The special topic of this edition of the Macroeconomic Monitoring report focuses on the TC administration's 'public' financial support to the agriculture sector. Due to the Turkish lira depreciation, the recent adverse climate conditions, and exacerbated by the COVID-19 crisis, the agriculture...

The Turkish lira (TL) has depreciated to an extent not seen since the 2001 crisis, reaching its lowest level in September 2018 (TL 6.37/US 1.00 dollar), losing 66 percent of its value against the US dollar since January 2018. This Regular Economic Report focuses on the likely impact of the...

Following an unprecedented exchange-rate depreciation in 2018 that hammered both the Turkish and the Turkish Cypriot (TC) economies, the previous economic recovery in the TC economy collapsed. The fiscal deficit continued to shrink as the TC administration reduced expenditure due to declining...

This report profiles poverty and assesses the performance of the social assistance (SA) system in the Turkish Cypriot community (TCc). The aim of this report is to provide information and evidence-based analysis to policy-makers on the determinants of poverty in the TCc and on the effectiveness...

The Turkish Cypriot economy (TCe) has struggled to recover since the onset of the COVID-19 pandemic in early 2020. With a contraction of 16.2 percent in GDP in 2020, when the COVID-19 pandemic first took hold, the TCe experienced the most severe recession in its history, and the most severe...

This activity, which is part of the World Bank's European Commission (EC) - funded multisectoral engagement in the Turkish Cypriot community (TCc), aims to support the efforts to promote women's economic engagement, in particular by identifying constraints and required support for female...

This report is part of a larger series of stocktaking and analytical products on plastic pollution in South Asia. It supports the Bank's commitment to work with countries of South Asia to pursue and scale-up policies and programs that help them move toward a circular plastic economy and, in...

In 2015, a global study estimating inputs of plastic waste into the oceans ranked Indonesia as the second largest contributor to plastic marine pollution. In 2017, another study ranked four Indonesian rivers in the world's most polluting top 20. The challenge of plastic waste and marine debris...