(ECO) BABACAN SAYS INTERNATIONAL COMMUNITY HAS FULL CONFIDENCE IN TURKEY'S ECONOMY.

ANKARA, Oct 8, 2009 (TUR) -- Turkish Deputy Prime Minister and State Minister for economy Ali Babacan said Thursday that he had met high-level officials of several countries and financial institutions during IMF-World Bank annual meetings in Istanbul.

Babacan said his meetings showed that the international community has full confidence in Turkey's economy policies and that there was a rising investor interest in Turkey.

In a press conference to assess the IMF-World Bank annual meetings in Istanbul, Babacan said those meetings were held in a country outside Washington D.C. every three years.

"Istanbul meetings will be remembered a lot due to global economic crisis," Babacan said.

Babacan also said that Turkish economy officials had chance to meet executives of international rating agencies and informed them about Turkey's strong economic structure, well macroeconomic performance in recent years, superior stance in economic crisis and the determination Turkey displayed in pursuing their policies.

Babacan said those meetings were also important for Turkey to announce an action plan to make Istanbul an international finance hub.

"We had very positive feedback about our plan," he said.

Recalling that Turkey had also an active role in recent G20 meetings, Babacan said "Turkey has taken its place in the pilothouse of global economy" after the IMF-World Bank meetings in Istanbul.

(THROUGH ASIA PULSE)