Turkish central government debt stock in September at $311.7B

Treasury and Finance Ministry data shows September figure rose 50% on annual basis

By Mucahithan Avcioglu

ISTANBUL (AA) - The Turkish central government's gross debt stock totaled 12.96 trillion Turkish liras ($311.7 billion) at the end of September, official figures showed on Monday.

Treasury and Finance Ministry data showed that the figure was up by 50% versus the end of last September.

The gross debt stock includes the outstanding debt of public sector institutions, the Central Bank, private companies, and households.

Some 46.8% of the debt stock was denominated in Türkiye’s local currency, the lira, while the rest was in foreign currency.

While 7.59 trillion Turkish liras ($182.5 billion) of the debt was domestic, some 5.37 trillion liras ($129.1 billion) was external, it added.

The US dollar/Turkish lira exchange rate was around 41.58 at the end of September.

Kaynak:

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