W.Bank's director says Turkey's mid-term program 'sound'

World Bank's Country Director for Turkey Ulrich Zachau said that Turkey's mid-term program had been implemented well so far.

W.Bank's director says Turkey's mid-term program 'sound'


World Bank's Country Director for Turkey Ulrich Zachau said that Turkey's mid-term program and fiscal plan were sound, and had been implemented well so far.

He added that Turkish government would probably be able to do better than the figures which were envisioned for fiscal plan in 2010.

Replying a question about Turkish economy during IMF meetings in Washington, Zachau said that Turkish government's current macro-economic policies were good.

The budget showed a high performance when compared to the plans previously made, he said.

Zachau said that Turkey's main issue was to create more employment area to more people.

Zachau also stressed that the partnership between Turkey and World Bank was very strong and important.

He said that World Bank was expected to provide three billion USD of loan to Turkey in 2010 fiscal year.

Zachau said that Turkey was a leader in disaster management, energy productivity and renewable energy areas, adding that energy reform advanced in Turkey very rapidly and well.


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Last Mod: 25 Nisan 2010, 11:22
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