In 2000 and 2001, the Turkish economy was hit by two economic crises that increased poverty and unemployment. At particular risk were poor families who might cut back on their expenses by keeping children out of school or reducing doctor visits. This would have had long-term effects, even after the crisis ended.
In response, in late 2001, the Turkey Social Risk Mitigation Project (SRMP) was launched, supported by an IBRD loan of US$500 million. Its primary objective was to mitigate the impact of the economic crises on the poorest, and to improve their capacity to cope with similar risks in the future. The SRMP provided immediate support (food, heating and medical supplies) to the poorest households affected by the crisis; and also built up the capacity of state institutions providing basic social services and social assistance to the poor, implemented a social assistance system (Conditional Cash Transfers - CCT) targeted to the poorest 6 percent of children conditional on improved use of basic health and education services, and increased the income generating/employment opportunities and access to social services of the poor under the Local Initiatives component.
After 6 years of successful project implementation, the loan closed in March 2008. The project was managed by the General Directorate of Social Assistance and Solidarity (SYDGM). Thanks to the commitment of numerous stakeholders at all levels – the line Ministries of Education, Health and Labor, local authorities, teachers, students, parents and the community at large – the project still continues to ensure a more effective social assistance system in Turkey, an enhanced implementation capacity of the 931 local offices of the SYDGM.