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Fitch downgrades Tunisia’s credit rating amid economic crisis

Global credit ratings agency Fitch has downgraded Tunisia from CCC+ to CCC- amid a severe economic crisis in the North African nation.’The downgrade to ‘CCC-‘ reflects uncertainty around Tunisia’s ability to mobilize sufficient funding to meet its lar…

New Governor of the Central Bank is Hafize Gaye Erkan

Mehmet Simsek, the Finance Minister in the new cabinet, wanted to have Erkan, a CEO in the finance sector in the US, as the Governor of the bank. With the decision of President Erdogan published in the Official Gazettee, Hafize Gaye Erkan was appointed…