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FMCG Turk
September 16, 2020
Turkey: Private sector's external debt down in July
Outstanding short-term foreign loans stand at $8.5B, while long-term loans at $162.2B, says Central Bank

The Turkish private sector’s outstanding foreign loans shrank in July compared to end-2019, the Turkish Central Bank announced Wednesday.

The short-term loans – excluding trade credits – of the sector received from abroad were at $8.5 billion as of July 2020, down $199 million from the end of December 2019.

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