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Turkey - Performance and Learning Review of the Country Partnership Framework for the Period FY18-FY21 (Inglês)

This Performance and Learning Review (PLR) assesses the implementation to date of the World Bank Group (WBG) Country Partnership Framework FY18-FY21 (CPF) for Turkey and evaluates where it has supported the government’s program and where it is making progress towards the WBG’s goals of ending extreme poverty and boosting shared prosperity. Since the CPF was launched in August 2017, Turkey has experienced important political, institutional and socio-economic changes and has witnessed significant macro-financial volatility that resulted in a marked economic growth slowdown. The WBG is using the flexibility embedded in the CPF design to make adaptations to the program at this PLR stage to take into account progress achieved, to allow for more time to implement programs and to respond to new issues. In addition, during the CPF, the government launched its eleventh Development Plan (DP, 2019-2023) and its New Economic Program (2018- 2021) and the PLR ensures continued alignment between these client strategies and the WBG program. The relevance of the CPF’s three focus areas: 1) Growth; 2) Inclusion; and 3) Sustainability is confirmed in the PLR. Amendments are proposed to some of the objectives and indicators within these areas to reflect where the adapted program will focus and the appropriate scale of ambition going forward. The PLR proposes extending the CPF by two years to encompass FY22 and FY23. The WBG has carefully managed its engagement in Turkey as regards the shift in the use of IBRD instruments during the CPF period and adjusting IFC’s program to the evolving situation of the private sector in the country. The CPF would benefit from additional time for implementation so that a critical mass of CPF results can be achieved, while also creating the space for the WBG to work with Turkey to deepen engagement in areas that are important for IBRD graduation. Furthermore, the government has requested the WBG to align the CPF period with Turkey’s Eleventh DP, that itself covers the 2019-2023 period.


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    Country Partnership Framework

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    Regiões Mundiais,

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    Turkey - Performance and Learning Review of the Country Partnership Framework for the Period FY18-FY21

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    national poverty reduction strategy; Recipient-Executed Trust Fund; climate change and disaster risk; Partnership for Market Readiness; multilateral investment guarantee agency; sustainable urban water supply; Environmental and Social Management System; Turkish Court of Accounts; energy sector technical assistance; access to international capital markets; Completion and Learning Review; female labor force participation; food value chain; global value chain; active labor market program; Global Trade Finance Program; Policy and Institutional Framework; targeted income-support; reliability of energy supply; combination of debt restructuring; community health and safety; Public Financial Management; electricity distribution company; access to external finance; school-based management; last country; target income support; climate co-benefits; legal and regulatory framework; urban solid waste management; Public Private Infrastructure Advisory Facility; Vocational and Technical Training; refugee-hosting country; access to finance; in school; Poverty and Equity; climate smart agriculture; sustainable urban transport; external market pressure; number of refugees; global public good; total tax revenue; financial sector institution; average travel time; number of women; private sector financing; renewable energy capacity; private equity fund; million people; Poverty & Inequality; health systems; energy efficient buildings; lines of credit; nutrition and education; Early childhood education; IS Building; private sector company; collective investment vehicle; Supply Chain Finance; trade in services; financial intermediary loans; central government institution; safe learning environment; direct tax revenue; Corporate Debt Restructuring; Capital Adequacy Ratio; municipal bond market; credit market condition; learning quality; tax on income; state of emergency; cost of access; medium-term fiscal strategy; corporate income tax; perceptions of risk; social assistance program; long term loan; employment subsidy program; cost of finance; foreign exchange debt; social insurance scheme; irrigation or drainage; social assistance spending; capacity building support; forest sector review; Foreign Exchange Reserve; labor market dynamic; influx of refugees; intelligent transport system; urban public transportation; Natural Resource Management; macroeconomic policy framework; bank balance sheet; expansionary monetary policy; Sustainable Energy Finance; civil society participation; improvements in access; incidence of poverty; market risk assessment; state-owned enterprise; current account deficit; lack of competitiveness; food price inflation; Investment Products; low income household; dollar exchange rate; number of passengers; primary education reform; capital investment planning; Water Resource Management; agriculture and forestry; Type of Investment; long term funding; corporate debt security; private sector funding; urban development planning; private sector involvement; municipal development bank; capacity of institutions; state land; incorporate gender; quality of job; introduction of tax; waste to energy; capital market instruments; international carbon markets; tax policy advice; global risk aversion; local currency bond; construction and operation; disaster risk management; capital market development; local currency financing; level of capacity; community of practice; global economic outlook; capacity for implementation; political decision making; private sector partner; employment of woman; safety of worker; business continuity plan; labor market integration; exchange rate depreciation; quality of education; country of origin; government borrowing requirement; financing for woman; rooftop solar; enhancement of woman; energy efficiency investment; decline in productivity; education and health; personal income tax; municipal energy efficiency; income generation opportunities; agriculture and service; ratio of women; inequality of opportunity



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