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Headquarters of the WAIPA Will Be Moved to İstanbul
The Headquarters of the World Association of Investment Promotion Agencies (WAIPA), located in Geneva since it was founded in 1995, will be moved to İstanbul.
 
Çanakcı to Represent Turkey at IMF's Top Board
The Undersecretary of the Turkish Treasury İbrahim Çanakcı has been appointed as International Monetary Fund (IMF) Executive Director, marking the first time Turkey earning the right to be directly represented in the main governing body of the international lender.
 
Turkey's Top Bosses to Lead B-20 Summit Organization
Turkey's top business representative, Turkey's Union of Chambers and Commodity Exchanges Chairman Rifat Hisarcıklıoğlu, has been named the leader of the businessmen's board that will deal with the preparations of the Business 20 (B-20) Summit to be held in Turkey in 2015.
 
Deloitte Upgrades Turkey's 2014 Growth Outlook
Deloitte has upgraded Turkey's growth estimates following a robust first quarter and a shrinking deficit. It upgraded the estimate for year-end growth from between 2 and 2.5 percent to 3.5 percent.
 
IN OTHER NEWS
OECD Upgrades Turkish Growth Estimate to 3.3%
The Paris-based monitoring revised Turkish growth estimate in its bi-yearly Economic Survey of Turkey after increasing exports, which produced 4.3 percent growth in the first quarter of 2014.
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Increased Participation in Private Pension System
Funds invested in the state-supported private pension system have reached TL 30 billion, with 4.6 million people currently registered, representing an increase of 26 percent in a year. State support for the system has increased to TL 2.8 billion.
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UPCOMING EVENTS
5th Asia Islamic Banking Conference
August 12-13, Kuala Lumpur, Malaysia
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Global Economic Symposium
September 7-8, Kuala Lumpur, Malaysia
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Risk Management in Financial Services
September 7-8, Manama, Bahrain
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