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Turkey

Infrastructure

News

Azerbaijani Laundromat to sully Bank’s reputation?

Scandal raises new questions about World Bank loans for Trans-Anatolian Pipeline (TANAP), after civil society previously raised concerns over human rights violations and the negative environmental impact of the project.

27 September 2017

Social services

Analysis

World Bank undermines right to universal healthcare

The IFC’s push for the PPP model, as well as its preference for healthcare ‘provision’ and the results-based payment approach, collectively undermine the human right to universal healthcare and the achievement of the SDGs.

6 April 2017 | At Issue
Mapa del Corredor de Gas del Sur. Crédito: Bankwatch

Infrastructure

Analysis

The rise and fall of World Bank funded megaprojects

The World Bank has announced funding for the controversial Southern Gas Corridor, while exiting two other high profile but problematic megaprojects, Inga 3 in Democratic Republic of Congo and Simandou in Guinea.

31 January 2017

Environment

Analysis

Clean Technology Fund (CTF)

A revised Clean Technology Fund (CTF) pipeline management and cancellation policy has been approved. A document outlining further details on the proposed “CTF 2.0” will be discussed. Approval for reallocation of funds for a Morocco project was challenged by Germany and the decision postponed.

30 November 2016

Environment

Analysis

Climate Investment Funds Monitor 14

New edition of the Bretton Woods Project's biannual Climate Investment Funds (CIFs) Monitor, including an update on the Green Climate Fund, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

30 November 2016

Infrastructure

Analysis

World Bank set to finance criticised mega gas pipeline from Azerbaijan to Europe

The World Bank has announced its intention to fund the Azerbaijan and Turkey part of the Southern Gas Corridor to Europe, despite concerns over the geopolitical context and fossil fuel dependency.

29 June 2016 | Guest analysis

Environment

Analysis

Climate Investment Funds Monitor 13

New edition of the Bretton Woods Project's biannual Climate Investment Fund (CIFs) Monitor, published to coincide with the World Bank-hosted CIFs trust fund committee meetings.

13 June 2016

Environment

Analysis

Clean Technology Fund (CTF)

The upcoming Clean Technology Fund (CTF) resource shortfall continues to raise concerns. A proposal for “CTF 2.0” will be discussed, including two proposed modalities: CTF Green Markets and the Risk Mitigation Facility. Concerns were raised over safeguards for a geothermal energy project in Indonesia.

13 June 2016
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Other news

Accountability

Background

The Syrian migration crisis

Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings discussion the socio-economic impacts of the Syrian crisis, the outgoing flow of migration and the World Bank’s model on how to tackle these issues following its new report.

16 April 2016 | Minutes

IFI governance

Background

After SCOTUS: Next steps in sovereign debt restructuring

Notes of a meeting on sovereign debt restructuring after SCOTUS at the World Bank-IMF annual meetings 2014

9 October 2014

IFI governance

Background

Emerging markets in transition: growth prospects and challenges

Notes of a meeting on emerging markets in transition at the World Bank-IMF annual meetings 2014

8 October 2014

Finance

News

Turkey pays off IMF debt

Turkey discharged its debt to the IMF in May, by paying a final installment of $421 million after decades of loans and stand-by arrangements.

26 June 2013

Finance

News

Turkey to repay IMF debts by April

The Turkish prime minister, Recep Tayyip Erdogan, declared in September that "we will cut it [our $1.3 billion IMF debt] to zero by next April", according to Anatolia News Agency.

6 December 2012

Social services

News

IMF-sponsored pension reform prompts Turkish strikes

In early March Turkish unions conducted a two hour "warning strike" to protest against IMF-supported plans for pension plan and health insurance reform.

1 April 2008

Conditionality

News

Turkish bankers, unions question need for IMF

The governor of the Turkish central bank, Durmuş Yılmaz, cast doubt on whether Turkey would renew its arrangement with the IMF.

5 October 2007

Environment

News

Baku Ceyhan human rights activist arrested

Activist Ferhat Kaya was arrested by the Turkish authorities in early May following his work…

28 May 2004
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