1945

International Finance Corporation (IFC)

The International Finance Corporation (IFC) was established in 1956 as an affiliate of the International Bank for Reconstruction and Development (World Bank) to assist developing member countries by helping them to promote the private sector of their economies. The principal objectives of IFC are: to provide risk capital for productive private enterprise, in association with private investors and management; to encourage the development of local capital markets; and to stimulate the international flow of private capital.

Related Subject(s): United Nations
/content/books/9789210601795s006-c007
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