{"id":51457,"date":"2024-07-20T19:03:00","date_gmt":"2024-07-20T16:03:00","guid":{"rendered":"https:\/\/economic.karpat.in.ua\/?p=51457"},"modified":"2024-07-20T20:05:43","modified_gmt":"2024-07-20T17:05:43","slug":"tobb-mint-egy-evtized-utan-javitotta-a-moodys-a-torok-hitelminositest","status":"publish","type":"post","link":"https:\/\/economic.karpat.in.ua\/?p=51457&lang=hu","title":{"rendered":"T\u00f6bb mint egy \u00e9vtized ut\u00e1n jav\u00edtotta a Moody\u2019s a t\u00f6r\u00f6k hitelmin\u0151s\u00edt\u00e9st"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>A Moody&#8217;s Ratings t\u00f6bb mint egy \u00e9vtized ut\u00e1n, el\u0151sz\u00f6r jav\u00edtott T\u00f6r\u00f6korsz\u00e1g hitelmin\u0151s\u00edt\u00e9s\u00e9n, ami \u0151j m\u00e9rf\u00f6ldk\u00f6vet jelentet az orsz\u00e1g azon t\u00f6rekv\u00e9s\u00e9ben, hogy visszat\u00e9rjen az ortodox gazdas\u00e1gpolitik\u00e1hoz.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A min\u0151s\u00edt\u00e9st k\u00e9t fokozattal B1-re jav\u00edtott\u00e1k, B3-r\u00f3l pozit\u00edv kil\u00e1t\u00e1ssal. T\u00f6r\u00f6korsz\u00e1g tov\u00e1bbra is n\u00e9gy fokozattal a befektet\u00e9si min\u0151s\u00edt\u00e9s alatt van, egy szinten Jord\u00e1ni\u00e1val \u00e9s Bangladessel. A l\u00e9p\u00e9s az S&amp;P Global Ratings \u00e9s a Fitch Ratings felmin\u0151s\u00edt\u00e9s\u00e9t k\u00f6veti, mivel T\u00f6r\u00f6korsz\u00e1g visszat\u00e9r\u00e9se a hagyom\u00e1nyos politik\u00e1khoz az infl\u00e1ci\u00f3 fordulat\u00e1hoz \u00e9s a k\u00f6zponti bank devizatartal\u00e9kainak gyors n\u00f6veked\u00e9s\u00e9hez vezetett .<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"315\" src=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2024\/07\/torokorszag.jpg\" alt=\"\" class=\"wp-image-51458\" style=\"width:812px;height:auto\" srcset=\"https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2024\/07\/torokorszag.jpg 600w, https:\/\/economic.karpat.in.ua\/wp-content\/uploads\/2024\/07\/torokorszag-300x158.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u201eA B1-re val\u00f3 felmin\u0151s\u00edt\u00e9s f\u0151 hajt\u00f3ereje a korm\u00e1nyz\u00e1s fejleszt\u00e9se, pontosabban az ortodox monet\u00e1ris politik\u00e1hoz val\u00f3 hat\u00e1rozott \u00e9s egyre jobban megalapozott visszat\u00e9r\u00e9s\u201d \u2013 mondta a Moody&#8217;s a Bloomberg besz\u00e1mol\u00f3ja szerint. \u201eEz az els\u0151 l\u00e1that\u00f3 eredm\u00e9nyeket hozza T\u00f6r\u00f6korsz\u00e1g jelent\u0151s makrogazdas\u00e1gi egyens\u00falyhi\u00e1ny\u00e1nak cs\u00f6kkent\u00e9s\u00e9ben.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">T\u00f6r\u00f6korsz\u00e1g az elm\u00falt \u00e9vekben a vil\u00e1g leggyorsabb \u00e1remelked\u00e9seit tapasztalta meg, amikor Recep Tayyip Erdogan eln\u00f6k elt\u00e1volodott a hagyom\u00e1nyos gazdas\u00e1gpolitik\u00e1t\u00f3l, olcs\u00f3 hitelekkel, minim\u00e1lb\u00e9r-emel\u00e9sekkel \u00e9s laza \u00e1llami finansz\u00edroz\u00e1ssal kedvezve a n\u00f6veked\u00e9snek. A tavalyi v\u00e1laszt\u00e1sok ut\u00e1n a Mehmet Simsek p\u00e9nz\u00fcgyminiszter vezette gazdas\u00e1gi csoport a jegybank ir\u00e1nyad\u00f3 kamat\u00e1nak 8,5 sz\u00e1zal\u00e9kr\u00f3l 50 sz\u00e1zal\u00e9kra emel\u00e9s\u00e9vel \u00e9s szigor\u00fabb fisk\u00e1lis politik\u00e1val igyekezett helyre\u00e1ll\u00edtani a stabilit\u00e1st.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Boom \u2013 nagyszer\u0171 h\u00edr T\u00f6r\u00f6korsz\u00e1g sz\u00e1m\u00e1ra. Ritka eset, hogy dupla fokozat\u00fa friss\u00edt\u00e9seket kap, de azt mutatja, hogy a Moody&#8217;s mennyire lemaradt a g\u00f6rbe m\u00f6g\u00f6tt, \u00e9s utol kellett \u00e9rnie a Fitchet \u00e9s az S&amp;P-t \u2013 mondta Tim Ash, az RBC BlueBay Asset Management felt\u00f6rekv\u0151 piacok strat\u00e9g\u00e1ja. \u201eMegmutatja a Simsek-reformok hat\u00e1s\u00e1t.