Group 1 - The Turkish economy has returned to a "positive cycle" after experiencing market turmoil in March, according to Finance Minister Mehmet Simsek [1] - All financial indicators, including foreign exchange reserves and the Istanbul BIST100 stock index, have recovered to levels seen in mid-March [1] - The Central Bank of Turkey unexpectedly lowered the benchmark interest rate by 300 basis points to 43%, resuming a rate-cutting cycle that was interrupted by political events in March [1] Group 2 - Moody's upgraded Turkey's sovereign credit rating from "B1" to "Ba3," citing improved monetary policy credibility, slowing inflation, and better economic imbalances [1] - The government expects the inflation rate by the end of the year to be in the mid-to-high end of the Central Bank's forecast range, or below 29% [1] - As of June, Turkey's annual inflation rate dropped to 35%, significantly down from a peak of approximately 75% in May 2024 [1] Group 3 - Turkey's GDP growth target for this year is set at 4%, but a Reuters survey of 34 economists indicates a median GDP growth expectation of only 2.8% for 2025, down from 3.2% in 2024 [2]
土耳其财政部长：土耳其经济已重回“正向循环”
Xin Hua Cai Jing·2025-07-28 01:15