The World Bank Has Approved a $750 Million Loan for an Agricultural Food Project.
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The World Bank will provide $750 million in financing to support agricultural food businesses and producer organizations in Türkiye. With this new funding, Türkiye's long-term, favorable external financing from the World Bank will exceed $9 billion by 2026. 🚆
The World Bank Group has approved the $750 million TARGET Project in Turkey, aimed at increasing access to finance in the agri-food sector, stimulating private sector investment, and supporting employment.
According to information obtained from the Ministry of Treasury and Finance, Türkiye's efforts to secure favorable external financing are ongoing. Within this context, the Transformation of the Turkish Agricultural Food Sector...
The World Bank will provide $750 million in financing for the Transformation of Türkiye's Agricultural Food Sector Project.
The World Bank will provide $750 million in financing for the Transformation of Türkiye's Agricultural Food Sector Project.
The World Bank has approved $750 million in financing for the Transformation of Turkey's Agricultural Food Sector Project. The project will be implemented by the Ministry of Agriculture and Forestry and the Agricultural and Rural Development Support Institution (TKDK); this funding will bring the total external financing provided by the World Bank for all sectors to over $9 billion by 2026.
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