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Turkiye’s central government gross debt stock at $214B in January

Treasury and Finance Ministry says end-January figure rose 55% from same period last year

The Turkish central government’s gross debt stock totaled 2.8 trillion Turkish liras (around $214 billion) as of the end of January, according to official figures on Monday.

The Treasury and Finance Ministry said the figure jumped 55% from the same period last year.

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

Some 33% of the debt stock is denominated in Turkiye’s local currency, while the rest is in foreign currency, the ministry data showed.

While 1.35 trillion Turkish liras ($102 billion) of the debt was domestic, some 1.5 trillion liras ($112 billion) was external, it added.

The data also showed that as of Jan. 31,the stock of Treasury receivables totaled 20.8 billion liras ($1.6 billion).

The US dollar/Turkish lira exchange rate was around 13.30 at the end of this January.

Source
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