Pseudo-State's 'Domestic Debt' Exceeds €1.7 Million

The 'domestic debt' of the pseudo-state has exceeded €1.7 million following three separate auctions of 'state bonds' in Turkish lira, US dollars, and British pounds. The 'central bank' of the pseudo-state borrowed significant amounts, increasing the total debt to 4.6 billion TL (€1.7 million). The dollar auction amounted to 301.806 million TL and the pound auction to 1.1459 billion TL. The 'Ministry of Finance' has borrowed 12 times in the last three months, having received approval to borrow 6 billion TL in January. The increased need for borrowing indicates economic difficulties in the pseudo-state.