Turkish Treasury and World Bank sign US$ 455.4 million deal for environmental program
Turkish treasury signs deal for $455.4 loan with World Bank
The Turkish Treasury said Monday it had signed with the World Bank a $455.4 million deal under a program to support environmental sustainability and energy sector development.
The deal with a maturity of 15.5 years and 8-year grace period was signed on April 6, the Treasury said.
The loan will be used to fund reforms aimed at sustainable environmental management and and climate as well as in development project for energy sector.
9 April 2012
SOURCE: CUMHURIYET ENGLISH
