Tag #Coşkun Cangöz

How does the composition of Turkey's public debt, particularly the high proportion of foreign currency-denominated debt, contribute to the overall risk assessment?

The primary risks stem from high foreign currency-denominated debt, the potential for increased interest payments with variable-rate debt, and the rising burden of repayments on high-interest debt already incurred. Cangöz highlights the crucial role of the government's economic program and inflation trajectory in managing these risks, emphasizing that the current manageable state relies on decreasing inflation and exchange rate stability.