51197
Turkey Should Focus on Reforms
Turkey Should Focus on Reforms

Turkey Should Focus on Reforms

Turkey Should Focus on Reforms

Turkey should focus on making economic reforms and promoting its strengths rather than blaming credit rating agencies for unfair rates, Timothy Ash, a London-based strategist at Nomura International, said. “Rating agencies are never very popular. They do a difficult job. There are objective and subjective factors but in the end it is a matter of opinion,” Ash said in an interview with state-run Anadolu Agency. “I don’t believe there is a conspiracy against Turkey by rating agencies,” he added. The Turkish economy has proven unexpectedly resilient to shocks and the way to go forward is to maintain economic reforms and promote economic strengths more clearly to global investors, Ash said. “Economic reform should be a number one priority … Turkey should be selling itself externally as a good place to do business. Do everything possible to attract foreign investment and trade, and show Turkey is open for business despite the July 15 (failed) coup,” he added.    

 

Short URL : https://goo.gl/6ZfgoR
  1. https://goo.gl/rCGwkU
  • https://goo.gl/rxGcKn
  • https://goo.gl/YzTEPd
  • https://goo.gl/hmx3fq
  • https://goo.gl/JVJYi1

You can also read ...

Report says China’s economic development must rely on integration between innovation and industrial production,  and work must be done to ensure that innovation progress was passed on to production.
China's new economy will account for an estimated 12% of the...
The process of building a new government could take weeks, so markets may well move on from the result quickly.
Politics dominated trading on Monday, with the euro sliding as...
World countries are casting a shadow on the future of the global economic system.
Next month, when finance ministers and central bank governors...
EU Seeks Protection for Uber-Style Jobs
The European Commission said on Monday it wants more social...
The economy’s return to growth has eased pressure  on the authorities.
Now that Nigeria’s economy is recovering from its worst slump...
US to See Slower Growth
The pace of US economic growth will stay stuck in the low 2%...
One mining services company said it laid off more than 50 employees.
New laws and a crackdown on mining firms in Tanzania has...
Japan PM Announces $17.8b Economic Stimulus Package
Japanese Prime Minister Shinzo Abe said he would seek to...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus