Türkiye's central government gross debt stock at $205B in June

Treasury and Finance Ministry data shows figure down 10% from year ago

By Tuba Sahin

ANKARA (AA) - The Turkish central government’s gross debt stock totaled 3.4 trillion Turkish liras (some $205.5 billion) at the end of June, according to official figures released on Wednesday.

The Treasury and Finance Ministry’s data showed the figure fell 10% in Turkish liras compared to the same period last year.

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

Some 33% of the debt stock is denominated in Turkish liras, while the rest is in foreign currency.

While 1.6 trillion liras ($96.5 billion) of the debt was domestic, some 1.8 trillion liras ($109 billion) was external, it added.

As of June 30, the stock of Treasury receivables totaled 21.4 billion liras ($1.3 billion), the data showed.

The US dollar/Turkish lira exchange rate was around 16.7 at the end of June.

Kaynak:

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