Economic crises

The gross debt stock of the central government of Turkey was nearly 1.25 trillion Turkish liras ($214.8 billion) as of August 2019, according to official figures on Sept. 20.

Turkey's current account balance posted a $1.2 billion surplus this July, improving from a $2.2 billion deficit in July 2018, the country's Central Bank announced on Sept. 13.       

The Turkish Treasury will repay a debt of 57.7 billion Turkish liras ($9.88 billion) in September-November, the Treasury and Finance Ministry announced on Aug. 29.

Turkey's Central Bank on July 31 cut its year-end inflation forecast for 2019 to 13.9%, down from 14.6% in its previous report.         

The Turkish Treasury's cash balance posted a deficit of 11 billion Turkish liras ($1.9 billion) in June, the Treasury and Finance Ministry announced on July 5.

The Turkish Treasury will repay debt of 51.4 billion Turkish liras ($8.9 billion) in July-September, the Treasury and Finance Ministry announced on June 28.

Turkey's president on June 16 touted the benefits for Turkish exporters in their being exempt from taxes over foreign currency purchases.

The Turkish Treasury borrowed some 5.6 billion Turkish liras ($966 million) from domestic markets, according to an official statement on June 11.

The Turkish Treasury borrowed some 7.4 billion Turkish liras ($1.3 billion) from domestic markets, according to an official statement on June 10.

The Turkish Treasury will repay debt of 50.5 billion Turkish liras ($8.65 billion) in June-August, the Treasury and Finance Ministry announced on May 31.