1945

International finance corporation (IFC)

The International Finance Corporation (IFC), part of the World Bank Group, continued in fiscal 2004 (1 July 2003–30 June 2004) to promote sustainable growth in developing countries by financing private sector investments, helping to mobilize capital in the international financial markets and providing technical assistance and advice to Governments and businesses. To address the environmental and social consequences of development, IFC continued to focus on sustainability as a top priority in its investment and advisory activities.

Related Subject(s): United Nations
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