IBRD Loan: USD 700 Million Equivalent
Terms: Maturity = 26.5 years; Grace = 9 years
Project ID: P123073
Project Description: The Second Restoring Equitable Growth and Employment Development Policy Loan for Turkey aims to support the Government of Turkey's efforts to promote equitable growth and job creation over the medium term. This will be done by advancing critical business climate and broadening competitiveness reforms, while carrying forward Turkey’s public expenditure reform agenda with a focus on the delivery of inclusive social programs at sustainable cost.