Short-term external debt at USD 140.8bn

The country’s short-term external debt stock amounted to USD 140.8bn in March, according to the Central Bank.

At end-March, debt that must be paid in the next 12 months was up 1.7% compare to the end of last year, data showed.

Banks’ short-term external debt stock fell 0.3% to USD 57.8bn and other sectors’ short-term external debt stock rose 2% to USD 60.3bn during the same period.

The rest of the amount — some USD 22.7bn — belonged to the Central Bank.

“Short-term foreign exchange loans of the banks received from abroad decreased by 6.7% to USD 8.3bn,” it said.

Some 45.6% of the debt stock was in USD, 27.3% in EUR, 12.4% in TRY, and 14.7% in other currencies.

From the borrowers’ side, the short-term debt of the public sector, which consists of state lenders, increased 5.1% to USD 27bn, while the private sector saw USD 91.1bn of debt, a slight decrease of 0.3%, during the same period.​​​​​​​

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