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REDUCTION IN ENERGY IMPORT

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The share of energy imports within current deficit is decreasing.

One of the major reasons of Turkey’s current deficit, energy import has decreased by 9.9% within the first 5 months of this year. The disbursement paid out for import of energy products such as oil, gas was $20 billion same period last year. As a result of this decrease, it fell below $18 billion. Thus, energy products’ share of 26.4% within total import decreased to 22.1% same period this year.