
Wednesday, August 14, 2013
No comments
Abdullah Bozkurt
Turkey has been a fast-emerging donor country in the last couple of years with grants, loans and donations made to foreign countries on the rise. The three-year average of the official development aid between 2010 and 2012 is calculated as $1.6 billion, which is a new record in Turkey's history in the area of humanitarian and development assistance. Turkey's development aid increased almost 30 percent, by $1.2 billion, in 2011 and 98 percent, by $2.4 billion, in 2012 compared to previous years. As the traditional donors' shares have decreased emerging economies like Turkey have been coming along to make up for the declin...