S&P Increased Turkey’s Rating

Thus, Turkey’s rating in long-term foreign currency increased from "B +" to "BB-" and in Turkish liras from "BB-" to "BB". However, the organization did not change the appearance of Turkey, which was "stable."

A statement by the institution, there was also a warning to Turkey to decrease its high amount of debt, to be firm in attaining the target of primary surplus, which is close to the target figure in the current IMF program.