ISTANBUL Treasury and Finance Minister Mehmet Şimşek welcomed Standard & Poor's ( S&P ) decision to raise Türkiye 's credit rating , highlighting the country's unique achievement of receiving two-notch upgrades from three major credit rating agencies this year. S&P upgraded Türkiye's long-term sovereign credit rating to BB- from B+ with a stable outlook on Friday, citing the country's economic rebalancing efforts. "The rating upgrade was driven by the rebalancing in the economy, the declining