Cen­tral gov­ern­ment gross debt stock at $211B

Dünya Executive - - OVERVIEW -

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).

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