Fitch Ratings Assessment on Türkiye: Economic Policies Will Be Tested

Credit rating agency Fitch Ratings announced that economic policies in Türkiye will continue their testing process due to high inflation and vulnerability to external shocks.

Course of Economic Policies

In evaluations made by Fitch Ratings, it was stated that both the inflation outlook and externally driven developments will continue to play a critical role in the future course of economic policies in Türkiye.

Eastern Europe Regional Outlook

In the report prepared by the agency regarding Eastern Europe economies, it was noted that despite rising geopolitical risks in the region, general economic resilience has been maintained, but limited room for maneuver in monetary and fiscal policies has suppressed growth potential.

Credit Outlooks by Country

According to the evaluations, Poland, Romania, and Hungary are in the negative outlook category, while Serbia, Armenia, and Bulgaria stood out among the countries in the positive outlook category.

Lithuania's Credit Rating Development

Lithuania holds the distinction of being the only country in the region whose credit rating was upgraded to A+ in July, thanks to its strong growth performance and resilience against external shocks.