Sultan Abdülaziz Döneminde Yaşanan Mali Bunalım ve Uygulanan Mali Reformlar (1861-1876)

Abstract

This study aims to investigate budgets of 1861-1876 financial crisis period by using today's financial analysis techniques. To make better understood the period, first general conditions of Ottoman Empire after the Tanzimat period is mentioned then economic and financial reforms and period s modern budget process was analyzed.Especially during the Crimean War, after emerging monetary contraction, the Ottoman Government's public spending was financed by foreign debts and this method was used continously and as a result financial crisis had become inevitable.In order to solve or at least delay the financal crisis, financial breuchracy proposed to prepare and implement modern budget and prepared legislation and then proposed budgets entered into force in this direction. As a result, the period s budget objective was to meet only mandatory public spending and debt but unfortunatelly could not fulfill the function of fiscal policy.