• İstanbul 27 °C
  • Ankara 27 °C

Turkey: Central government gross debt stock hits $232B

Turkey: Central government gross debt stock hits $232B
Treasury and Finance Ministry says end-October figure up 53.4% from same period last year

By Tuba Sahin

ANKARA (AA) – The gross debt stock of Turkey's central government amounted to 1.9 trillion Turkish liras (around $232 billion) as of Oct. 31 this year.

The October figure soared 53.4% compared to the corresponding period last year, the Treasury and Finance Ministry data showed on Friday.

The gross debt stock includes the outstanding debt of public sector institutions, the Central Bank, private companies, and households.

Some 41.7% of the debt stock is denominated in local currency, while the rest is in foreign currency, the ministry said.

While 1.1 trillion Turkish liras ($132.9 billion) of the debt was domestic, some 826.3 billion liras ($99.1 billion) was external, it added.

Data also showed that the stock of Treasury receivables reached to 19.2 billion liras ($2.3 billion) at the end of last month.

The US dollar/Turkish lira exchange rate was around 8.34 at the end of this October.

source: News Feed
This news is a total 108 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim