World Bank supports Turkey with financing extended to development projects ...Middle East

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World Bank supports Turkey with financing extended to development projects
In 2020, the World Bank delivered record levels of support for Turkey with financing extended to nine critical development projects that totalled US$ 2.5 Billion. This financial support, coupled with a series of Knowledge Products, contribute to the implementation of Turkey’s 11th National Development Plan, as laid out in the World Bank Group’s Country Partnership Framework (FY17-23). With the new lending approvals in 2020, the active lending portfolio in Turkey reached US$ 6.7 billion in support of 21 projects.

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