Turkey: Central government gross debt stock at $235.7B in April

The Turkish central government’s gross debt stock amounted to 2 trillion Turkish liras (around $235.7 billion) as of the end of April, official figures showed on Thursday.

The Treasury and Finance Ministry said the reading rose 23.7% from the same period last year.

The gross debt stock includes the outstanding debt of public sector institutions, the Central Bank, private companies, and households.

Some 43% of the debt stock is denominated in Turkey’s local currency, while the rest is in foreign currency.

While 1.1 trillion Turkish liras ($135.4 billion) of the debt was domestic, some 829.4 billion liras ($100 billion) was external, it added.

Data also showed that as of April 30 the stock of Treasury receivables totaled 18.2 billion liras ($2.2 billion).

The US dollar/Turkish lira exchange rate was around 8.27 at the end of this April.

Source: Anadolu Agency