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Turkish central govt debt stock hits $227.4b

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The Turkish central government’s gross debt stock totaled 6.7 trillion liras ($227.4 billion) at the end of 2023, according to official figures released on Monday.

The debt stock surged 67% from the prior year, the Treasury and Finance Ministry data showed.

Some 35.8% of the figure is denominated in liras, while the rest is in foreign currency.

While 3.2 trillion liras ($108.6 billion) of the debt was domestic, some 3.5 trillion liras ($118.9 billion) was external as of the end of last year.

The gross debt stock includes the outstanding debt of public bodies, the Turkish Central Bank, private companies, and households.—AA

 

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