$ 32 billion had been given

Credit rating agencies note of Turkey's being stingy when at high cost. That was taken 10 years, 120 billion dollars of foreign investment Finance Minister Mehmet Simsek "Turkey deserves to be noted that the additional investment of $ 32 billion had been given. This meant more jobs and more prosperity." he said.

Finance Minister Mehmet Simsek, the economy, despite the achievements of credit rating agencies said that you stingy grading. So it was a waste of $ 32 billion investment in Turkey voicing Minister Simsek, Turkey Despite the high credit risk premium pointed out that the European Union countries with a note. Lightning, "a high credit rating is high when the investments. This means more jobs and more prosperity.'' He said.

Turkey's economy in spite of the achievements of the country credit rating agencies act stingy grading became clear bill. The note does not qualify teachers for Sıfırcı Turkey turned out that the investment of 32 billion dollars. Finance Minister Mehmet Simsek, Turkey's note drawing attention to thinking about the different markets, credit rating agencies, credit risk premium than Turkey in the European Union (EU) countries, with a note, he said. Despite the low credit rating last 10 years has performed in Turkey emphasizes Simsek, said that 120 billion dollars of foreign investment was taken. Minister Simsek, "a high credit rating is high when the investments. Had not deserved Turkey's credit rating as portfolio investment and direct investment in Turkey would invest an additional $ 32 billion. This means more jobs and more prosperity. ' "he said. Simsek, underlining that subjective criteria for credit rating agencies, these organizations can carry out the functions of early warning and crisis öngöremediğini said.

Finance Minister Simsek, Political, Economic and Social Research Foundation (SETA) prepared by the "Credit Rating Agencies: Alternative Approaches'' at the introductory meeting, the report said. Simsek, Turkey's economy Referring to developments in the last 10 years, closed the gap with developed countries in per capita income expressed shaft . the critical threshold exceeded 10 thousand dollars in national income, despite Turkey's credit rating has remained low compared to many countries at this level voicing Lightning, "both in economic growth, both the appearance of growth, as well as the per capita income of the economy or the size of the economy, Turkey really deserves a much better note.'' he said. Credit rating agencies have expressed serious loss of reputation by the Minister Simsek need to revise the existing institutions to discipline themselves.

Test passed, the current account deficit is shrinking

Resistant to external shocks, indicating that Turkey's Finance Minister Simsek, 13 quarters in the euro area reached the pre-crisis level by stating that Turkey's fifth quarter, recovering. "Turkey has been tested, the greatest test came out successfully," the lightning detection, "If you look at Turkey's economic and political stability, we look at structural reforms, in fact, Turkey is expected to continue rapid growth in the next 30-40 years. Current account deficit is a major problem but it was a serious recession. energy omit the zero points of the current account deficit this year will have come true. " he said.