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), continued in 1997 to encourage private sector activity in developing countries. IFC’s activities included financing private sector projects, assisting companies in the developing world to mobilize financing in the international financial markets, and providing advice and technical assistance to businesses and Governments.

Related Subject(s): United Nations
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