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12 billion dollars of the 18 billion dollar package will be offered to the private sector

The World Bank announced that the newly presented 18 billion dollar package within the scope of the Country Cooperation Framework (CPF) prepared for Turkey will be a great support for the private sector and the development of the country. Approximately 12 billion dollars will be directed to the private sector, focusing on the goals of competing in global markets and increasing local employment.

12 billion dollars of the 18 billion dollar package will be offered to the private sector

The remaining financing of the CPF will be directed to areas such as mitigating the effects of last year's earthquakes, increasing energy security and combating climate change. In addition, it was emphasized that the issues that the CPF would and would not finance were clearly stated, and the areas on which the framework would focus were clearly outlined.

With the World Bank Group sharing the details of the CPF last week, it is stated that the cooperation framework covering the 2024-2028 fiscal years offers a strategic road map for productivity increase, employment and public services development, and a Turkey that is resilient to natural disasters.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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