S & P Changes Outlook On Turkey From Stable To Positive

ANKARA, Jan 29 (A.A) - Standard and Poor's (S&P), a leading international rating organization, changed outlook on Turkey from stable to positive.
This situation means that Turkey's rating would be upgraded if positive developments in the economy continue.
Releasing a statement, S&P said that Turkey's macroeconomic and structural reform policies which were backed by a three-year maturity IMF loan of 16 billion U.S. dollars would play an important role on decrease in Turkey's debts this year and settlement of them on a sustainable level and that this was effective in revision in outlook on Turkey.
S&P said that it would upgrade Turkey's rating if the economic programme continued on track.