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Friday, March 10, 2006

World Bank spells out a reform agenda for Turkey | European Union Enlargement

"World Bank spells out a reform agenda for Turkey

In Short:

Unemployment and education are among the key issues Turkey is advised by the World Bank to address during its journey toward EU membership.

RELATED

* EU-Turkey relations
* EU-Turkey negotiations

Brief News:

In its fresh report entitled 'Turkey: Country economic memorandum 2006,' the World Bank recognises Ankara's reform efforts and economic performance to date and directs attention to future steps to be taken.

The key recommendations include:

* creating new job opportunities and getting more women into the work force
* reducing the 'black economy'
* improving the quality of policy co-ordination across different parts of the country's public administration
* tighter measures to rationalise expenditures, while at the same time increasing the budget for education, infrastructural and rural development and environment
* continuing with reforms to improve tax efficiency and broaden the tax base
* continuing with a determined debt reduction process
* removing administrative barriers to businesses
* advancing with state aid system reform
* boosting technology adoption and innovation
* promoting social inclusion"

More:World Bank spells out a reform agenda for Turkey | European Union Enlargement