Finance Minister Simsek: Investor interest in Turkiye is not surprising

Minister of Treasury and Finance Mehmet Simsek met with German Minister of Finance Christian Lindner within the scope of the World Bank Group and International Monetary Fund (IMF) Annual Meetings held in Marrakesh, Morocco.

Simsek shared a post about the meeting on his social media account.

Simsek pointed out that Germany, which hosts more than 3 million Turks, is Turkiye’s key partner in many areas from foreign trade to financial and technical cooperation and tourism. “I enjoyed meeting Minister Lindner in Marrakesh. I look forward to working together to help further develop Germany-Turkiye and European Union-Turkiye relations.”

“Investor interest in Turkiye is not surprising”

Economist Timothy Ash, in his post on his social media account about the meetings, said that Minister Simsek and the President of the Central Bank of the Republic of Turkiye, Hafize Gaye Erkan, were the stars of the IMF meetings and that they gave a consistent message of reform and regulation.

Minister Simsek thanked Ash’s post and said, “Given that Turkiye has a strong story, investor interest is not surprising. We are determined to fulfill our commitments, including ensuring price stability, restoring financial discipline and implementing structural reforms.”

Praise from Chief Economist Brooks to Minister Simsek

On the other hand, Institute of International Finance (IIF) Chief Economist Robin Brooks also shared a post praising Minister Simsek, with whom he met in a session within the scope of the meetings.

Brooks noted the following in his post:

“It was a great honor and pleasure for me to discuss the course of Turkiye with Simsek. The Minister explained Turkiye’s transition to orthodox policies and the municipal elections to be held in March 2024 with great sincerity and clarity. Our audience was deeply and positively impressed.”

Source: AA / Prepared by Irem Yildiz

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