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31.4 percent jump in Turkey's gross debt stock
(MENAFN) Late last month, about USD203 billion were registered by the Turkish government in its gross debt stock.
This amount, as the Turkish Treasury and Finance Ministry revealed, marks a 31.4 percent surge compared to figures witnessed during the same month in 2018.
Gross debt stock covers the outstanding debt of public institutions, the Central Bank, private firms and households.
Out of the total debt stock, denominated Turkish lira accounted for 49.2 percent while the remaining is foreign currency.
This amount, as the Turkish Treasury and Finance Ministry revealed, marks a 31.4 percent surge compared to figures witnessed during the same month in 2018.
Gross debt stock covers the outstanding debt of public institutions, the Central Bank, private firms and households.
Out of the total debt stock, denominated Turkish lira accounted for 49.2 percent while the remaining is foreign currency.
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