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Yearbook of the United Nations 1994

image of Yearbook of the United Nations 1994

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.

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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) to encourage private-sector activity in developing countries, continued during the 1994 fiscal year (1 July 1993-30 June 1994) to finance private-sector projects, to help companies in the developing world to mobilize financing in international financial markets, and to provide advice and technical assistance to businesses and Governments. IFC coordinated its activities with the other institutions in the World Bank Group, composed of IFC, the World Bank, the International Development Association (IDA) and the Multilateral Investment Guarantee Agency (MIGA).

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