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Turkey’s short-term external debt increases by 23 percent

Business Materials 21 February 2013 18:04 (UTC +04:00)
The short-term external debt of Turkey in December 2012 increased by 23 percent compared to the same month in 2011, and amounted to $101 billion, the Central Bank of Turkey said in a report published on its website on Thursday.

Azerbaijan, Baku, Feb.21/ Trend, A. Taghiyeva /

The short-term external debt of Turkey in December 2012 increased by 23 percent compared to the same month in 2011, and amounted to $101 billion, the Central Bank of Turkey said in a report published on its website on Thursday.

Compared to the previous month, Turkey's external debt increased by 3.2 percent in December of 2012.

Turkey's external borrowings from banks increased by 30.7 percent compared to the same month in 2011, amounting to $68.3 billion.

Debt to the private sector during year rose by 10.7 percent and amounted to $31.6 billion.

Duties on imports in December increased 9.7 percent and amounted to $22.1 billion.

Some 49.3 percent of the total debt was attracted in dollars, 32.5 percent - in Euros, 15.9 percent - in Turkish Lira, 2.3 percent - in other foreign currencies.

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