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 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 ...

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.

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 ...

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 ...

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

On Tuesday, the World Bank revised its economic growth forecast for 2025, lowering it by 0.4 percentage points to 2.3 percent ...

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 ...

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.

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 ...