Moody’s says Turkey’s reform package lacks detail, vague on timing

ISTANBUL: Ratings agency Moody’s said on Friday that a reform package that Turkey presented this week provided little detail and was vague on a timetable for helping revive an economy plagued by inflation and recession. Finance Minister Berat Albayrak’s announcement, including plans for recapitalisation of state banks, was met with lukewarm reactions from the market […]