The World Bank Turkey Program Closed 2020 with Solid Investments
Contributing to Turkey's Build Back Better Efforts and Longer-Term Goals
In addition to these emergency COVID-19 operations , and in line with its Country Partnership Framework (CPF), the World Bank's regular program of support continued to focus on more equitable and sustainable growth with a renewed focus on ensuring Turkey can build back better after the crisis.
The program covers many areas of support to government and stakeholders in Turkey to address challenges in fiscal management, the financial sector, competitiveness, and private investment, through increased fiscal space, enhanced access to finance for underserved segments, and enhanced competitiveness and employment in selected industries. The emphasis on stronger macro-economic and fiscal management has become more important given the economic volatility experienced by Turkey in the past couple of years.