Turkey's foreign debt stock at $421.8B end-June

Figure accounts for 58.3% of Turkey's gross domestic product as of June 30, according to Treasury and Finance Ministry

By Tuba Sahin

ANKARA (AA) – Turkey's gross external debt stock reached $446.4 billion as of end-June, the country’s Treasury and Finance Ministry revealed Thursday.

The June reading was 58.3% of Turkey's gross domestic product (GDP), the ministry said in a statement.

The country's net foreign debt amounted to $242.4 billion as of June 30, some 31.7% of its GDP.

The ministry data showed that Treasury-guaranteed foreign debt stock amounted to $15 billion in the same period.

The EU-defined general government debt stock of the country was some 2.3 trillion Turkish liras ($260.6 billion), or 38.4% of its GDP.

The public net debt stock reached 1.1 trillion Turkish liras ($129.8 billion) at the end of this June.

Kaynak:

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