Turkish Central Government Gross Debt Stock Over $220 Billion

Published October 22nd, 2019 - 08:00 GMT
The total amount of receivables collected by the Treasury stood at 1 billion Turkish liras
The total amount of receivables collected by the Treasury stood at 1 billion Turkish liras. (Shutterstock)
Highlights
Stock of Treasury receivables stands at $3.2B as of Sept. 30

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.

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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.


© Copyright Andolu Ajansi

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