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S&P Lowers Outlook for Turkey’s Debt Rating to Negative
Politics

S&P Lowers Outlook for Turkey’s Debt Rating to Negative

March 31, 2023 admin-dominor


S&P Global Ratings lowered its outlook for Turkey’s sovereign credit rating to negative from stable, citing a series of challenges including earthquake-recovery costs and uncontrolled inflation.

The rating company affirmed its B rating for Turkey, leaving it on par with Egypt and Kenya. 



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