The Turkish central government’s gross debt stock totaled some 1.2 trillion Turkish liras (nearly $220 billion) at the end of September, the Treasury and Finance Ministry announced on Monday.
{"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-4…","video_id":"4e8dbd33-5fd5-480c-9ed1-b944b8f49d76","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 World’s Workplaces 2019"}
The gross debt stock includes the outstanding debt of public sector institutions, the Central Bank, private companies, and households.
More than half of the debt stock is in local currency -- some 632.4 billion Turkish liras (nearly $112 billion) -- while the rest is denominated in foreign currencies.
Meanwhile, the stock of Treasury receivables stood at 18.2 billion Turkish liras ($3.2 billion) as of Sept. 30.
Local governments with a stock of 11.5 billion Turkish liras ($2 billion) held the largest share of Treasury receivables, it reported.
The total amount of receivables collected by the Treasury stood at 1 billion Turkish liras (around $177 million) by the end of September.
The U.S. dollar/Turkish lira rate was around 5.64 as of the end of September.