IFC Promotes Private Sector Growth and Reduces Poverty
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The International Finance Corporation (IFC) was established in 1956 and is based in Washington D.C. The IFC works to promote private sector growth in developing countries in order to reduce poverty. It has worked with over 3,300 companies across 140 countries. The IFC provides loans, equity investments, and other financial services to support private businesses in developing nations. Its goal is to create jobs and increase access to basic services.
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IFC Promotes Private Sector Growth and Reduces Poverty
- 12. Investments Total Commitments: US$10.5 billion