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Minister Elvan Made Statement Regarding Domestic Debt

Minister Elvan made a statement regarding the domestic debt. Elvan stated that they plan to reduce the share of foreign currency debt next year.

Minister Elvan Made Statement Regarding Domestic Debt
Yazar: Elif Dinçer

Yayınlanma: 10 Aralık 2020 08:12

Güncellenme: 7 Kasım 2024 12:46

Minister Elvan Made Statement Regarding Domestic Debt Minister Elvan made a statement regarding the domestic debt. Treasury and Finance Minister Lütfi Elvan said, "Next year, we expect to reduce the share of domestic debt in foreign currency and realize a domestic debt rollover ratio of 120 percent." Treasury and Finance Minister Lütfi Elvan made statements regarding internal debt in foreign currency. Elvan said, "Next year, we expect to reduce the share of domestic debt in foreign currency and realize a domestic debt rollover ratio of 120 percent." In the continuation of Elvan's statement, he said, "Our banking sector has no foreign exchange position as of now. It is 3.3 billion dollars higher. We aim to increase employment and increase the welfare level of our citizens with a sustainable and quality growth in the coming period." Elvan also said, "We will continue the fight against inflation with determination by maintaining macroeconomic stability, ensure the continuity of economic activity despite the uncertainties brought by the epidemic on a global scale, strengthen the investment environment, and accelerate our new reforms in a transparent, predictable and accountable structure."
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