{"id":24701,"date":"2025-03-17T15:13:27","date_gmt":"2025-03-17T14:13:27","guid":{"rendered":"https:\/\/taceconomics.com\/?p=24701"},"modified":"2026-03-25T18:07:50","modified_gmt":"2026-03-25T17:07:50","slug":"turkey-lower-country-risk-due-to-improved-external-accounts-but-financial-pressures-persist","status":"publish","type":"post","link":"https:\/\/taceconomics.com\/en\/turkey-lower-country-risk-due-to-improved-external-accounts-but-financial-pressures-persist\/","title":{"rendered":"Turkey: Lower Country Risk Due to Improved External Accounts, but Financial Pressures Persist"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"24701\" class=\"elementor elementor-24701\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3936f2de e-con-full e-flex e-con e-parent\" data-id=\"3936f2de\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fcd77cf e-con-full e-flex e-con e-child\" data-id=\"fcd77cf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7253d407 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"7253d407\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Turkey\u2019s Economic Outlook in 2025: Lower Country Risk but Persistent Financial Pressures<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ffc341a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7ffc341a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9d37b8 elementor-widget elementor-widget-post-info\" data-id=\"d9d37b8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-098b2f8 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/2025\/03\/17\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-calendar\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M12 192h424c6.6 0 12 5.4 12 12v260c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V204c0-6.6 5.4-12 12-12zm436-44v-36c0-26.5-21.5-48-48-48h-48V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H160V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H48C21.5 64 0 85.5 0 112v36c0 6.6 5.4 12 12 12h424c6.6 0 12-5.4 12-12z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>March 17, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-d3c01a0 elementor-inline-item\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-tags\" viewBox=\"0 0 640 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M497.941 225.941L286.059 14.059A48 48 0 0 0 252.118 0H48C21.49 0 0 21.49 0 48v204.118a48 48 0 0 0 14.059 33.941l211.882 211.882c18.744 18.745 49.136 18.746 67.882 0l204.118-204.118c18.745-18.745 18.745-49.137 0-67.882zM112 160c-26.51 0-48-21.49-48-48s21.49-48 48-48 48 21.49 48 48-21.49 48-48 48zm513.941 133.823L421.823 497.941c-18.745 18.745-49.137 18.745-67.882 0l-.36-.36L527.64 323.522c16.999-16.999 26.36-39.6 26.36-63.64s-9.362-46.641-26.36-63.64L331.397 0h48.721a48 48 0 0 1 33.941 14.059l211.882 211.882c18.745 18.745 18.745 49.137 0 67.882z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/category\/emerging-markets\/\" class=\"elementor-post-info__terms-list-item\">Emerging Markets<\/a>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9395f23 e-con-full e-flex e-con e-child\" data-id=\"9395f23\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_scale_range&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:50,&quot;end&quot;:100}},&quot;background_motion_fx_scale_direction&quot;:&quot;out-in&quot;,&quot;background_motion_fx_scale_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:4,&quot;sizes&quot;:[]},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5a0edc5 elementor-widget elementor-widget-image\" data-id=\"5a0edc5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"320\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/03\/Turkey-e1749220313454.jpg\" class=\"attachment-large size-large wp-image-24613\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/03\/Turkey-e1749220313454.jpg 600w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/03\/Turkey-e1749220313454-300x160.jpg 300w, https:\/\/taceconomics.com\/wp-content\/uploads\/2025\/03\/Turkey-e1749220313454-18x10.jpg 18w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ef2b659 e-flex e-con-boxed e-con e-parent\" data-id=\"ef2b659\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bdb9a53 elementor-widget elementor-widget-heading\" data-id=\"bdb9a53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Fragile Economic Stabilization<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-eefa04b e-flex e-con-boxed e-con e-parent\" data-id=\"eefa04b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-faf90b5 elementor-widget elementor-widget-text-editor\" data-id=\"faf90b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Turkey has recently seen a decline in its <strong>country risk premium<\/strong>, thanks to a significant improvement in external accounts. A lower current account deficit and recovering forex reserves have contributed to a gradual return to macroeconomic stability. However, economic challenges remain, with <strong>persistent inflation and currency depreciation weighing on investor confidence<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2110370 e-flex e-con-boxed e-con e-parent\" data-id=\"2110370\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c6f8f5 elementor-widget elementor-widget-heading\" data-id=\"5c6f8f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Lower  Economic and Fonancial  Risk\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53a3ac8 e-flex e-con-boxed e-con e-parent\" data-id=\"53a3ac8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-847fa38 elementor-widget elementor-widget-text-editor\" data-id=\"847fa38\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\tSince mid-2023, Turkey\u2019s <strong>country risk premium<\/strong> has been on a downward trend, reaching <strong>438 basis points in Q4 2024<\/strong>. This reflects progress in stabilizing monetary conditions and macroeconomic fundamentals. However, <strong>political and governance risks remain high<\/strong>, limiting the overall improvement in risk perception.\n\nKey improvements in <strong>economic and financial risk<\/strong> include:\n<ul>\n \t<li>A contained current account deficit<\/li>\n \t<li>Lower external debt servicing costs<\/li>\n \t<li>Partial recovery in forex reserves<\/li>\n \t<li>Persistent currency undervaluation<\/li>\n<\/ul><br>\nDespite these gains, <strong>business conditions remain weak<\/strong>, and inflationary pressures continue to weigh on growth prospects.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9fb0fdf e-flex e-con-boxed e-con e-parent\" data-id=\"9fb0fdf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49ac446 elementor-widget elementor-widget-heading\" data-id=\"49ac446\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Disinflation and Monetary Easing<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-abebd8b e-flex e-con-boxed e-con e-parent\" data-id=\"abebd8b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-15a1bc6 elementor-widget elementor-widget-text-editor\" data-id=\"15a1bc6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Since June 2024, Turkey has been undergoing a <strong>disinflation process<\/strong>. Inflation dropped from <strong>44.4% at the end of 2024 to 39.1% in February 2025<\/strong>, its lowest level in nearly two years.<\/p><p>\u27a1\ufe0f In response, the <strong>Central Bank of Turkey (CBRT)<\/strong> cut its policy rate by <strong>250 basis points in March 2025<\/strong>, bringing the one-week repo rate down to <strong>42.5%<\/strong>.