Turkish Finance Minister Mehmet Simsek said he will meet with rating agencies, investors and companies planning to shift supply to Türkiye during a visit to the United States this week.
“I will be in America this week for the IMF, World Bank and G20 meetings. We will meet with rating agencies in New York at the beginning of the week and then with direct investors based in America,” Simsek told reporters during a weekend visit to Türkiye’s Black Sea province of Giresun.
“We will meet with real sector representatives, especially US companies that plan to shift their supply to Türkiye, especially following recent developments,” he said, referring to the tariffs imposed by US President Donald Trump.
Last Friday, Türkiye’s overnight interest rate rose to the new upper band of the rate corridor, around 49%, a day after the central bank’s surprise policy tightening.
Those moves followed weeks of market turmoil triggered by the March arrest of Istanbul Mayor Ekrem Imamoglu, President Recep Tayyip Erdogan’s main political rival, and then the imposition of tariffs by Trump.
Simsek said he would attend around 15 bilateral meetings or meetings organized by investment banks each day in the United States, and would convey the message that Türkiye’s economic program will not change.
“In all these meetings, we will say that there is no change in the program, that there is a very strong political will behind the program,” Simsek said.