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody&#8217;s janu\u00e1rban stabilr\u00f3l pozit\u00edvra m\u00f3dos\u00edtotta T\u00f6r\u00f6korsz\u00e1g hitelkil\u00e1t\u00e1sait, a hat\u00f3s\u00e1gok \u00e1ltal v\u00e9grehajtott gazdas\u00e1gpolitikai \u201ed\u00f6nt\u0151 v\u00e1ltoz\u00e1sra\u201d hivatkozva. Az S&amp;P pozit\u00edv kil\u00e1t\u00e1ssal egy fokozattal B+-ra, B-re emelte az orsz\u00e1g besorol\u00e1s\u00e1t. A Fitch m\u00e1rciusban pozit\u00edv kil\u00e1t\u00e1ssal egy fokozattal feljebb, B+-ra emelte az orsz\u00e1g besorol\u00e1s\u00e1t.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Az \u00e1ltalunk megval\u00f3s\u00edtott programnak k\u00f6sz\u00f6nhet\u0151en a Moody&#8217;s, amely 11 \u00e9v ut\u00e1n emelte orsz\u00e1gunk hitelmin\u0151s\u00edt\u00e9s\u00e9t, megtartotta a kil\u00e1t\u00e1st pozit\u00edvnak &nbsp;\u2013 mutatott r\u00e1 Simsek az X-en, hozz\u00e1t\u00e9ve, hogy a pozit\u00edv kil\u00e1t\u00e1s tov\u00e1bbi potenci\u00e1lis besorol\u00e1s-emel\u00e9sekre utal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody&#8217;s azt v\u00e1rja, hogy a fogyaszt\u00f3i \u00e1rinfl\u00e1ci\u00f3 decemberre meredeken, 45% al\u00e1 cs\u00f6kken, amihez hozz\u00e1j\u00e1rul a folyamatban l\u00e9v\u0151 belf\u00f6ldi kereslet lassul\u00e1sa \u00e9s a re\u00e1l\u00e1rfolyam fel\u00e9rt\u00e9kel\u0151d\u00e9se. A 2023 \u00e9s 2022 j\u00falius\u00e1ban bek\u00f6vetkezett \u00e9vk\u00f6zi minim\u00e1lb\u00e9r-emel\u00e9sek megism\u00e9tl\u0151d\u00e9se val\u00f3sz\u00edn\u0171leg szint\u00e9n t\u00e1mogatja a dezinfl\u00e1ci\u00f3t a j\u00f6v\u0151ben.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody&#8217;s szerint a t\u00f6r\u00f6k infl\u00e1ci\u00f3 2025-ben 30% k\u00f6r\u00fclire lassul, mik\u00f6zben arra sz\u00e1m\u00edt, hogy a foly\u00f3 fizet\u00e9si m\u00e9rleg hi\u00e1nya id\u00e9n a GDP 2,4 sz\u00e1zal\u00e9ka lesz, 2025-ben pedig a GDP 2%-a alatt lesz, a legut\u00f3bbi, 2022-es 5% ut\u00e1n.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A Moody&#8217;s szerint b\u00e1r a k\u00fcls\u0151 sebezhet\u0151s\u00e9gek \u00e9s a politikai kock\u00e1zatok cs\u00f6kkentek, tov\u00e1bbra is kulcsfontoss\u00e1g\u00fa min\u0151s\u00edt\u00e9si korl\u00e1tok maradnak.<\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong><a href=\"https:\/\/www.vg.hu\/nemzetkozi-gazdasag\/2024\/07\/tobb-mint-egy-evtized-utan-javitott-a-moodys-a-torok-hitelminositest?utm_source=hirstart&amp;utm_medium=referral&amp;utm_campaign=hiraggregator\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">(vg.hu)<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Moody&#8217;s Ratings t\u00f6bb mint egy \u00e9vtized ut\u00e1n, el\u0151sz\u00f6r jav\u00edtott T\u00f6r\u00f6korsz\u00e1g hitelmin\u0151s\u00edt\u00e9s\u00e9n, ami \u0151j m\u00e9rf\u00f6ldk\u00f6vet jelentet az orsz\u00e1g azon t\u00f6rekv\u00e9s\u00e9ben, hogy visszat\u00e9rjen az ortodox gazdas\u00e1gpolitik\u00e1hoz.<\/p>\n","protected":false},"author":12,"featured_media":51458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,11,39],"tags":[6933,1195,1386],"class_list":["post-51457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cikkek","category-kiemelt-tema","category-vilag","tag-hitelminosites","tag-moodys-2","tag-torokorszag"],"_links":{"self":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/51457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51457"}],"version-history":[{"count":2,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/51457\/revisions"}],"predecessor-version":[{"id":51465,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/posts\/51457\/revisions\/51465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=\/wp\/v2\/media\/51458"}],"wp:attachment":[{"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economic.karpat.in.ua\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}