World Bank president says slow down in economic growth in region may affect Turkey

ANKARA (A.A) – July 20, 2011 – World Bank President Robert Zoellick has said that growth slowed down in the region due to developments in European economy, and it might affect Turkey's exports and direct foreign investments in the country.
However, I believe that economic program of Turkey is very strong, added Zoellick who held a joint press conference with Turkish Deputy Prime Minister Ali Babacan in Ankara on Wednesday.
Zoellick said that they discussed the measures Turkey took after the global economic crisis began, adding that a very fast recovery process was seen in Turkey and some other emerging markets.
Noting that Turkey was an important country, Zoellick said that Turkey's economic program was very strong because Turkey focused on both issues of this year and the restructuring of economy with a strategic approach.
Zoellick also said that Turkey had fulfilled very important structural reforms since 2002.
Zoellick said that his visit to Turkey had two main targets, adding that first one was to discuss what Turkey could do to reach its goals and the second one was to see in which areas World Bank could make cooperation with Turkey.
He noted that Turkey had importance both in global and regional aspects.
Later in the day, Zoellick will attend Turkish Women Entrepreneurs' Association's (KAGIDER) meeting on the Equal Opportunity Model program in Istanbul. He will also visit Natural Disaster Management Coordination Center in Cagaloglu established within the scope of seismic risk mitigation project, supported by the World Bank.