4/11/2008

World Bank urges Turkey to continue reforms

Hurriyet - A senior World Bank official urged Turkey on Wednesday to continue reform efforts to improve investment atmosphere as the high-level Turkish officials left Ankara to attend the annual spring meetings of the IMF and World Bank. The closure case against the ruling AKP had been partly absorbed by the markets and Turkey should continue reforms, Sigeo Katsu, the Vice-President of the World Bank told reporters in Washington. Katsu added they have been monitoring developments on the AKP lawsuit and Turkey has a more resilient economy. ''It is not my job to predict by looking at a crystal sphere. But I think Turkey is more resilient than it was before," he was quoted as saying by the Anatolian Agency.