Turkish foreign debt increases by almost 20 percent
Azerbaijan, Baku, Nov.22 / Trend A.Taghiyeva /
The short-term foreign debt in Turkey from January to September 2012 has increased by 19.4 percent compared to the same period of 2011 to $99.4 billion, the Central Bank of Turkey said in its report posted on its website on Thursday.
The debt increased by 2.6 percent in September 2012 compared to the previous month.
The Turkish foreign borrowings from banks increased by 22.9 percent compared to the same month in 2011 and amounted to $64.6 billion.
The debt to the private sector increased by 14.4 percent for the year in September and amounted to $33.7 billion.
The debt for imports in September increased by 11.7 percent and amounted to $22.5 billion.