Revealing Turkey’s Public Debt Burden: A Transparent Payments Approach

Abstract

We postulate a new method of identifying debt which we call Debt Burden (DB). We claim that DB reveals the true debt obligations of the fiscal authority. It is more accurate and transparent. Hence, DB would serve fiscal authority much better in policy making. It is powerful in a sense that it is calculated on a daily basis and can serve as a good policy measure since it includes projections into the future.Debt burden, public debt, Turkey