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Minister Şimşek meets with his US counterpart Yellen

Treasury and Finance Minister Mehmet Şimşek met with US Treasury Secretary Janet Yellen. According to the statement, Yellen praised Turkey's commitment to strong and predictable economic policies, noting that these policies have led to a significant improvement in the Turkish economy and helped inflation enter a downward trend.

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Minister Şimşek meets with his US counterpart Yellen

In a statement released by the US Department of the Treasury, it was noted that Yellen met with Şimşek and Karahan on the sidelines of the International Monetary Fund (IMF) and World Bank Annual Meetings.

The statement noted that Yellen praised Turkey's commitment to strong and predictable economic policies, stating that these policies have led to a significant improvement in the Turkish economy and helped inflation enter a downward trend.

The statement further noted, "Yellen and Şimşek also discussed the importance of sanctions compliance and the prevention of the abuse of the Turkish financial system by sanctions evaders and terrorist groups."


News Source: 12punto

USA bank World Bank Economy Inflation Department of the Treasury Turkish economy