Türkiye’s Treasury borrowed a total of TRY 1.63 trillion in the first quarter of the year, nearly doubling from a year earlier, as high debt repayments and rising interest costs offset a relatively improved budget deficit. The figures highlight mounting pressure on public finances despite slower growth in the cash deficit. Cash Deficit Remains Elevated … Continue reading Türkiye’s Treasury Borrowing Surges to TRY 1.6 Trillion in First Quarter