Turkey: Foreign debt stock stands at $446.9B end-June


Turkey’s gross external debt stock totaled $446.9 billion at the end of June, the Treasury and Finance Ministry announced Monday. 

The figure constituted 61.9% of the country’s gross domestic product (GDP), the ministry said in a statement.

Turkey’s net foreign debt amounted to $268.3 billion as of June 30, accounting for 37.2% of its GDP.

“Treasury guaranteed external debt stock has been $14.7 billion as of 30 June,” according to the ministry.

The data showed that EU-defined general government debt stock was nearly at 1.3 trillion Turkish liras ($225 billion), or 32.2% of GDP at the end of the month.

The public net debt stock reached 591.4 billion Turkish liras ($104 billion) during the same period.

The ministry also revealed that the general government’s budget posted a deficit of 87.8 billion Turkish liras ($15.5 billion) in the first half of 2019.
Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.


Please enter your comment!
Please enter your name here