14 June 2022

Fitch Expects Turkish Economy to Grow by 4.5 Percent in 2022

International and Arabic
  • Turkey

Ankara, June 14 (QNA) - Global ratings agency Fitch Ratings expected Turkish economy to grow by 4.5 percent in 2022.
The Turkish economy is expected to grow by 4.5 percent this year, 3 percent in 2023 and 2.9 percent in 2024, Fitch said in its latest report "Return of Tight Monetary Policy".
Fitch had previously predicted that Turkey would grow by 2.4 percent this year and 3.2 percent in 2023.
The global ratings agency cut its world GDP growth forecast to 2.9 percent for 2022. (QNA)

Keywords

Economy, International
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