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CHP's Kış: The Treasury Is in a Debt and Interest Spiral; for Every 100 Lira of Domestic Debt, 103 Lira Will Be Paid in Interest.
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CHP Mersin MP Gülcan Kış stated that the Treasury's domestic and foreign debt stock increased by 1 trillion 801 billion lira in the first seven months of the year, reaching 15 trillion 463 billion lira, and that the interest burden on domestic debt exceeded the principal, saying, "This is not fiscal discipline, but mortgaging the future to interest." Kış emphasized the need for transparency in debt management and abandonment of high-interest bor…
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