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Country data
- Population:
- 71 million
- Area:
- 783,600 sq km
- Capital:
- Ankara
- Currency:
- New Turkish Lira
Key developments and challenges
- Economy expected to contract by about 6 per cent in 2009 and bounce back in 2010
- Outlook remains positive as EU accession process should support convergence and sustainable long-term growt
- Main macroeconomic risks stem from low consumer and investor confidence, slow recovery of main trading partners and failure to stabilise growing fiscal imbalances
- Turkey will remain dependent on domestic and external funding to finance its twin fiscal and current account deficits.
Turkey
Key facts about the EBRD's work in Turkey
|
No. of projects |
14 |
|---|---|
|
Net business volume |
€298.9 million |
|
Total project value |
€657.4 million |
|
Gross disbursements |
€160.2 million |
|
Portfolio in private sector |
100% |
Disbursements 2009-10
Sectors we focus on in Turkey
- Liberalisation and privatisation
- Business environment and competition
- Power and energy
- Municipal sector infrastructure
- Telecommunications
- Financial sector
Sector breakdown of current projects
Our strategy in Turkey
The Bank aims to increase availability of risk capital and long-term funding to the micro, small and medium sized (MSMEs) enterprises.
Investments elsewhere in the enterprise sector will focus on agribusiness: priority will be on strengthening linkages and standards along the food chain and stimulating a food supply that meets European quality standards.
The Bank also aims to promote favourable market conditions for the development of energy efficiency and renewable energy through its investments. And it will support the government’s privatisation programme in the enterprise and financial institutions sectors.
NEWS
CONTACTS
Büyükdere Caddesi, 185
Kanyon Ofis Binası, Kat: 2
Levent
34394 Istanbul
Turkey
Tel: +90 212 386 1100
Fax: +90 212 386 1199
Highlights
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Flagship reports
The EBRD's principal corporate publications.
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The global financial crisis
We have responded to the crisis with decisive and extensive measures.
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Sustainability
We're committed to sustainable growth and development.
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Our strategies and policies
All our strategies, policies, procedures and related guidelines.
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Speeches and articles
Speeches and articles by EBRD Presidents and senior staff.
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How we are funded
We finance our lending and operational needs by borrowing funds.