Largest financial forum in 2009 opened in Istanbul

Istanbul is hosting one of the most important economic events – the annual meeting of the International Monetary Fund (IMF) and World Bank (WB). After preparatory meetings, which continued all week, today two-day World Forum on the Bosphorus opens officially.
Prime Minister Recep Erdogan will open at 9 am officially the annual meeting, which involved state and government leaders and representatives from the business world and many non-governmental organizations from 186 countries in total world. Last night they were welcomed at a ceremony in the Palace „Dolmabahce Saray from President Abdullah Gul and implementing mehterianskiya team that led the inspiration and the Ottoman hordes before battle.

Summary of a press conference here yesterday by the General Director of the IMF said the global economy has begun to stabilize, but in the presence of such a large percentage of unemployment is difficult to say that the crisis is overcome.

„The Fund and the World Bank have provided sufficient financial resources, so we do not want to lose what has been achieved here. It is very important countries that are the most difficult position to be able to keep their heads above water“ – warned Dominique Strauss-Kahn.

Annual Meeting of the Fund and the World Bank began under extremely stringent security measures. The area around the central district of Harbiye, where he held the forum is no load for days now because of the preparatory meetings and the measures today and tomorrow will be increased to a limit. Many streets and roads in Istanbul will be closed to traffic, which risks to paralyze normal life in the 16-millionth metropolis.

Turkey is the first country in the world outside the United States in which the IMF conducts a second consecutive time at its annual meeting again after 54 years. 22 000 people by security forces have been mobilized to guard the guests, who numbered nearly 20 000, together with the army of journalists who reflect the event. It is noteworthy that all inputs are also security cameras and thermal cameras deployed against the threat of swine flu.

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Finance