World Bank in talks to increase $35 billion Turkey exposure, source says

FILE PHOTO: A general view of residential and commercial areas in Ankara, Turkey, April 1, 2019. REUTERS/Umit Bektas/File Photo

ISTANBUL (Reuters) - The World Bank is holding talks with Turkey to increase financing to Ankara beyond the $35 billion it has already provided through 2028, a source with knowledge of the matter said.

A "further increase" on the $35 billion is expected, the person told Reuters, declining to be named as the discussions are confidential.