Turkey's external debt decreases by $9.7 bln

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. Do you have any feedback? Contact our journalist at agency@trend.az