Turkish central government debt stock totals $272B in February

Treasury and Finance Ministry data shows February figure rose 36.9% on annual basis

By Mucahithan Avcioglu

ISTANBUL (AA) - The Turkish central government's gross debt stock amounted to 9.9 trillion Turkish liras ($272.2 billion) at the end of February, official figures showed on Thursday.

The Treasury and Finance Ministry's data showed that the figure was up by 36.9% versus the end of February last year.

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

Some 45% of the debt stock is denominated in Türkiye’s local currency, while the rest is in foreign currency.

While 4.48 trillion Turkish liras ($123 billion) of the debt was domestic, some 5.42 trillion liras ($148.9 billion) was external, it added.

The US dollar/Turkish lira exchange rate was around 36.40 at the end of February.

Kaynak:

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