Turkey has made progress in reducing debt levels in recent years through fiscal discipline and debt management. The EU-defined debt stock has declined and is below EU averages, while the net public debt stock and debt service expenditures have also decreased as a percentage of GDP. Turkey has also improved the maturity and foreign exchange composition of its debt stock. The document provides detailed data on Turkey's debt indicators including levels of government debt, net debt levels, currency and interest rate composition, and sensitivity of debt levels to economic factors.
After yesterday’s carnage, Indian equity indices started on a flat note today and crossed the previous closing mark several times before ending flat with negative bias. Telecom and Realty sector stocks were among the gainers in otherwise choppy and bearish session.
Monthly statistical e-bulletin comprising about 30 tables and some charts with the latest available economic/financial market indicators, both Indian and Global.
Monthly statistical e-bulletin comprising about 30 tables and some charts with the latest available economic/financial market indicators, both Indian and Global.
After yesterday’s carnage, Indian equity indices started on a flat note today and crossed the previous closing mark several times before ending flat with negative bias. Telecom and Realty sector stocks were among the gainers in otherwise choppy and bearish session.
Monthly statistical e-bulletin comprising about 30 tables and some charts with the latest available economic/financial market indicators, both Indian and Global.
Monthly statistical e-bulletin comprising about 30 tables and some charts with the latest available economic/financial market indicators, both Indian and Global.
Bsc vietnam outlook 2020 2021 (english) colour of the year (final sars-Cov2 r...Long Tran
a quick overview of Vietnam Stock market and economy in 2020 2021 from BIDV securities Company (BSC).
Top 3 Research house in Vietnam (AsiaMoney Broker Poll 2019)
This presentation provides an overview of Greek international trade. Included are Greece's top trading partners in goods and services as, well as highlighting the current trade with the Balkans region.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/excel-model-for-valuation-of-natural-gas-firm-1138
DESCRIPTION
This is an valuation model of Petronet LNG. This model covers the different valuation types to arrive at the fair value of a stock.
Today the markets are likely open on positive note. All emerging markets are trading in green. The coming session is likely to witness a range of 8150 on declines and 8280 on advances.
Bsc vietnam outlook 2020 2021 (english) colour of the year (final sars-Cov2 r...Long Tran
a quick overview of Vietnam Stock market and economy in 2020 2021 from BIDV securities Company (BSC).
Top 3 Research house in Vietnam (AsiaMoney Broker Poll 2019)
This presentation provides an overview of Greek international trade. Included are Greece's top trading partners in goods and services as, well as highlighting the current trade with the Balkans region.
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/excel-model-for-valuation-of-natural-gas-firm-1138
DESCRIPTION
This is an valuation model of Petronet LNG. This model covers the different valuation types to arrive at the fair value of a stock.
Today the markets are likely open on positive note. All emerging markets are trading in green. The coming session is likely to witness a range of 8150 on declines and 8280 on advances.
BCN Turkey is a leading international business development and marketing consulting firm that specializes in foreign investment consulting, media and public relation services in Turkey.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
3. 333
With the fiscal disipline and efficient debt management implemented
in recent years in Turkey;
EU defined debt stock declined under EU-28 averages,
Net public debt stock has been reduced as percentage of
GDP,
Ratio of interest expentidures to tax income has been
decreased sharply,
Significant progress has been achieved in terms of maturity
and foreign exchange composition of debt stock.
Current Situation in Debt Management
6. 666
EU Defined General Government Debt Stock
(*) Composed of nominal adjustment of zero coupon securities and valuation of inflation indexed bonds, the stock of circulating coins issued by Treasury,
securities held by central government institutions
(**) Composed of securities held by the rest of the public sector.
Source: Undersecretariat of Treasury
(Million TL) 2010 2011 2012 2013 2014 2015 2016 2017 Q1
A. GENERAL GOVERNMENT GROSS DEBT STOCK 486,947 534,145 549,038 606,563 633,619 702,174 791,314 827,303
Central Government 474,146 519,070 532,901 586,192 612,516 678,245 759,668 793,440
Rest of the Public Sector 12,801 15,076 16,137 20,371 21,103 23,929 31,645 33,864
B. DOMESTIC DEBT STOCK 361,220 377,870 396,841 416,399 429,339 456,829 490,744 507,006
Central Government 352,841 368,778 386,542 403,007 414,649 440,124 468,644 483,348
Rest of the Public Sector 8,379 9,091 10,299 13,392 14,690 16,705 22,099 23,658
C. EXTERNAL DEBT STOCK 125,727 156,275 152,197 190,164 204,280 245,345 300,570 320,297
Central Government 121,305 150,291 146,359 183,185 197,868 238,121 291,024 310,092
Rest of the Public Sector 4,422 5,984 5,837 6,979 6,412 7,224 9,546 10,206
D. ADJUSTMENT ITEMS -22,957 -26,665 -36,959 -40,658 -47,909 -59,130 -58,534 -54,647
Central Government (*) 20,696 24,361 21,312 22,398 26,951 28,516 37,779 45,220
Rest of the Public Sector (**) -43,653 -51,025 -58,271 -63,055 -74,860 -87,646 -96,314 -99,867
EU DEFINED GENERAL GOVERNMENT DEBT STOCK (A+D) 463,990 507,481 512,079 565,905 585,710 643,044 732,779 772,656
EU DEFINED GENERAL GOVERNMENT DEBT STOCK / GDP (%) 40.0 36.4 32.6 31.3 28.6 27.5 28.3 28.9
7. 777
Public Net Debt Stock (Billion TL)
Source: Undersecretariat of Treasury
2010 2011 2012 2013 2014 2015 2016 2017 Q1
I- Public Gross Debt Stock 496.8 546.0 562.7 622.9 649.9 722.1 819.5 853.4
• Central Government 474.1 519.1 532.9 586.2 612.5 678.2 759.7 793.4
• Rest of the Public Sector 22.6 27.0 29.8 36.7 37.4 43.8 59.8 60.0
II- Assets and Public Sector
Deposit
179.3 256.4 322.3 425.6 463.1 561.1 600.6 621.3
• Central Bank Net Assets 86.2 143.2 189.5 271.1 304.4 376.2 397.1 411.6
• Public Sector Deposits 47.2 59.8 71.6 84.2 77.4 91.8 100.3 103.0
• Unemployment Insurance Fund 45.9 53.5 61.2 70.4 81.4 93.1 103.2 106.7
III- Public Net Debt Stock 317.5 289.6 240.5 197.2 186.8 161.0 218.9 232.1
13. 131313
Sensitivity of General Government Debt to GDP Ratio
2001 2016
Change in real exchange rate app/dep
by 5 percent
+ / - 2.1 points + / - 0.6 points
Change in TL interest rate by 500bp + / - 1.6 points + / - 0.8 points
Change in GDP growth rate by
2 percentage points
+ / - 1.6 points + / - 0.5 points
Note: The effects of scenarios on “General Government Debt Stock/GDP” ratio (as defined by ESA standards) are
measured by deviations from baseline scenarios based on end-2001 and end-2016 stock realizations.
