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Turkey's foreign debt ups in March

Business Materials 18 May 2012 17:41 (UTC +04:00)

Azerbaijan, Baku, May 18 / Trend, A.Taghiyeva /

Turkey's foreign debt amounted to $90.2 billion in March 2012 compared to $89.1 billion in February, Central Bank of Turkey reported on its website on Friday.

Turkey's foreign borrowings, borrowed from banks amounted to $57.5 billion. Some $8.4 billion of this debt was borrowed in foreign currency, $15.9 billion - in lira.

Debt to the private sector grew by 0.4 percent and amounted to $29.9 billion in March.

Debt for imports in March fell by 5 percent and amounted to $16.3 billion.

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