Turkey Secures World Bank Loan

The World Bank will lend USD500 million to help generate employment and boost economic growth in Turkey, Anatolia news agency reported. “Turkey’s program aims to improve international competitiveness and the conditions for private investment and the creation of jobs, particularly in the former sector,” said Ulrich Zachau, the bank’s country director for Turkey. (“WB to extend USD500 mln loan for Turkey” - Xinhua News Agency, Dec. 18, 2008)

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