Macro Indicators

7/23/2019

Central Administration’s Gross Debt Stock Realized as TL 1 Trillion 219.8 Billion as of the End of June

TL 610.5 billion of the debt stock consisted of debts in terms of TL and TL 609.3 billion of debts in terms of foreign currencies…

The Ministry of Treasury and Finance has disclosed the Central Administration’s Gross Debt Stock data as of June 30. According to the disclosure, Central Administration’s gross debt stock realized as TL 1 trillion 219 billion 757 million as of the end of June. TL 610.5 billion of this amount consisted of debts in terms of TL and TL 609.3 billion of debts in terms of foreign currencies.

The domestic debt stock of the central administration is recorded as TL 676 billion 158 million. The distribution of the domestic debt stock in terms of debtors has been as follows: banking sector 57.1 percent, non-banking sector 30 percent, the Central Bank 2.1 percent and residents abroad 10.8 percent. Within the banking sector, 25.3 percent of debts are claimed by public banks, 18.3 percent by private banks, 8.8 percent by foreign banks, 1.4 percent by development and investment banks and 3.3 percent by participation banks. Legal entities claim 23.2 percent of debts in the non-banking sector and mutual funds 6.1 percent.

The foreign debt stock realized as US$ 94 billion 273 million (TL 543 billion 599 million). $ 72.7 billion of the foreign debt stock consists of bonds and $ 21.5 billion of credit debts. $ 15.9 billion of credit debts are debts owed to international institutions.

Receivables of the Treasury are recorded as TL 18,406,314,000

Receivables of the Treasury are disclosed as TL 18,406,314,000 as of the end of June. Debts of the Central Administration are recorded as TL 13,179,328,000. Municipalities claimed the highest amount of debts to the Central Administration totaling to TL 11,611,096,000. Kocaeli Metropolitan Municipality ranked the first among debtors with an amount of TL 5.9 billion whereas Adana Metropolitan Municipality followed with a debt amount of TL 1.2 billion.

Total debts of State Owned Enterprises (SOE) to the Treasury amount to TL 3.5 billion

Total debts of State Owned Enterprises (SOE) to the Treasury as of the end of June are recorded as TL 3.483,387,000. TCDD ranks the first among owing SOEs with an amount of TL 2.6 billion whereas TEİAŞ ranks the second with an amount of TL 758 million.

The debts of public banks to the Treasury amount to TL 1.7 billion. The total debt of the Turkish Development Bank is recorded as TL 1 billion 375 million.