Statement from Minister of Treasury and Finance, Mehmet Şimşek, about the Interest Rate Increase
Minister of Treasury and Finance, Mehmet Şimşek, made statements about the increase in interest rates. Details are included in our news.
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Statement on Credit Rating Increase by Treasury and Finance Minister Mehmet Şimşek:
Treasury and Finance Minister Mehmet Şimşek stated, “International credit rating agency Standard & Poor’s (S&P) raised our country’s credit rating by 1 notch after 11 years while maintaining a positive outlook. This development has been evaluated in line with the strong performance of the Turkish economy and its stable growth trend. In addition to S&P, the positive credit rating outlooks of Fitch and Moody’s are indicative of confidence in the country’s economy and a positive sign for the continuation of credit rating upgrades,” he said.
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