Turkey’s central government gross debt outstanding hits $211…
(MENAFN) According to official Turkish figures released on Thursday, the gross debt stock of the Turkish central government stood at 2.75 trillion Turkish liras ($211.5 billion) towards the end of last year.
Data from the Department of Treasury and Finance showed the figure jumped 51.6% from the end of last year. The gross stock of debt includes the unsettled debt of public sector bodies, the central bank, private companies, as well as households.
About 33.96% of the outstanding debt is attributed to the local Turkish lira, while the rest is in international currency.
He also mentioned that while 1.32 trillion Turkish liras ($101.5 billion) of the debt was local, about 1.42 trillion Turkish pounds ($109.7 billion) was international.
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