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 that promotes private investment and assists private enterprises in its developing member countries. Its capital resources are provided by its 128 member States—including 107 developing countries—which collectively determine its policies and activities.

Related Subject(s): United Nations
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