International Monetary Fund

Foreign investors trust Türkiye and their worries about the economic program the government implements have disappeared, Finance Minister Mehmet Şimşek has said.

Greece was the pleasant surprise of the European economy that was often mentioned at the Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), National Economy and Finance Minister Kostis Hatzidakis said on wrapping up his visit to Washington.

The inexperience of the SYRIZA government (2015-2019) forced Greece to undergo another five tough years, noted Charles Dallara, the former Institute of International Finance head who in 2012 led negotiations on a major haircut on Greece's private-held debt, known as the private sector involvement (PSI).

The International Monetary Fund (IMF) is very much supportive of the reform program in place in Türkiye, says Alfred Kammer, director of the IMF European Department.

"That's also what we would be recommending to Türkiye, what the economic team there is carrying out," Kammer said at the press conference on the release of the European Economic Outlook in Washington on April 19.

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday.

The key word for Greece and Europe is competitiveness, said National Economy and Finance Minister Kostis Hatzidakis in interviews with the Bloomberg and CNBC television networks.

WASHINGTON - National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic, who is also Serbia's Governor to the IMF, attended a meeting of the International Monetary and Financial Committee (IMFC) on Friday.

The meeting of the IMF advisory body was held in Washington as part of the current IMF/World Bank Group Spring Meetings.

WASHINGTON - At a Washington investor meeting, Serbian Finance Minister Sinisa Mali spoke with representatives of the top US and international companies and investment funds.

Mali, who is in Washington for the IMF/World Bank Group Spring Meetings, gave a presentation of Serbia's economic performance and opportunities for investing in the country.

WASHINGTON - Serbian Finance Minister Sinisa Mali said a new Standard & Poor's report on Serbia, due in October, may give the country investment-grade credit rating as early as this year.

Mali said this after a meeting with the credit rating agency's representatives in Washington, where he is attending the IMF/World Bank Group Spring Meetings.

Treasury and Finance Minister Mehmet Şimşek has said they will continue to support the Central Bank's fight against inflation with fiscal policy.

The economic program aims to restore price stability and fiscal discipline while addressing macroeconomic challenges, such as reducing the current account deficit, Şimşek stressed.