The Fitch Ratings International rating agency increased the Turkish credit rating from B+BB- and changed the forecast for the rating for “stable”. This is stated in the message Fitch Ratings.
Tight of the monetary (monetary) policy led to the real strengthening of the lyre, which is of great importance for the strategy of the authorities to reduce inflation, the report said.
At the same time, Fitch Ratings predict that this year the Turkish economy will grow by 3.5 percent and 2.8 percent in 2025.
In March of this year, the rating agency increased the Turkish credit rating from “B” B+”and a forecast for the rating with” stable “on” positive “.
The new Fitch Ratings forecast was commented in turn by the Minister of Treasury and Finance of Turkey Mehmet Shimshek.
“Fitch International Rating Agency increased our credit rating for the second time. It is increased from B+ to BB. We are the only country that has received a rating of the three largest rating agencies in 2024 thanks to our program that strengthens our Macro -financial stability and increases our stability, ”he wrote on the social network x.