2022/2/13. Turkey I read this article, and am thinking about Turkey government’s debt. Fitch downgrades Turkish debt amid soaring inflation https://www.ft.com/content/d6799877-7bae-4f78-b53d-8d1828a41c82 I searched some datas about Turkey’s economy. From google, And this site, https://www.statista.com/statistics/277040/national-debt-in-turkey-in-relation-to-gross-domestic-product-gdp/ Turkey GDP(b$) Currency($)@Jan Debt ratio(%) 2017 859 0.27 28.03 2018 778.4 0.27 30.17 2019 761.4 0.19 32.66 2020 720.1 0.17 39.77 2021 0.14 37.77? 2022? 0.072 37.92? Currency’s value is decreased to half from 2021 to 2022. This means GDP’s value would be half and Debt ratio would be twice. Then I searched Turkey’s interest ratio was 14.00% at Jan 20, 2022. https://www.aljazeera.com/economy/2022/1/20/turkeys-central-bank-hits-pause-leaves-interest-rates-unchanged In 2022, ...
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