Turkey's gross debt stock stands at $231B in June

Treasury reports central government debt stock rose 0.6 percent in June, compared with previous month

By Muhammed Ali Gurtas

ANKARA (AA) – The Turkish government’s gross debt stock stood at 811.8 billion Turkish liras (approximately $231 billion) at the end of June, the Treasury said Thursday.

The gross debt stock -- the outstanding debt of public sector institutions, the Central Bank, private companies and households -- increased by nearly 16 percent year-on-year in June.

Most of the debt -- 495.3 billion Turkish liras ($141 billion) -- was in local currency while 316.4 billion liras ($90 billion) of debt were denominated in foreign currency.

In June, the central government debt stock rose 0.6 percent from 806.4 billion Turkish liras (some $226 billion) from the end of May this year.

Kaynak:

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