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FinancialNews


  • 21-04-20

    Gross debt stock of Turkey's central government reaches around USD223 billion

    (MENAFN) Official figures showed that, the gross debt stock of Turkey's central government reached around USD223 billion at the end of March.

    As said by the Treasury and Finance Ministry, the figure was 25.8 percent higher than the same month in 2019.

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

    The ministry added that, over half of the debt stock, USD119 billion, is denominated in foreign currency.

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