In this study, the long-term relationship between budget deficits and inflation in the Turkish economy is analyzed by monthly data covering the period 2006:01-2018:10. Econometric methods used in the study; Expanded Dickey Fuller, Phillips-Perron an Ng-Perron unit root tests and a bonds testing approach. The main findings of the study; in the long term inflation between dolar exchange rate and M3 money supply statistically significant positive direction; a negative direction with the budget balance is to deternine relationship. In other words, although an increase in budget deficits, inflation has been on an upward trend; may tend to decrease with an increase in the budget surplus.

This article was checked by iThenticate. * Bu çalışma 2019 yılında Erman Eroğlu tarafından yazılan "Mali Alan: Gelişmekte Olan Ülkelerde Mali Sürdürülebilirlik Üzerine Bir Değerlendirme" başlıklı yüksek lisans tez çalışmasından türetilmiştir.