Turkey’s economic development has global significance, given its size, role as a regional power, and strategic location, bridging East and West. Turkey is a member of the Organization for Economic Co-operation and Development (OECD), and the prospect of European Union (EU) accession remains a key anchor of political and economic reforms. Turkey, with a population of 70.6 million, is one of the large middle-income partners of the World Bank Group (WBG).
Turkey is the largest borrower in the Europe and Central Asia Region and it has been the third largest World Bank borrower in terms of new commitments of over US$1।5 billion during the last three years. Turkey is currently IFC’s fifth largest exposure after Russia, India, China and Brazil. As of September 2007, IFC’s committed portfolio totaled US$1.6 billion.For further information follow the below link:
