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WORLD BANK PLANNING TO LEND 3 BLN USD LOAN TO TURKEY

ANKARA - The World Bank is planning to grant 3 billion USD of loan to Turkey in 2010 fiscal year, the Turkish Treasury Undersecretariat said on Friday.

08.01.2010 - Update : 08.01.2010
WORLD BANK PLANNING TO LEND 3 BLN USD LOAN TO TURKEY

A statement of the undersecretariat said that the bank was planning to release 3 billion USD of loan for Turkey between July 1, 2009 and June 30, 2010.
In 2011, the bank will provide 1.4 billion USD of loan for Turkey.
Thus, the bank will grant a total of 4.4 billion USD of loan to Turkey. The amount of loan the World Bank has provided for Turkey between 2008 and 2011 within the scope of the country partnership strategy (CPS) will reach 7.7 billion USD.
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