Turkish central government debt stock totals $232B in March

Treasury and Finance Ministry data shows end-March figure rose 67% on annual basis

By Gokhan Ergocun

ISTANBUL (AA) - The Turkish central government's gross debt stock amounted to 7.5 trillion Turkish liras ($232 billion) at the end of March, official figures showed on Monday.

The Treasury and Finance Ministry's data showed that the figure was up by 67% versus the end of March last year.

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

Some 36% of the debt stock is denominated in Türkiye’s local currency, while the rest is in foreign currency.

While 3.57 trillion Turkish liras ($110.5 billion) of the debt was domestic, some 3.93 billion liras ($121.5 billion) of it was external, it added.

The US dollar/Turkish lira exchange rate was around 32.32 at the end of March.

Kaynak:

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