Turkish central government gross debt stock as of end-January at $222B

Figure up over 47.2% from same period last year, according to Treasury and Finance Ministry data

By Gokhan Ergocun

ISTANBUL (AA) - The Turkish central government's gross debt stock totaled 4.18 trillion Turkish liras ($222 billion) as of the end of January, according to official figures released on Monday.

Data from the Treasury and Finance Ministry showed that the figure soared 47.2% last month from January 2022.

It includes the outstanding debt of public bodies, the Turkish Central Bank, private companies, and households.

Some 34.7% of the debt stock is denominated in Türkiye's local currency, while the rest is in foreign currency.

While 1.98 trillion Turkish liras ($105.1 billion) of the debt was domestic, some 2.2 trillion liras ($116.9 billion) of it was external.

The data also showed that as of Jan. 31, the stock of Treasury receivables totaled 20.74 billion Turkish liras ($1.1 billion).

The US dollar/Turkish lira exchange rate was around 18.82 at the end of the last month.

Kaynak:

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