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Europe and Central Asia

Video series documents Bank-supported projects in Turkey

Angie Gentile's picture

Over the next five days, the Bank will be featuring a series of video stories, documenting the challenges and results of projects aimed at addressing Turkey’s vulnerabilities to earthquakes, as well as issues related to health care, landfill environmental protection, small business growth, and women’s development.

Marwan Muasher, World Bank Senior Vice President for External Affairs, talks with Turkish NTV. Photo credit: Simone D. McCourtie/World BankToday’s feature showcases work being done by the Turkish government, with help from the World Bank, to protect the beautiful, ancient city of Istanbul and its inhabitants against the threat of earthquakes. See the video.

Speaking earlier today with Turkish NTV, Marwan Muasher, World Bank Senior Vice President for External Affairs, emphasized the Bank’s commitment to helping all countries work through the economic crisis. He added: “For Turkey in particular, we are focused on helping spur a recovery in domestic consumer demand, as well as job creation. Social protection is very important, to help safeguard those groups most vulnerable to the impact of the slowdown, particularly children and young workers.”

• Turkey: World Bank Country Brief 2009
• Ten Things to Know About the World Bank in Turkey
• Turkey and the World Bank: News and Events
• World Bank Projects and Programs in Turkey

Annual Meetings get underway

Angie Gentile's picture

Istanbul Congress Center. Photo credit: Simone D. McCourtie/World BankThe buzz is building in Istanbul, our beautiful host city, as delegates, press and CSOs from around the world begin pouring in for the 2009 joint Annual Meetings of the World Bank and IMF.

The press room opened Monday, providing temporary work quarters for the more than 1,200 registered media who are covering the events over the next week for news outlets large and small.

They are joined by representatives from civil society organizations here to take part in a Civil Society Policy Forum being held from October 2-7. The event is jointly organized by the World Bank Group and IMF civil society teams. The forum will bring together Bank and Fund staff, CSO representatives, including from Oxfam, Civicus and Africa Monitor, to name a few, along with government officials, academics, and others to exchange views on a variety of topics ranging from the global economic crisis and climate change, to governance reform. Bank President Robert B. Zoellick and Fund Managing Director Dominique Strauss-Kahn will co-host a CSO townhall meeting Friday afternoon.

Turkey: Host of 2009 Annual Meetings

Sameer Vasta's picture

Sunset in Istanbul by Nick Leonard

The 2009 Annual Meetings kick off in a few short days in Istanbul, Turkey. A dynamic emerging-market economy strategically located between Europe and Asia, Turkey joined the World Bank in 1947 is the World Bank's largest borrower in the Europe and Central Asia Region.

The Annual Meetings will be held in the newly-built Istanbul Congress Centre, a state-of-the-art conference facility that opened two weeks ago. The Meetings will be the first major event to be hosted at the new facility.

Critical investments in safety nets to rise

Sameer Vasta's picture

Ngozi Okonjo-Iweala, World Bank Group Managing DirectorIn light of the global economic crisis, the World Bank announced today that its investments in safety nets and other social protection programs in health and education are projected to triple to $12 billion over the next two years.

Additionally, the Bank also increased its fast track facility for the food price crisis to US$2 billion from US$1.2 billion. As World Bank Group Managing Director Ngozi Okonjo-Iweala explains:

"The continuing risky economic environment, combined with continuing volatility for food prices, means for poor people the food crisis is far from over. Many poor countries have not benefitted from some moderation of food price spikes in global markets. The decision to expand the facility will help ensure fast track measures are in place for continued rapid response to help countries."

More information about today's announcements:

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