Middle East Economic Survey

VOL. XLIX

No 5

30-January-2006

TURKEY

Turkey Outlook Revised To Positive On Fiscal Progress, Says S&PStandard & Poor's (S&P) on 23 January revised its outlook on Turkey to positive from stable. Turkeys long-term BB- foreign currency and BB local currency and the short-term B sovereign credit ratings were affirmed. The outlook on Export Credit Bank of Turkey was revised to positive from stable, and the BB- long-term and B short-term foreign currency issuer...