Turkey’s central government gross debt stock reaches USD211....| MENAFN.COM

Monday, 23 May 2022 07:42 GMT

Turkey’s central government gross debt stock reaches USD211.5B


(MENAFN) According to Turkish official figures released on Thursday, the Turkish central government's gross debt stock stood at 2.75 trillion Turkish liras (USD211.5 billion) towards the end of last year.

The Treasury and Finance Ministry's data demonstrated that the figure jumped by 51.6 percent in comparison to the end of last year. The gross debt stock involves the unsettled debt of public sector organizations, the central bank, private firms, as well as households.

About 33.96 percent of the debt stock is attributed to the Turkish local lira, whereas the remainder is in international currency.

It also mentioned, while 1.32 trillion Turkish liras (USD101.5 billion) of the debt was local, about 1.42 trillion liras (USD109.7 billion) was international.

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