1945

International Finance Corporation (IFC)

The International Finance Corporation (IFC), established in 1956 as an affiliate of the International Bank for Reconstruction and Development (World Bank), is a multilateral development institution promoting private investment that contributes to the economic growth of its developing member countries. Its capital resources are provided by its 132 member States—including 111 developing countries—which collectively determine its policies and activities.

Related Subject(s): United Nations
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