The country's foreign currency debt grew at an accelerating rate in the last three years while the growth in lira debt slowed over the same period, according to the Ministry of Finance's 'Debt and Debt Markets' report for the fourth quarter of 2018.
Outstanding foreign currency debt increased at four percent, eight percent, and ten percent in 2016, 2017, and 2018 respectively. It reached $33.5 billion at the end of 2018.
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