ISTANBUL, Dec. 1 (Xinhua) -- Türkiye's Treasury and Finance Minister Mehmet Simsek on Friday said that there was growing confidence in the government's economic program, which he said would be implemented with patience and determination.
"The steps we take are being reciprocated. There has been growing confidence in our medium-term program," Simsek wrote on his social media account on X, formerly known as Twitter.
Simsek's comments came a day after credit rating agency S&P Global Ratings revised Türkiye's sovereign credit outlook to positive from stable, affirming the country rating at "B".
It acknowledged that Turkish policymakers have been making progress on cooling down the country's "overheated" economy and rebuilding its central bank's depleted stock of net foreign currency reserves, the semi-official Anadolu news agency reported.
Analysts say Türkiye's turn to orthodox policies since the May elections is bearing fruits and arousing investor interest. ■