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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Fitch Ratings: Turkey's Credit Rating

rocky
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Fitch Ratings: Turkey's Credit Rating Empty Fitch Ratings: Turkey's Credit Rating

Post by rocky Sun 23 Jul 2017, 2:51 am

Fitch Ratings: Turkey's Credit Rating



23/7/2017 12:00 am

Capitals / Farah pumice
confirmed the agency "Fitch" international credit rating that the rating of Turkey at the level of "BB +" with a stable outlook.
Turkey's structural indicators are better than similar counterparts, the agency said in a recent statement.
The Turkish economy is beginning to grow again, and its growth is expected to continue to grow higher than that of similar countries.
The agency stressed that Turkey's economy is large and diverse and that the private sector is active.
Fitch predicted that Turkey's average economic growth between 2017 and 2019 would be 4.3 percent.
Fitch maintained its rating of sovereign debt at a "high risk" level, citing political and geopolitical tensions as well as economic incentives that could weaken the country's financial performance this year.
In January, Fitch lowered its rating of Turkey from "BB +" to "BBB-" in an expression of concerns about political insecurity after a failed coup last year.
The latter rating is the lowest credit rating that encourages investment.

http://www.alsabaah.iq/ArticleShow.aspx?ID=141123

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