Dalara said that the macroeconomic data of Turkey were in a better condition than what was planned. According to Dalara, investors started to view Turkey in longer terms since the government implemented the economic program, which was personally supported by the Prime Minister.
Dalara said that the credibility, raised by the stability in economic program, positively affected the cost of borrowing for Turkey. According to Dalara, Turkey borrowed at favorable terms, when compared to many other developing markets. Dalara further said that all these positive developments also increased the interest of institutional investors in Turkey.