/td>213,7<\/td> <\/td><\/tr>
3-D\u00fczen. ve Denet. Kurumlar\u0131n Gelirleri<\/strong><\/td>37.030<\/strong><\/td>56.703<\/strong><\/td><\/td>53,1<\/strong><\/td><\/td>0,6<\/strong><\/td>0,6<\/td>99,1<\/td>84,9<\/td> <\/td><\/tr>
B\u00fct\u00e7e Dengesi<\/strong><\/strong><\/td>-1.260.289<\/strong><\/strong><\/td>-1.440.477<\/strong><\/strong><\/td><\/td>14,3<\/strong><\/strong><\/td><\/td> <\/strong><\/strong><\/td> <\/strong><\/td>47,5<\/td>74,6<\/td>65,2<\/td><\/tr>
Faiz D\u0131\u015f\u0131 Denge<\/strong><\/strong><\/td>-211.385<\/strong><\/strong><\/td>379.312<\/strong><\/strong><\/td><\/td>-279,4<\/strong><\/strong><\/td><\/td> <\/strong><\/strong><\/td> <\/strong><\/td>15,1<\/td>1964,2<\/td>-243,8<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
Vergi gelirleri \/ Toplam Harcamalar<\/strong><\/strong><\/td>71,2<\/strong><\/strong><\/td>75,3<\/strong><\/strong><\/td><\/td>5,8<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
Vergi gelirleri \/ Faiz D\u0131\u015f\u0131 Harcamalar<\/strong><\/strong><\/td>81,8<\/strong><\/strong><\/td>89,3<\/strong><\/strong><\/td><\/td>9,2<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
Cari Giderler<\/strong><\/strong><\/td>7.415.674<\/strong><\/strong><\/td>10.549.916<\/strong><\/strong><\/td><\/td>42,3<\/strong><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
Cari Gelir<\/strong><\/strong><\/td>6.838.098<\/strong><\/strong><\/td>10.111.018<\/strong><\/strong><\/td><\/td>47,9<\/strong><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
Cari Denge<\/strong><\/strong><\/td>-577.576<\/strong><\/strong><\/td>-438.898<\/strong><\/strong><\/td><\/td>-24,0<\/strong><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Kaynak: Hazine ve Maliye Bakanl\u0131\u011f\u0131 ile kendi hesaplamalar\u0131m\u0131z.<\/p>\n","protected":false},"excerpt":{"rendered":"

G\u00f6khan \u00dcnalan 2025 Ekim itibar\u0131yla merkezi y\u00f6netim b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 1,44 trilyon TL olarak ger\u00e7ekle\u015fmi\u015f ve \u00f6nceki y\u0131la g\u00f6re s\u0131n\u0131rl\u0131 bir art\u0131\u015f g\u00f6stermi\u015ftir. A\u00e7\u0131\u011f\u0131n art\u0131\u015f h\u0131z\u0131ndaki yava\u015flamada, gelirlerdeki g\u00fc\u00e7l\u00fc toparlanma ve harcama art\u0131\u015f temposunun d\u00fc\u015fmesi etkili olmu\u015ftur. Buna kar\u015f\u0131n b\u00fct\u00e7e 379 milyar TL faiz d\u0131\u015f\u0131 fazla vermi\u015f, b\u00fct\u00e7e dengesindeki bozulman\u0131n temel kayna\u011f\u0131n\u0131n faiz giderlerindeki y\u00fckseli\u015f oldu\u011fu […]<\/p>\n","protected":false},"author":25,"featured_media":1049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,29],"tags":[],"series":[],"_links":{"self":[{"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/posts\/1028"}],"collection":[{"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1028"}],"version-history":[{"count":1,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/posts\/1028\/revisions"}],"predecessor-version":[{"id":1029,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/posts\/1028\/revisions\/1029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=\/wp\/v2\/media\/1049"}],"wp:attachment":[{"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1028"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.atilim.edu.tr\/manzara-politik\/index.php?rest_route=%2Fwp%2Fv2%2Fseries&post=1028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}