10/9/2009

“Investors’ interest in Turkey rises”

Hurriyet Daily News - The international community has full confidence in Turkey's economic policies and investors’ interest in Turkey is rising, said the country’s Deputy Prime Minister and Economy Minister Ali Babacan while evaluating the recent meetings of the International Monetary Fund (IMF) and the World Bank in Istanbul. Babacan met the high ranking officials of several countries and financial institutions during the annual meetings. In a press conference to assess the IMF-World Bank annual meetings in Istanbul, Babacan said, "Istanbul hosted all the prominent actors of the global economy, these meetings can also be considered as the world’s largest fair of finance and economy." He also noted that Turkish economic officials had the chance to meet executives of international rating agencies and informed them about Turkey's strong economic structure, its good macroeconomic performance in recent years, its superior stance during the economic crisis and the determination it displayed in pursuing its policies. Babacan said those meetings are also important for Turkey to announce an action plan to make Istanbul an international finance hub.