News

Türkiye has quickly adopted measures to help contain the spread of COVID-19 and save lives, whilst providing economic support to affected firms and households. The economic outlook is more uncertain, ...
Turkey is to receive $500 million from the World Bank to support economic recovery in areas devastated by the February 2023 earthquakes, according to a statement. The earthquakes killed more than ...
ANKARA, Sept 7 (Reuters) - The World Bank plans to increase its exposure to Turkey to $35 billion within three years, the bank's Turkey country director was quoted as saying by Turkish state-owned ...
In a Reuters poll, the economy was forecast to have expanded 2.3% in the first quarter. Turkey's economy had grown 3.0% ...
Hafize Gaye Erkan, the first woman to lead Turkey's central bank, has resigned after facing allegations of nepotism and media scrutiny. Fatih Karahan, appointed as Erkan's replacement, has ...
The World Bank is in advanced talks to potentially double its exposure to Turkey to $35 billion to help stabilize the Middle East’s largest non-oil economy, according to people with direct ...
The bank estimates that the earthquakes would also shave at least half a percentage point off Turkey's forecast gross domestic product growth of 3.5% to 4% in 2023, Humberto Lopez, World Bank ...
ISTANBUL, Oct 25 (Reuters) - The World Bank is holding talks with Turkey to increase financing to Ankara beyond the $35 billion it has already provided through 2028, a source with knowledge of the ...
The World Bank announced Thursday $1.78 billion in aid to Turkey. The World Bank announced Thursday $1.78 billion in aid to Turkey to help relief and recovery efforts after a massive earthquake ...
ISTANBUL (Reuters) - Turkey's monthly inflation rate is expected to be 2% in May, impacted by higher clothing and fruit ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The earthquake that hit Turkey this month caused $34bn of damage, according to an assessment by the World ...