Türkiye has formally started preparing its central government budget and public investment programme for the 2027-2029 period. The Presidency of Strategy and Budget published the “2027-2029 Budget Call and Budget Preparation Guide” and the “2027-2029 Public Investment Circular and Public Investment Programme Preparation Guide” on September 12, 2026. The documents were also published in the Official Gazette on the same date.
What the documents cover
The budget call sets the timetable, classifications and technical standards that public institutions must use when preparing appropriation proposals for the next three years. The public investment circular establishes the framework for proposing, prioritising and assessing investment projects. Its annexes include the preparation guide and tables related to investment ceilings.
The two documents address different parts of one planning process. The budget guide focuses on revenue and expenditure planning for public services, while the investment guide concerns projects in areas such as transport, education, health, energy and digital infrastructure. Requiring institutions to use common rules is intended to make their submissions comparable during central review.
Why the three-year horizon matters
The fact that preparation covers 2027 through 2029, rather than only the next fiscal year, reflects a medium-term budgeting approach. A multi-year framework allows the cost, schedule and financing needs of public projects that cannot be completed within a single year to be considered together. Publication of the guides, however, does not mean that every project or appropriation has already been approved.
Public bodies will first prepare their own budget and investment proposals. Those submissions will then go through technical review, negotiations and prioritisation by the relevant central authorities. The final central government budget bill must also be submitted to the Grand National Assembly of Türkiye. The current development therefore marks the start of formal preparation, not completion of final spending decisions.
A common framework for investment proposals
The public investment guide places ongoing projects and new proposals within a shared assessment structure. Information including total cost, completion level, annual funding requirement and expected contribution to public services can be presented in standard formats. This gives reviewers a more consistent basis for comparing proposals from different institutions and sectors.
Investment ceilings indicate the planning limits that institutions should observe when submitting proposals. They do not, by themselves, constitute final spending authorisation for each project. Inclusion in the programme, the amount of any appropriation and the implementation timetable will become clear only after evaluation, fiscal balancing and final decisions.
What the sources confirm
The Presidency of Strategy and Budget published separate notices for the budget and investment documents. Bloomberg HT, TRT Haber, DHA and IHA also reported the September 12 development, noting that the circulars and guides appeared in the Official Gazette. Their reports consistently described the documents as the framework under which public institutions will prepare three-year submissions.
Publication begins a technical work period for government bodies. Their departments will calculate the cost of existing services, remaining financing needs for ongoing projects and the rationale for new proposals. That information will later feed into central budget and investment assessments. Consistent reporting of project cost, progress and objectives will be important during this stage.
What happens next?
The next stages are expected to include preparation of institutional proposals, technical assessments and budget negotiations. Final appropriations and project lists will become clear only after administrative review and the legislative process have been completed. Until specific allocations are approved, planning ceilings and preliminary figures should not be treated as final spending commitments.
The documents published on September 12 form one of the official starting points of the 2027 budget cycle. Their practical effect will become clearer when institutional submissions are consolidated and the budget bill is presented to parliament. For now, the confirmed development is that the rules, formats and timetable for the new three-year planning period have formally been issued.
