Despite market turbulence, Turkey’s economic forecast improves

August 22, 2025

Turkey’s economy faced significant headwinds last year due to weakened demand, high interest rates, rising inflation and tighter government policies. Despite unstable market conditions in March, the country appears to be on the path to recovery, largely driven by private consumption.

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Credit Risk Insurers & Bank News

18 August 2025

Updates every Monday.

Allianz
Atradius
Coface
Credendo

➦ Kenya: Debt-driven vulnerabilities persist despite short-term liquidity relief
In February 2024, the Kenyan government unexpectedly issued a new USD 1.5 billion Eurobond with a seven-year maturity and used the proceeds to pay back the Eurobond maturing in June of that year.

➦ Oman: Strengthened macroeconomic position supports short-term outlook despite headwinds
Oman’s post-Covid-19 macroeconomic realignment enhanced the country’s resilience to withstand the significant current headwinds amidst regional instability, increased global economic uncertainty and moderation of hydrocarbon prices.
EXIM
Goldman Sachs
Marsh
Wells Fargo

➦ Reserve Bank of Australia cuts rates, signals a steady easing bias
The Reserve Bank of Australia (RBA) delivered a widely expected 25 bps rate cut at this week’s monetary policy meeting, lowering the Cash Rate to 3.60%, marking its third rate cut this year.
World Economic Forum
Risk Maps