Business

New growth forecast for Turkey from Standard & Poor’s

International credit rating agency Standard & Poor’s raised its economic growth forecast for Turkey for 2021 from 6.1% to 8.6%.

Turkey made a big attack in production and exports with the abolition of the coronavirus pandemic measures. While records were broken one after another, a new growth forecast came from the international rating agency S&P. S&P revised Turkey’s growth rate positively.

INCREASED FROM 6.1% TO 8.6%

International credit rating agency Standard & Poor’s had previously announced its economic growth forecast for 2021 for Turkey as 6.1%. After successive good news, S&P revised its forecast.

In the last evaluation, the economic growth forecast for 2021 for Turkey was increased from 6.1% to 8.6%.

Source: Sabah / Translated by Irem Yildiz

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