Turkish central government debt stock at $234B as of end-March

Figure up 44% year-on-year, according to Treasury and Finance Ministry data

By Tuba Ongun

ANKARA (AA) – The Turkish central government’s gross debt stock totaled 4.5 trillion Turkish liras ($234 billion) at the end of March, according to official figures released on Thursday.

The figure jumped 44% from a year earlier, Treasury and Finance Ministry data showed.

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

Some 37% of the debt stock is denominated in Turkish liras, while the rest is in foreign currency.

While 2.2 trillion liras ($116.5 billion) of the debt was domestic, some 2.3 trillion liras ($117.5 billion) of it was external.

As of March 31, the stock of Treasury receivables totaled 20.6 billion liras ($1.1 billion), the data showed.

The US dollar/Turkish lira exchange rate was around 19.1800 at the end of last month.

Kaynak:

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