Central government gross debt stock at $211B
Turkey’s central government gross debt stock stood at nearly TRY 1.22 trillion ($211 billion) as of June this year, the Treasury and Finance Ministry announced July 22. The gross debt stock comprises the outstanding debt of public sector institutions, the Central Bank, private companies and households. Treasury figures revealed that 49.95 percent of the debt stock is denominated in foreign currency while the rest is in local currency. Meanwhile, the stock of Treasury receivables amounted to TRY
18.6 billion ($3.22 billion) as of June 30. As of the end of 2018, the Turkish government’s gross debt stock amounted to TRY 1.07 trillion ($202.5 billion).