Finance Minister Şimşek Heads to U.S. for G20

High-level investor meetings, credit rating agency visits, and bilateral diplomacy set to shape Türkiye’s economic narrative abroad

NEW YORK / WASHINGTON – April 2025 — Turkish Treasury and Finance Minister Mehmet Şimşek has embarked on an official visit to the United States to attend the G20, IMF, and World Bank Spring Meetings, where he is expected to hold a series of strategic investor talks and diplomatic engagements aimed at bolstering international confidence in Türkiye’s economic program.

The minister’s trip began in New York, where he will engage in broad investor outreach and participate in think tank panels. Accompanied by Central Bank Governor Fatih Karahan, Şimşek is set to meet with portfolio investors and real sector leaders in a high-profile roundtable co-hosted by the Turkey-U.S. Business Council (TAİK) and Citi Group.

Highlights from Şimşek’s U.S. Visit Agenda

New York Phase:

• Investor Roundtable with TAİK and Citi Group

• One-on-one meetings with executives from the world’s top credit rating agencies

• Strategic discussions on Türkiye’s macroeconomic outlook, disinflation strategy, and investment climate

Washington D.C. Phase (Starting April 22):

• Participation in a high-level summit hosted by the U.S. Chamber of Commerce

• Keynote speaker on the panel titled “The Future of the Financial System” alongside former World Bank President David Malpass

• Private roundtables with think tanks such as the Atlantic Council, engaging academics, analysts, and international investors

• Bilateral meeting with U.S. Treasury Secretary Scott Bessent to deepen financial cooperation

Global Financial Engagement

As part of the Washington leg of his visit, Minister Şimşek will attend the G20 Finance Ministers and Central Bank Governors Meeting, where global inflation trends, monetary policy coordination, and development funding will be focal points.

In parallel, Şimşek is scheduled to hold high-level meetings with multilateral development institutions, including:

• European Bank for Reconstruction and Development (EBRD)

• Asian Infrastructure Investment Bank (AIIB)

• European Investment Bank (EIB)

• World Bank

• International Finance Corporation (IFC)

These meetings are expected to touch on project financing, green investments, and sustainable development priorities in Türkiye.

Context: Türkiye’s Global Economic Messaging

This trip marks a key step in reaffirming Türkiye’s fiscal discipline, ongoing disinflation efforts, and the commitment to structural reforms. Şimşek’s itinerary reflects the government’s broader aim to:

• Attract long-term capital and restore global investor confidence

• Showcase progress on the economic stabilization program

• Address sovereign credit concerns directly with rating agencies

• Highlight Türkiye’s commitment to multilateral cooperation