Fitch increases growth forecast for Turkey from 2,4 to 4,7 percent

Today there was a development that would please the government.  Int’ rating establishment Fitch disclosed the “Global Economic Outlook” report and Turkey’s growth forecast was also observed to have been increased. Undoubtedly, this piece of good news made the government in a serious struggle with the economy, happy. At the very least, we think that such positive news must have motivated the administration already coping with many issues.

As for the news, the international credit rating agency Fitch Ratings has announced that the global economy was projected to grow by 2.9 percent this year and 3.1 percent next year. The report issued by Fitch Ratings “Global Economic Outlook” said that global growth was expected to strengthen and that the growth rate would increase in 2017 and 2018.

On the other hand, Development Minister Lütfi Elvan said on the subject: “Fitch has increased its forecast for Turkey’s growth from 2.4 percent to 4.7 percent. The organization made the highest revision for Turkey. Our economy will continue to amaze “.