Istanbul’s secular mayor knocking on European doors for funding

Author: 

article author: 

MENEKSE TOKYAY

Tue, 2019-11-26 00:37

ANKARA: The secret behind the latest wave of European visits made by Istanbul’s Mayor Ekrem Imamoglu has finally been revealed: To ask for international funding for the urban projects of the metropolitan municipality.

Imamoglu announced on Sunday that Turkey’s state-run banks are reluctant to lend routine loans to the municipality — even for paying salaries — and that this has led him to ask European countries for funding.

Main category: 

Middle-East

Tags: 

Istanbul

Ekrem Imamoglu

Turkey

Special

from ArabNews https://ift.tt/2QSa00g
via Latest News of Dubai