Turkish State Minister To Attend IMF-World Bank Annual Meetings

WASHINGTON D.C. - A crowded delegation headed by Turkish State Minister Mehmet Simsek will attend the International Monetary Fund (IMF)-World Bank Annual Meetings in Washington D.C. on October 13.
Treasury Undersecretary Ibrahim Canakci and Central Bank Governor Durmus Yilmaz take place in the Turkish delegation.
During his stay in Washington D.C., Simsek is set to meet high-level officials of the World Bank and the IMF to exchange views on recent developments both in Turkish economy and the global economy.
Simsek will meet IMF Managing Director Dominique Strauss-Kahn later on Thursday and German Finance Minister Peer Steinbrueck on Friday.
Simsek is also expected to hold bilateral talks with executives of the U.S. Department of Treasury.
He will also attend meetings to be hosted by international investment banks and inform participants on Turkish economy.
The Boards of Governors of the IMF and the World Bank Group normally meet once a year in the autumn for a plenary session to discuss the work of their respective institutions. The Annual Meetings are preceded by the ministerial-level meetings of the International Monetary and Financial Committee (IMFC), the IMF`s policy-guiding body, and the Development Committee, a joint IMF-World Bank forum.
The Annual Meetings, which generally take place in September-October, have customarily been held in Washington for two consecutive years and in another member country in the third year.
Because the Annual Meetings bring such a large number of member country officials together, they provide opportunities for consultations large and small, formal and informal.
(UK-AÖ)
(ECO)