By Tuba Ongun
The Turkish private sector’s external debt climbed to $171.1 billion as of June, marking an increase of $7 billion from the end of 2023, according to official data released on Friday.
Short-term loans, excluding trade credits, rose to $12.3 billion, an increase of $3.2 billion from the previous year. Long-term loans also saw a rise, reaching $158.3 billion—up by $3.8 billion.
As of June, the private sector faces principal repayments totaling $52.3 billion over the next 12 months based on remaining maturity.