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Turkey's external debt decreases by $9.7 bln

Business Materials 22 September 2012 09:50 (UTC +04:00)

Azerbaijan, Baku, Sept.22 / Trend, A.Taghiyeva /

In January-August 2012, Turkey paid foreign debt in the amount of $9.7 billion, excluding debt of the private sector, a report of the Central Bank of Turkey, published on its official website on Friday says.

Some $7.1 billion of the total amount of debt was paid off from the state treasury, $654 million - from the budgets of administrations and $329.7 million - at the expense of the Central Bank of Turkey.

During the reporting period, $1.6 billion were paid off on loans of the International Monetary Fund.

In 2011, Turkey sent $12.8 billion to repay foreign debt, excluding the private sector. Some $8.2 billion was paid at the expense of the state treasury.

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