Source: Undersecretariat of Treasury
14. 141414
Gross External Debt Stock of Turkey (Billion USD)
Source: Undersecretariat of Treasury, CBRT
Billion USD 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Q1
TOTAL 208.0 249.9 280.8 268.7 291.6 303.7 339.5 389.7 401.7 395.9 404.9 412.4
SHORT TERM 42.9 43.1 52.5 49.0 77.2 81.6 100.2 130.3 131.6 101.9 98.0 102.2
LONG TERM 165.1 206.8 228.3 219.7 214.4 222.1 239.3 259.4 270.2 294.0 306.9 310.1
PUBLIC SECTOR 71.6 73.5 78.3 83.5 89.1 94.3 104.0 115.9 117.7 113.1 119.7 122.9
SHORT TERM 1.8 2.2 3.2 3.6 4.3 7.0 11.0 17.6 17.9 14.6 16.3 16.5
LONG TERM 69.8 71.4 75.1 79.9 84.8 87.3 93.0 98.3 99.8 98.5 103.4 106.4
CBRT 15.7 15.8 14.1 13.2 11.6 9.3 7.1 5.2 2.5 1.3 0.8 0.8
SHORT TERM 2.6 2.3 1.9 1.8 1.6 1.2 1.0 0.8 0.3 0.2 0.1 0.1
LONG TERM 13.1 13.5 12.2 11.4 10.0 8.1 6.1 4.4 2.1 1.2 0.7 0.7
PRIVATE SECTOR 120.7 160.6 188.4 172.0 191.0 200.1 228.4 268.5 281.6 281.4 284.4 288.7
SHORT TERM 38.5 38.7 47.4 43.6 71.4 73.3 88.1 111.9 113.4 87.2 81.6 85.6
LONG TERM 82.2 121.9 141.0 128.4 119.6 126.8 140.3 156.7 168.2 194.3 202.7 203.1
15. 151515
Ratios on Gross External Debt of Turkey (%)
Source: Undersecretariat of Treasury, CBRT
(*) Source for export data is CBRT's Balance of Payments Statistics, April 2017.
(**) Source for reserves data is CBRT's International Investment Position Statistics, April 2017.
% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Q1
GROSS EXTERNAL DEBT STOCK / GDP 38.0 36.9 36.2 41.5 37.8 36.5 39.0 41.0 43.0 46.0 47.3 49.1
PRIVATE SECTOR GROSS EXTERNAL DEBT
STOCK / GDP
22.0 23.7 24.3 26.6 24.7 24.1 26.2 28.3 30.1 32.7 33.2 34.4
GROSS EXTERNAL DEBT STOCK / EXPORT
(FOB) (*)
243.2 233.0 212.7 263.1 256.1 225.1 222.7 256.7 254.9 275.2 284.1 283.0
PRIVATE SECTOR GROSS EXTERNAL DEBT
STOCK / EXPORT (FOB) (*)
141.2 149.7 142.7 168.4 167.7 148.3 149.8 176.9 178.6 195.7 199.5 198.1
CBRT RESERVES (GROSS) /
GROSS EXTERNAL DEBT STOCK (**)
29.3 29.3 25.3 26.3 27.7 25.8 29.4 28.5 26.6 23.5 22.8 21.5
CBRT RESERVES (GROSS) /
SHORT TERM GROSS EXTERNAL DEBT
STOCK (**)
142.1 169.9 135.2 144.4 104.5 96.2 99.8 85.1 81.3 91.2 94.1 86.6
20. 202020
Interest Rates of TL Denominated Zero-Coupon Bonds (annual,
compounding, % )
*As of June, 2017
Source: Undersecretariat of Treasury
5
10
15
20
25
30
35
40
45
50
55
60
65
70
75
80
85
J02
A
J
O
J03
A
J
O
J04
A
J
O
J05
A
J
O
J06
A
J
O
J07
A
J
O
J08
A
J
O
J09
A
J
O
J10
A
J
O
J11
A
J
O
J12
A
J
O
J13
A
J
O
J14
A
J
O
J15
A
J
O
J16
A
J
O
J17
A
Monthly Average
Annual Cumulative