Türkiye overview

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Türkiye cityscape

The EBRD will focus on the following strategic priorities in Türkiye for 2019-2024:

  • strengthening resilience of the financial sector and develop domestic capital and financial markets;
  • fostering Türkiye’s knowledge economy and higher value-added activities, and promote good governance;
  • promoting economic inclusion and gender equality through private sector engagement;
  • accelerating Türkiye’s green economy transition and regional energy connectivity.

As well as being a country of operation, Türkiye is also a donor to the EBRD with a total contribution of €31 million. Türkiye established its first bilateral donor fund with EBRD in January 2019, for an amount of €25 million.  The fund aims to support projects in Türkiye, Azerbaijan, Moldova, Romania and the Kyrgyz Republic, with the potential to also support Moldova. The fund prioritises projects for SME development, financial sector stability, sustainable infrastructure, energy efficiency, governance and economic inclusion.  In 2013, Türkiye provided EU funding to EBRD for its Women in Business programme.

The EBRD’s latest Türkiye strategy was adopted on 24 July 2019.
 

Türkiye in the EBRD's 2022-23 Transition Report

Watch this video and hear from some of the people and projects we have supported in Türkiye. From women entrepreneurs to small businesses, green projects as well as large scale infrastructure - we're doing more than ever before in Türkiye.

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Türkiye's policy response to the coronavirus crisis

The EBRD is monitoring Türkiye's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

Current EBRD forecast for Türkiye’s Real GDP Growth in 2022 4.5%

Current EBRD forecast for Türkiye’s Real GDP Growth in 2023 3.5%

During 2022, the authorities have persisted with the New Economic Model – an unorthodox policy approach introduced in September 2021, which aims to increase export competitiveness and private investment, and relies on a rebalancing of the current account to bring price stability. This is in spite of significant external challenges to the model. These include the Russian invasion of Ukraine, which has caused commodity prices to increase sharply, and a tightening of monetary policy in advanced economies which has resulted in rise in perceived risks of emerging markets.
 

Türkiye IN THE EBRD’S 2020-21 TRANSITION REPORT

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