The draft, passed late on Tuesday, envisages a consolidated budget primary surplus target of 5 percent of gross national product (GNP) in 2006, as in the last three years.
GNP is projected to rise to 539.87 billion lira ($381 billion, according to the government conversion) in 2006 from 485.058 lira ($358 billion, according to the government) this year on current prices.
Total budgetary spending will rise to 157.3 billion lira from 145.5 billion and revenues to 144.1 billion lira from 130.9 billion.
The primary surplus excludes interest payments on Turkey's large debt stock. The closely watched overall public sector primary surplus target for 2006 is 6.5 percent of GNP.
The budget deficit is projected to stand at 2.4 percent of GNP in 2006, down from 3 percent forecast this year. The deficit is envisaged at 13.2 billion for 2006, down from 14.6 billion targeted in 2005.
But Finance Minister Kemal Unakitan told Reuters last week he expected this year's deficit to be just 12 billion lira because falling interest rates cut debt interest payments.
The IMF, Turkey's top lender, earlier praised the 2006 draft budget as a strong plan.
Turkey is shifting to a three-year budgeting method, another step towards entrenching the financial stability that has helped bring chronic high inflation down to single digits and spurred a strong economic rebound from financial crisis in 2001.