Fitch Ratings revised Türkiye’s outlook from unfavourable to secure and reaffirmed its credit standing as “B” on Friday.
“The revision of the Outlook to Stable reflects the return to a more conventional and consistent policy mix that reduces near-term macro-financial stability risks and eases balance of payments pressures,” the company stated.
Noting that the newly-appointed financial workforce seeks to enhance coverage consistency, the company stated the efforts contained an elevated finances deficit and slowed home demand.
Fitch additionally warned that top inflation stays the nation’s important danger and coverage problem.
Source: www.dailysabah.com
