NEWS Finance        20/01/2021

Turkey’s central administration gross debt stock is USD 243.9 billion in December 2020

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,812.1 billion (USD 243.9 billion) as of December 31st, 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 7.43 at the end of December and TL 7.79 at the end of November.

 

Of the total gross debt stock, TL 794.4 billion (USD 106.9 billion), or 43.8%, was denominated in Turkish liras while TL 1,017.7 billion (USD 137 billion), or 56.2%, was in foreign currency. 



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