Central government’s gross debt stock at TRY 2.95tr

The central government’s gross debt stock totaled TRY 2.95tr (about USD 209bn) as of the end of February, according to the Ministry of Treasury and Finance.

The figure soared 58.5% from the same period last year.

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

Some 33.4% of the debt stock is denominated in Turkey’s local currency, while the rest is in foreign currency.

While TRY 1.4tr of the debt was domestic, some TRY 1.55tr was external.

The data also showed that as of February 28, the stock of Treasury receivables totaled TRY 21bn.

Leave a Reply

Your email address will not be published.