Türkiye’s financial system chief is because of go to Qatar and Kuwait to carry talks with officers and meet buyers to pitch the federal government’s revamped financial technique to draw overseas capital.
Treasury and Finance Minister Mehmet Şimşek was scheduled to reach in Qatar on Wednesday, Anadolu Agency (AA) stated, citing data obtained from the ministry.
Şimşek will first meet with Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani within the capital Doha.
He can be anticipated to fulfill with Finance Minister Ali bin Ahmed al-Kuwari and Qatar Investment Authority (QIA) CEO Mansoor bin Ebrahim Al Mahmoud earlier than assembly with buyers as a part of the “Invest in Türkiye” program.
Şimşek will then depart for Kuwait, the place he’ll meet with Minister of State for Economic Affairs and Investments Noora Suleiman al-Fassam and the managing director of the Kuwait Investment Authority, Ghanem Suleiman al-Ghenaiman.
Türkiye has been implementing a decent financial and monetary coverage since final yr to handle a few of its key imbalances, together with present account deficit and overseas trade reserves, and to curb inflation.
The results of the coverage pivot have been acknowledged by overseas buyers, who’ve flocked again to Türkiye over the previous yr, in addition to credit standing businesses, which have upgraded their assessments of the nation.
Source: www.dailysabah.com