Auguste Kouame
World Bank provided $1.5 bln in financing to Turkey
The World Bank said on July 15 that it extended financing worth $1.5 billion for five critical development projects during Fiscal Year 2021.
Recalling that the country fought the impacts of COVID-19, the bank said the financial support contributed to the implementation of Turkey's 11th National Development Plan as laid out in the Bank's Country Partnership Framework.
World Bank project to support Turkey's industrial zones
A World Bank-funded project will help Turkey's Organized Industrial Zones (OIZs) become more efficient, environmentally sustainable, and competitive, the bank said late on Jan. 25.
World Bank okays $300 mln for micro, small firms in Turkey
The World Bank on Dec. 21 announced that under a new project it will provide a finance of $300 million to help avert the closure of viable micro- and small-enterprises (MSEs) in Turkey amid the coronavirus pandemic.
World Bank extends loans of 250 mln euros for Turkish exporters
The World Bank's Board of Executive Directors has approved a partial credit guarantee in the amount of 250 million euros (around $273 million) to the Export Credit Bank of Turkey (Türk Eximbank) as part of the Turkey Long-Term Export Finance Guarantee Project, according to a statement.