(Hurriyet.com) - Andrew Vorkink, representative for the World Bank in Turkey, stated, Turkey has overcome the recent global fluctuation thanks to such shock absorbers as its high foreign exchange reserve, the increasing direct foreign capital, independent Central Bank and a healthy banking system.
Vorkink also stated that the $500 million loan the World Bank gave to Turkey to support reforms like those related to Social Security, proves their trust in the Turkish economy, reports Trend.