Within the scope of Türkiye's foreign financing efforts with favorable conditions, 750 million dollars of financing was provided from the World Bank for the transformation of the agricultural food sector.
Within the scope of Türkiye's foreign financing efforts with favorable conditions, 750 million dollars of financing was approved from the World Bank for the Agri-Food Sector Transformation Project.
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Türkiye continues its efforts to obtain long-term and favorable external financing within the framework of the Medium Term Program.
According to the information obtained by the AA correspondent from the Ministry of Treasury and Finance, Türkiye's efforts to obtain external financing with favorable conditions are continuing.
In this context, the Transformation of the Turkish Agri-Food Sector Project was approved by the World Bank Board of Executive Directors.
The project will receive 750 million dollars of financing from the World Bank. The project will be carried out by the Ministry of Agriculture and Forestry and the Agriculture and Rural Development Support Institution (TKDK).
Within the scope of the project, it is aimed to strengthen the competitiveness and integration of agricultural food value chains in Türkiye and to improve the productivity, added value, growth and market access capacities of agricultural food enterprises and producer organizations.
With this resource, the long-term and favorable conditional external financing provided by the World Bank for all sectors in 2026 will exceed 9 billion dollars.
"Our cooperation with the World Bank will continue"
In his evaluation on the subject, Minister of Treasury and Finance Mehmet Şimşek stated that the cooperation established with the World Bank on issues that will strengthen Türkiye's production ecosystem will continue and said:
"With our economic program prioritizing sustainable growth and social welfare, our efforts to obtain long-term and favorable external financing within the framework of the Medium Term Program do not slow down. With this loan, our support for agriculture and rural development will continue strongly."
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Continuing support for agriculture and rural development
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