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Türkiye's net foreign debt stock at $267.7B as of Q2

Anadolu Agency ECONOMY
Published September 29,2023
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(AA Photo)

Türkiye's foreign net debt stock was at $267.7 billion as of the second quarter of this year, the country's Treasury and Finance Ministry announced on Friday.

The debt stock rose 10.9% in the second quarter on a yearly basis, according to the ministry's data.

Down from 27.9% in the same quarter last year, the net foreign debt stock's ratio to the country's gross domestic product was at 26.2%.

The Central Bank's net foreign debt stock was at $46.23 billion, while those of lenders was at $136.5 billion.

The gross debt stock was also at $475.7 billion, up 7% over the same period.