The Turkish central government’s gross debt stock amounted to 2 trillion Turkish liras ($233.48 billion) as of the end of May, official figures showed on June 21.
The Treasury and Finance Ministry’s data showed that the figure was up by 22.5% on a yearly basis.
The gross debt stock includes the outstanding debt of public sector institutions, the Central Bank, private companies, and households.
Some 42.15% of the debt stock is denominated in Turkey’s local currency, while the rest is in foreign currency.
While 1.13 trillion Turkish liras ($132 billion) of the debt was domestic, some 868.13 billion liras ($101.3 billion) was external, it added.
Data also showed that as of May 31, the stock of Treasury receivables totaled 18.3 billion liras ($2.13 billion).
The US dollar/Turkish lira exchange rate was around 8.57 at the end of May.
Hurriyet Daily News
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