NEWS Finance        22/12/2020

Turkey’s central administration gross debt stock is USD 240.3 billion in November 2020

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,872.1 billion (USD 232.8 billion) as of November 30th, 2020, a decrease of 3.2% 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 7.79 at the end of November and TL 8.31 at the end of October.

 

Of the total gross debt stock, TL 792.8 billion (USD 101.8 billion), or 42.3%, was denominated in Turkish liras while TL 1,079.3 billion (USD 138.5 billion), or 57.7%, was in foreign currency. 

 



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