NEWS Finance        22/06/2020

Turkey’s central administration gross debt stock is USD 239.9 billion in May 2020

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,633.4 billion (USD 239.9 billion) as of May 31st, 2020, an increase of 3.6% compared to the previous month in Turkish lira value.

 

This debt stock represents the outstanding debt of public sector institutions and the Central Bank. The US dollar/Turkish lira exchange rate was TL 6.81 at the end of May 2020 and TL 6.98 at the end of April 2020.

 

Of the total gross debt stock, TL 808.2 billion (USD 118.7 billion), or 49.5%, was denominated in Turkish liras while TL 825.2 billion (USD 121.2 billion), or 50.5%, was in foreign currency. 



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