September 20, 2018 / 10:14 AM / 3 months ago

Turkey's interest payments seen at $12.2 bln this year -presentation

ANKARA, Sept 20 (Reuters) - Turkey sees interest payments at 76.4 billion lira ($12.2 billion) in 2018 and 117.3 billion lira in 2019, according to government document distributed after the finance minister’s presentation on Thursday.

Finance Minister Berat Albayrak’s presentation also showed Turkey’s interest expenses-to-GDP ratio at 2 percent in 2018 and 2.6 percent in 2019.

Albayrak announced the new economic plan at an event in Istanbul earlier on Thursday. ($1 = 6.2592 liras) (Reporting by Can Sezer, Ebru Tuncay and Ezgi Erkoyun; Writing by Tuvan Gumrukcu; Editing by David Dolan)

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