(ECO) BABACAN SAYS PROUD OF HOSTING IMF-WORLD BANK MEETINGS IN ISTANBUL.ISTANBUL, Sep 30, 2009 (TUR tur: see ibex. ) -- Turkish economy minister said Wednesday that his country was honored to host this year's annual meetings of the IMF IMF See: International Monetary Fund IMF See International Monetary Fund (IMF). and the World Bank in Istanbul. "It is a great honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. for us that Istanbul has been selected as the venue to host such a strategic organization," Ali Babacan, deputy premier and state minister for economy, told a press conference on the Istanbul meetings. Babacan said the meetings would bring together economy and finance ministers as well as major figures from global finance quarters and scholars from 186 member countries of the IMF and the World Bank. The Turkish minister said Turkey would become the first country to host the event for the second time. Turkey hosted the annual meetings in 1955. Babacan said Turkey had received 90 percent of the votes of members in the IMF and the World Bank to host the meetings. (THROUGH ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. PULSE) |
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