Turkey’s central government gross debt stock declined by 0.5% m/m, however, rose by 10.1% y/y to TRY 595.3bn (EUR 206bn) at the end of April from TRY 598.3bn at the end of March and TRY 541bn at end-April 2013, the Treasury said on Tuesday.
TRY-denominated domestic debt stock increased to TRY 409.4bn at end-April from TRY 409bn at end-March while external debt stock declined to TRY 185.9bn from TRY 189.3bn.
The central government gross debt stock stood at TRY 585.7bn at the end of 2013.
Turkish President Recep Tayyip Erdogan received a warm welcome from his Polish peer Andrzej Duda on October 17, as Warsaw said it supported Ankara’s formally ongoing bid to become a member of the ... more
Poland will skip no touchy topics in talks with President Recep Tayyip Erdogan, visiting Warsaw on October 17, the office of President Andrzej Duda said ahead of the visit by the Turkish leader, ... more
Turkey's President Recep Tayyip Erdogan said on October 13 that he plans to hold talks with both public and private lenders on how to lower interest rates. He did not say, however, when those ... more