Minister of Treasury and Finance Berat Albayrak stated that the performance of the economy in 2019 increased confidence in Turkey.
Treasury and Finance Minister Berat Albayrak stated in his statement on his Twitter account that the country’s risk premium reached its lowest level since May 2018 with 267 points.
Stating that an improvement of approximately 320 basis points has been achieved since August 2018, when the exchange rate attack took place, Minister Albayrak said:
“The performance we demonstrated in the economy in 2019 increased confidence in our country. We will take this much further in 2020. Our 2-year bond interest rate dropped to its lowest level since January 6, 2017, at 10.72 percent. The 28 percent increase after the exchange rate attack, “We achieved a 1755 basis point decrease from the interest rate of 27. The improvement we achieved in the fight against inflation and market expectations was the architect of the process.”
