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senior analyst of S & P for Frank Gill, disclosed Monday in Turkey and presidential government in the new cabinet, which is the first cabinet of the Albayrak system found in the evaluation of the introduction to this task .
Gill told the Reutershab agency, it is too early to draw conclusions about this mission, but "decision-making is becoming more clear than collected in one center," he says. [19659003] Gill, strong public institutions in sovereign states can decide on their own and had said could be the often non-political stage these technical decisions, but in Turkey
[19659002] The senior analyst at S & P, who goes on to say, used the phrase "We are closely monitoring global financial policies and attitudes in the face of extraordinary conditions." In response to the recent surge interest rates, Gill added that the government's additional measures against the possibility of a coup d'état due to rising interest rates, added that funds from guarantee of credit would continue to be mobilized, as they wondered whether it satisfies the promotion of the S & P analyst, in case of realization of this scenario noted that Turkey will favor borrowing.
Stationary appearance
Turkey's economic outlook of "stable" as described by S & P, but the financial markets in case of continued pressure on warns against may look in a negative direction both on the financial perspective.
S & P Turkey's credit rating may "investment can not be made," which means lowered to BB- level Erdek had lowered its opponents to a level below that of credit rating agencies such as Moody & And 39; s and Fitch.
President Erdogan has repeatedly expressed his insecurity about international rating companies. At the end of March, Erdogan, who in a similar assessment, "look at the game of some credit rating agencies. Their only concern is to make room for letting pass that compresses the corner in Turkey. Now, in our own markets this game, do not respect international markets, "he said.
Mehmet Ali Akben, president of the Banking Regulation and Supervision Agency (BDDK), reported on the government's actions in this area last week, stating that "we have taken steps to create a independent local rating agency. "
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