Turkey’s short-term external debt stock at $140.8 bln

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Turkey‘s short-term external debt stock amounted to $140.8 billion in March, according to the country’s central bank on May 18.

At end-March, debt that must be paid in the next 12 months was up 1.7% compared to the end of last year, data showed.

Banks’ short-term external debt stock fell 0.3% to $57.8 billion and other sectors’ short-term external debt stock rose 2% to $60.3 billion during the same period.

The rest of the amount – some $22.7 billion – belonged to the central bank.

“Short-term FX loans of the banks received from abroad decreased by 6.7% to $8.3 billion,” it said.

Some 45.6% of the debt stock was in US dollars, 27.3% in euros, 12.4% in Turkish liras, and 14.7% in other currencies.

From the borrowers’ side, the short-term debt of the public sector, which consists of state lenders, increased 5.1% to $27 billion, while the private sector saw $91.1 billion of debt, a slight decrease of 0.3%, during the same period.​​​​​​​

Hurriyet Daily News

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