<\/p><p>Despite monetary easing, concerns remain over <strong>price rigidity and risks to sustained disinflation<\/strong>, particularly as wages and indexed prices continue to fuel inflationary pressures<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6782719 e-flex e-con-boxed e-con e-parent\" data-id=\"6782719\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-df369d0 elementor-widget elementor-widget-heading\" data-id=\"df369d0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Weak Growth and Turkish Lira Pressures<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-74472d4 e-flex e-con-boxed e-con e-parent\" data-id=\"74472d4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e4c5d1d elementor-widget elementor-widget-text-editor\" data-id=\"e4c5d1d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Turkey\u2019s GDP grew by <strong>2.9% in 2024<\/strong>, down from <strong>5.1% in 2023<\/strong>, due to:<\/p><ul><li>Persistent inflationary pressures<\/li><li>High interest rates restricting credit and investment<\/li><li>External headwinds impacting trade<\/li><\/ul><p>Domestic demand slowed throughout the year, and while government stimulus measures helped prevent a sharper contraction, <strong>growth remains lackluster<\/strong>.<\/p><p>At the same time, the <strong>Turkish Lira (TRY) continues to depreciate<\/strong>. After losing nearly <strong>20% in 2024<\/strong>, the USD\/TRY exchange rate reached <strong>36.7 in March 2025<\/strong>, with further depreciation projected to <strong>41.7 by Q4 2025<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9cfcbf0 e-flex e-con-boxed e-con e-parent\" data-id=\"9cfcbf0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-42c0ca3 elementor-widget elementor-widget-heading\" data-id=\"42c0ca3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Conclusion<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21ecd67 e-flex e-con-boxed e-con e-parent\" data-id=\"21ecd67\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c0d9bae elementor-widget elementor-widget-text-editor\" data-id=\"c0d9bae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Turkey has made <strong>notable progress in stabilizing its external accounts<\/strong>, but <strong>monetary, inflationary, and political risks persist<\/strong>. Investors remain cautious as <strong>monetary easing and political uncertainty weigh on Turkey\u2019s financial markets<\/strong>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-69365500 e-flex e-con-boxed e-con e-parent\" data-id=\"69365500\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-602cf570 e-con-full e-flex e-con e-child\" data-id=\"602cf570\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-69fe8899 elementor-widget elementor-widget-heading\" data-id=\"69fe8899\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Latest posts<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2949a0fe elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-widget elementor-widget-posts\" data-id=\"2949a0fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;classic_columns&quot;:&quot;3&quot;,&quot;classic_columns_tablet&quot;:&quot;2&quot;,&quot;classic_columns_mobile&quot;:&quot;1&quot;,&quot;classic_row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:35,&quot;sizes&quot;:[]},&quot;classic_row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;classic_row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"posts.classic\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-posts-container elementor-posts elementor-posts--skin-classic elementor-grid\" role=\"list\">\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-30139 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg\" class=\"attachment-medium size-medium wp-image-30141\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/06\/Indonesia.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" >\n\t\t\t\tIndonesia: Strong Fundamentals Meet Rising Vulnerabilities\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 22, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/indonesia-economy-strong-fundamentals-rising-vulnerabilities\/\" aria-label=\"Read more about Indonesia: Strong Fundamentals Meet Rising Vulnerabilities\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29612 post type-post status-publish format-standard has-post-thumbnail hentry category-emerging-markets\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29324\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Detroit-ORMUZ.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" >\n\t\t\t\tConflict in the Middle East: What Are the Implications for Gulf Economies?\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 5, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/middle-east-conflict-economic-consequences-gulf-countries\/\" aria-label=\"Read more about Conflict in the Middle East: What Are the Implications for Gulf Economies?\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-29566 post type-post status-publish format-standard has-post-thumbnail hentry category-webinaire\" role=\"listitem\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" tabindex=\"-1\" >\n\t\t\t<div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"267\" src=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg\" class=\"attachment-medium size-medium wp-image-29544\" alt=\"\" srcset=\"https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-500x267.jpg 500w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574-18x10.jpg 18w, https:\/\/taceconomics.com\/wp-content\/uploads\/2026\/04\/Webinaire-062026-V4-e1780472867574.jpg 600w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/div>\n\t\t<\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" >\n\t\t\t\tWebinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tJune 4, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-post__read-more-wrapper\">\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/taceconomics.com\/en\/webinaire-tac-economics-perspectives-au-moyen-orient-a-lepreuve-du-conflit\/\" aria-label=\"Read more about Webinaire TAC ECONOMICS | Perspectives au Moyen-Orient : \u00e0 l&#8217;\u00e9preuve du conflit\" tabindex=\"-1\" >\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fragile Economic Stabilization<br \/>\nTurkey has recently seen a decline in its country risk premium<\/p>\n","protected":false},"author":5,"featured_media":24613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-24701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emerging-markets"],"acf":[],"_links":{"self":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/24701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/comments?post=24701"}],"version-history":[{"count":77,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/24701\/revisions"}],"predecessor-version":[{"id":28254,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/posts\/24701\/revisions\/28254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media\/24613"}],"wp:attachment":[{"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/media?parent=24701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/categories?post=24701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taceconomics.com\/en\/wp-json\/wp\/v2\/tags?post=24701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}