ANKARA - The Turkish Treasury repaid 13.4 billion USD of debt in January.
The Treasury Undersecretariat released a report in which it said it repaid 20.1 billion Turkish liras (TL) (13.4 billion USD) of domestic and foreign debt in January.
19.3 billion TL (12.8 billion USD) of this total amount was domestic debt repayment and 800 million TL (533 billion USD) of it was foreign debt redemption.
The Treasury is planning to pay back a total of 200.3 billion TL (133.5 billion USD) of debt, including 182.6 billion TL (121.7 billion USD) of domestic debt and 17.7 billion TL (11.8 billion USD) of foreign debt in 2010.
According to central administration domestic debt redemption projection for February-December, the Treasury will repay 20.5 billion TL (13.6 billion USD) of domestic debt in February.
The Treasury is planning to pay back 14.3 billion TL (9.5 billion USD) of domestic debt in March, 17.3 billion TL (11.5 billion USD) in April, 12.9 billion TL (8.6 billion USD) in May, 12.4 billion TL (8.2 billion USD) in June, 12.7 billion TL (8.4 billion USD) in July, 18.9 billion TL (12.6 billion USD) in August, 12.5 billion TL (8.3 billion USD) in September, 7.9 billion TL (5.2 billion USD) in October, 17.2 billion TL (11.4 billion USD) in November and 9.8 billion TL (6.5 billion USD) in December.
Treasury forecasts repaying 28.9 billion TL (19.2 billion USD) of domestic debt in January 2011.
Between February 2009 and January 2010, the Treasury repaid 155.7 billion TL (103.8 billion USD) of domestic debt.
Turkey's debt to the International Monetary Fund (IMF) was 7.8 billion USD as of January 2010. The figure was around 7.9 billion USD at the end of last year.
Turkey has received 46.7 billion USD of loan from the fund since 2001. (BRC-AY)