The delegation includes Treasury Undersecretary Ibrahim Canakci, Central Bank Governor Durmus Yilmaz and several other high ranking economy executives.

Simsek will meet executives of IMF and World Bank and exchange views on Turkey's economy and developments in global economy.

Simsek is also expected to explain his views as regards to global financial crisis during high ranking meetings that would be organized by IMF, World Bank and International Finance Institute.

Simsek will give information about Turkey's experiences on banking and finance sector and reform process.

IMF DELEGATION DUE IN TURKEY

An IMF delegation is expected to visit Turkey to review recent developments on Turkish economy.

The IMF delegation, led by Turkey Desk chief Lorenzo Giorgianni, will proceed to Turkey after IMF-World Bank annual meetings.

Way of new relations between Turkey and IMF are expected to be structured during the visit.

"Cautious Stand By" and "Post Program Monitoring" are the new alternatives in relations between Turkey and IMF.

AA