Turkey’s central government gross debt stock at $200B in October

Treasury and Finance Ministry shows end-October figure rose 4.1% from previous month

By Ovunc Kutlu

ANKARA (AA) - Turkish central government's gross debt stock totaled almost 2.27 trillion Turkish liras ($200 billion) at the end of October, official figures showed on Monday.

The Treasury and Finance Ministry's data showed that the figure was up 4.1% from the previous month.

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

While 906.7 billion Turkish liras ($80.6 billion) of the debt was domestic, some 1.36 trillion liras ($0.12 trillion) was external, it added.

The US dollar/Turkish lira exchange rate was 9.6 at the end of October.

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