WASHINGTON, August 29, 2017 - The World Bank's Board of Executive Directors today approved:
Inclusion and Growth Development Policy Financing (RIG-DPF)
IBRD Credit: €350.9 Million ($400 Million equivalent)
Terms: Maturity = 10 years including Grace = 3.5 years
Project ID: P162071
Project Description: The loan is helping promote sustainable and inclusive growth in Turkey by focusing on increasing domestic savings, enhancing economic participation among vulnerable groups, and addressing structural bottlenecks through policy reform.