Head of Ministry of Finance of Turkey: based on rules and predictable policy influenced increase in country’s credit rating

based on the rules and the predictable policy of Turkey, influenced the revision of the country’s credit rating by the Fitch Ratings International Rating Agency. This was announced on the social network X Minister of Treasury and Finance of Turkey Mehmet Shimshki, commenting on the adjustment of Fitch Ratings estimates towards the increase.

“The specific results of the program we implemented also reflected on the credit rating of our country. The Fitch International Rating Agency noted this success and increased our credit rating at one step,” Shimshka wrote.

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According to him, a positive forecast indicates the fact that the increase in the rating will continue in the coming period.

based on the rules and the predictable policy of Turkey, which meets international standards, contributed to the increase in the credit rating after 12 years. Such positive trends will continue as macro -financial stability strengthen, ”the minister said.

The head of the Turkish department expressed confidence that due to a decrease in inflation, reducing the deficit of the current account and budget discipline in the second half of the year, macrophanand stability will be further strengthened, which in turn will lead to a revision of the credit rating towards raising.