Minister Şimşek made a statement on his social media account. Şimşek said, "The World Bank's decision to significantly increase its interest in Turkey is another confirmation of our medium-term economic programme. The Bank plans to double its financing to Turkey's public and private sectors to $35 billion over the next 3 years.

We recognise the World Bank's invaluable partnership and strong commitment to Turkey's economic development. This is in addition to the United Arab Emirates' previously announced 3-year investment plan of approximately $51 billion. The availability of such significant external financing undoubtedly enhances the successful execution of our programme.

Our medium-term economic programme aims to ensure macroeconomic and financial stability, promote inclusive and sustainable growth, and successfully complete post-earthquake reconstruction through well-calibrated monetary, fiscal and structural policies. The programme focuses on reviving reform momentum to boost productivity."