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Elections Pivotal for Turkey's Soverign Creditworthiness, Fitch Ratings Say

TURKEY
  • The May 2023 general elections could be a pivotal event for Turkey's creditworthiness due to the growing economic imbalances from an expansionary and unconventional policy mix, and the markedly different post -election policy paths outlined by the current government and the opposition alliance, Fitch Ratings says in a new report published today.
  • Note Fitch downgraded Turkey's sovereign rating by two notches in 2022 to ‘B’. The Outlook is Negative.
  • See the full report here: https://www.fitchratings.com/research/corporate-fi...

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