The global rating agency Moody's revised up Türkiye's 2021 GDP growth forecast from 2 percent to 2.3 percent, according to the report.

The agency also raised its forecasts for the growth of the economies of the United States, Germany, France, India, Italy, Mexico, Canada, China, Russia, and Saudi Arabia in 2023, while it lowered its forecasts for growth in Argentina, South Africa and South Korea. (ILKHA)