Breaking News in Baku, Azerbaijan
Exciting news as the European Bank for Reconstruction and Development (EBRD) Board of Directors gear up for a pivotal visit to Türkiye from September 15 to 20. This visit will involve strategic consultations with top government officials, business leaders, and civil society organizations.
The EBRD delegation, led by Yasemin Girici, Director for Türkiye, Romania, and Azerbaijan, aims to focus on Türkiye’s southeastern region, which suffered greatly from devastating earthquakes in 2023. The EBRD has already allocated 1.5 billion euros for relief efforts, supporting businesses, individuals, SMEs, and critical infrastructure.
In addition to earthquake recovery, the EBRD remains committed to green investments, financial resilience, and inclusive growth in Türkiye. Their record investment of 2.5 billion euros in 2023 highlights their dedication to the country’s future prosperity.
With a history of over 20 billion euros invested in Türkiye since 2009, through 451 projects primarily in the private sector, the EBRD’s visit marks a significant step towards continued support and collaboration. Stay tuned for updates!
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