The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S. competitiveness on next-generation reactors.

Turkish policymakers are taking steps to deter so-called “hot money” flows into the lira, pushing back against one of the ...

The World Bank on Tuesday revised its growth forecast for Türkiye upward for 2025, citing continued economic momentum and ...

ANKARA, Sept 14 (Reuters) - The World Bank's Turkey director said on Thursday that the economy was heading in the right direction but there was more to do, a week after the bank said it would ...

The World Bank on Monday estimated that the massive earthquake in Turkey earlier this month caused $34.2 billion in damage and rebuilding from the devastation may cost twice as much. The estimated ...

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 ...

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 ...

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 ...

Turkey will receive $1 billion (TL35.43 billion) from the World Bank this year to support the recovery of its earthquake-hit regions, a news report said. The total assistance from the World Bank ...

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, ...

The World Bank will provide Turkey $1.78 billion in assistance for relief and recovery work following earthquakes in the southeast that have killed almost 18,000 people there and in neighboring Syria.

AFP The devastating February 6 earthquake and aftershocks that hit southern Turkey have caused damage worth more than $34 billion in the country, the World Bank said on Monday, February 27.