IFC Annual Report 2012 : Innovation, Influence, Demonstration, Volume 3. Financials and Projects
This annual report of the International Finance Corporation (IFC) summarizes the innovation and leadership roles in the private sector during fiscal year 2012. The IFC invested a record $20.4 billion in 103 developing countries, reflecting a doubli...
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| Language: | English en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/01/18065661/international-finance-corporation-ifc-annual-report-2012-innovation-influence-demonstration-vol-3-3-financials-projects http://hdl.handle.net/10986/15778 |
| Summary: | This annual report of the International
Finance Corporation (IFC) summarizes the innovation and
leadership roles in the private sector during fiscal year
2012. The IFC invested a record $20.4 billion in 103
developing countries, reflecting a doubling of annual
commitments over the last five years. Those investments
included nearly $5 billion mobilized from other investors,
and an investment for Sub-Saharan Africa totaling $2.7
billion, nearly twice as much as five years ago. The
advisory services program expenditures grew to $197 million,
up more than 50 percent over the last five years. Advisory
services also helped 33 client governments introduce 56
investment-climate reforms that will improve access to basic
services for more than 16 million people. IFC investment
clients helped support 2.5 million jobs in 2011 and made 23
million loans totaling more than $200 billion to micro,
small, and medium enterprises. Net income before grants to
the International Development Association (IDA) totaled
$1.66 billion. The IFC has invested more than $23 billion in
IDA countries, nearly $6 billion of it in fiscal year 2012 alone. |
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