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Turkey - Country partnership framework for the period FY18 - FY21 (English)

This Country Partnership Framework (CPF) for Turkey covers the period FY18-21. Itis aligned with the objectives of Turkey’s 10th Development Plan and is based on the findings of aWorld Bank Group (WBG) Systematic Country Diagnostic (SCD) that was finalized in February 2017. The CPF aims to help Turkey to achieve its development objectives through building on the foundations of the existing program and consolidating gains in key areas where the WBG is already active, as well as developing the program further in areas which target the WBG twin goals of reducing extreme poverty and boosting shared prosperity. The CPF puts forward a flexible approach for the WBG’s program that is appropriate for a middle-income country of Turkey’s size and takes account of the evolving country and regional situation.The choice of CPF priorities and objectives was informed by a broad consultative approach undertaken both in the preparation of the SCD and of the CPF.The SCD also identified these challenges under its pillars of Solid Foundations and Dynamic Firms. The CPF objectives are grouped into three focus areas with nine CPF objectives.These challenges form the basis for the choice of CPF objectives under this first Focus Area: (i) increased fiscal space; (ii) enhanced access to finance to underserved segments; and (iii) enhanced competitiveness and employment in select industries. The second focus area supports WBG in this area aims to consolidate Turkey’s success towards achieving the twin goals while also supporting efforts to reach those who are left behind. This CPF objective has the goal of improving efficiency and effectiveness in social assistance and strengthening the evidence-base for policies aiming to narrow gaps between regions and ensure greater inclusion of vulnerable groups. The third focus area program will help address the SCD-highlighted challenge of reorienting growth towards a more green, resilient and sustainable pattern.

Details

  • Document Date

    2017/07/28

  • Document Type

    Country Assistance Strategy Document

  • Report Number

    110906

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Türkiye,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2017/08/31

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2017-08-29T00:00:00Z

  • Doc Name

    Turkey - Country partnership framework for the period FY18 - FY21

  • Keywords

    Program for International Student;multilateral investment guarantee agency;Financial Sector;Micro, Small and Medium Enterprise;information and communication technology;female labor force participation rates;purchase of goods and services;current account deficit;gender gap in access;active participation of woman;central government budget deficit;persistent current account deficit;efficiency of energy consumption;Macro Economics & Fiscal Management;global financial crisis;access to financing;consumption per capita;global liquidity;extreme poverty;total tax revenue;financial sector risk;education and health;Capital Adequacy Ratio;return on asset;quality of exports;income tax law;high growth rate;trade and investment;capital market development;deterioration in credit;growth in agriculture;Type of Investment;national development objective;capital market instruments;Supply Chain Finance;distressed asset resolution;diversified payment right;financial sector assessment;direct tax revenue;municipal bond market;financial sector investment;availability of fund;design of reforms;monetary policy decision;foreign direct investment;trade in services;Rule of Law;capital investment planning;access to skill;human capital accumulation;maternal mortality rate;extreme poverty line;purchasing power parity;expenditure per capita;Innovation and Entrepreneurship;proportion of woman;global risk aversion;central government expenditure;open currency position;expansionary fiscal policy;monetary policy framework;income generation opportunities;regional poverty line;reduction in poverty;prudent fiscal management;customs union agreement;consumer price index;government bond yield;investment grade status;current account balance;higher government spending;quality of investment;private sector representative;civil society actor;financial sector reform;freedom of movement;state of emergency;transfer of asset;

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Citation

Turkey - Country partnership framework for the period FY18 - FY21 (English). Washington, D.C. : World Bank Group http://documents.worldbank.org/curated/en/585411504231252220/Turkey-Country-partnership-framework-for-the-period-FY18-FY21