Türkiye’s proposed 2027 budget allocates TRY 3.975 trillion to interest payments, compared with TRY 2.849 trillion to investment. By our calculation, financing costs exceed investment allocations by approximately 39.5%.
Public and corporate budgets are not directly comparable, but both raise the same question: Are we investing in future growth or carrying the cost of past obligations?
Consider a company planning TRY 10 million in growth investments while facing TRY 14 million in financing expenses. The question is no longer just about investment returns, but whether those returns justify the cost of capital.
At Sellf, we believe growth is not about increasing revenue. It is about generating returns that exceed the cost of capital.
In your 2027 budget, how do financing costs compare with investments in growth?