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Türkiye presented its economic outlook to global investors and institutions during the IMF-World Bank Spring Meetings this week, with Finance Minister Mehmet Simsek stressing resilience, strategic positioning and long-term growth potential.
Simsek described the meetings in the United States as intensive and productive, noting that Türkiye engaged with more than 1,000 investors through events hosted by financial institutions and investment banks.
The minister met with leaders of the World Bank, the Asian Infrastructure Investment Bank, the Asian Development Bank and the World Trade Organization, while also holding talks with credit rating agencies.
Türkiye also signed the IN-RAIL project, which aims to position the country at the center of the Middle Corridor linking Asia and Europe.
In parallel, Simsek attended high-level gatherings including the G20, the International Monetary and Financial Committee, the Financial Action Task Force and the Coalition of Finance Ministers for Climate Action.
"All our meetings emphasized that Türkiye will overcome this challenging period stronger, with its strong and resilient economy, strategic position and high potential," he said.
Speaking at a panel titled "The Future of Economic Integration in a Fragmenting World," Simsek said the global economic model built on stable geopolitics has weakened and now requires a framework to manage risks before they escalate.
"Neither can we detach from our neighbors nor from global supply chains," he emphasized, adding that countries should reduce risks while expanding opportunities and diversifying, with energy security a key priority.
He said new trade corridors will be essential, describing the Middle Corridor as a key route and noting Türkiye sees opportunities in this shift, alongside a $8.1 billion World Bank-backed railway project and ongoing talks with Iraq aimed at reconnecting the Gulf countries to Türkiye’s infrastructure network.
Simsek reiterated that Türkiye seeks deeper EU integration but pointed to political constraints. "We hope the Customs Union will be updated," adding trade with the bloc could double within 10–20 years as focus also shifts to nearby markets.
On reforms, he said global shocks should drive structural change and urged that the current shock should not be wasted, while highlighting green and digital transformation and underlining fiscal discipline.
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