Finance minister AMA Muhit late on Monday left for Cyprus and Turkey to join a conference of finance ministers from Commonwealth countries, and annual general meetings of the World Bank and the International Monetary Fund. Finance ministers and central bank governors would join the gatherings to find out an easier way to pull them out of current economic crisis. Muhith is leading a six-member delegation.

Commonwealth finance ministers will sit in Limasol, Cyprus, from Sept 30 to Oct 3, while Istanbul, Turkey, will host the WB-IMF annual meeting on Oct 6 and 7. "The focus of both the meets will be the global economy… We will try to work out a strategy for coming out of the global recession within shortest possible time," the finance minister told bdnews24.com last week, elaborating on the agenda of the two conferences.

"Though recession has had little impact on our economy compared to others, we want to join other nations in the joint efforts to overcome the crisis," Muhith said. "We are expecting a solution would emerge through the two key international conferences so that no such disastrous situation recurs in future," the minister had said on Sep 23.

-bdnews