Washington, D.C., October 21-24, 2024 – The Turkic Investment Fund (TIF), under the leadership of President Bagdat Amreyev, took part in the 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington, D.C. This engagement allowed TIF to explore new cooperation opportunities in line with its mission to support economic growth and integration in Turkic countries.

The TIF delegation held high-level discussions with key international institutions, including the IMF, World Bank Group, and IFC – International Finance Corporation. Representatives from the Saudi Fund for Development, the Arab Fund for Economic and Social Development, and other development agencies were also involved in these talks. The discussions focused on exchanging best practices and exploring collaborative opportunities to enhance investment strategies and mobilize resources for economic projects across Turkic countries.

In further meetings, TIF General Director Ramil A Babayev engaged with leaders such as Dr. Serhat Köksal from the Black Sea Trade & Development Bank (BSTDB), Hayrettin Demircan and Beatrice Maser of the World Bank Group, and IMF Executive Board members, including Daniel Palotai and M. Esat Mert. These dialogues highlighted shared goals and potential collaborations, with participants expressing support for TIF’s initiatives to boost sustainable growth and resilience across the Turkic region.

TIF’s active participation at these prominent gatherings underscores its commitment to fostering partnerships that promote economic integration and sustainable development in the Turkic world.