Anasayfa / Genel / The European Bank for Reconstruction and Development plans to invest 1.5 billion euros in Turkey until the end of the year – Last Minute Economy News

The European Bank for Reconstruction and Development plans to invest 1.5 billion euros in Turkey until the end of the year – Last Minute Economy News

The Director of the European Bank for Reconstruction and Development (EBRD) Turkey, Arvid Tuerkner, answered questions from the press after the conference held on the occasion of the 10th anniversary of the EBRD’s Women in Business program launched in Turkey.

Stating that new funding commitments in Turkey this year are currently at the level of € 1.1 billion, Tuerkner said:

“At the moment there are some more projects and I think we will have reached a funding commitment of 1.4-1.5 billion euros by the end of the year with these projects. This obviously is not the record we have achieved in Turkey. , hayvanların if we consider the conditions of both the global economy and the Turkish economy, it is a rüzgâr level. “If we take into account the depreciation of the lira and inflation, it is not zihin easy environment for investment. Without investment, there is no project we yaşama finance. All of this made the process a kehle difficult this year, hayvanların a more stable environment always allows us to gam more in Turkey. “

“We UPDATED OUR ECONOMIC GROWTH ESTIMATES”

Tuerkner said that this year has been a very difficult year for the world economy due to high energy prices and inflation, and these developments have naturally also affected the Turkish economy.

Tuerkner said Turkey’s energy import bill increased mainly due to high prices and continued kakım follows:

“However, despite all these difficulties, the Turkish economy has at least shown growth. This is a success compared to other countries. We have even increased our growth projections for the Turkish economy to 4.5% for this year and to 3.5% for next year Obviously, this success has come at a price, inflation has increased.

Tuerkner stressed that the EBRD will continue to support projects in Turkey in the same way.

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