Turkey - Second Programmatic Public Sector Development Policy Loan (PPDPL 2) (S)

June 19, 2008

IBRD LOAN:  Euro 255.4 million
TERMS:  Maturity = 22.5 Years; Grace Period = 12.5 Years
PROJECT DESCRIPTION:  The PPDPL series will support a sustained medium-term process of legal, institutional, and structural development that promotes growth, improves public governance and service delivery and strengthens social conditions by (a) maintaining an enabling  macroeconomic framework; (b) reforming the country’s social protection system, (c) continuing the ongoing process of upgrading financial controls and public expenditure management, and (d) improving the administration and governance of the public sector.

Media Contacts
Michael Jones
Tel : (202) 473-2588