Turkish central government debt at 220$B as of end-August

Figure jumped 61% from August 2022, according to Treasury and Finance Ministry data

By Tuba Ongun

ANKARA (AA) – The Turkish central government’s gross debt stock reached 5.88 trillion Turkish liras ($220.1 billion) at the end of August, according to official figures released on Wednesday.

The debt stock surged 61% from the same period last year, Treasury and Finance Ministry data showed.

It includes the outstanding debt of public bodies, the Turkish Central Bank, private companies, and households.

Some 35% of the debt stock is denominated in Turkish liras, while the rest is in foreign currency.

While 2.76 trillion liras ($103.3 billion) of the debt was domestic, some 2.12 trillion liras ($116.9 billion) of it was external.

As of Aug. 31, the stock of Treasury receivables totaled 25.2 billion liras ($943.8 million), the data showed.

The lira was around 26.7098 per dollar at the end of last month.

Kaynak:

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