1 The International Finance Corporation (‘IFC’) is an international organization, established on 20 July 1956 by an international agreement and headquartered in Washington, DC. It is an affiliate of the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, and a United Nations Specialized Agency (United Nations, Specialized Agencies). It was established to complement the IBRD and its task to promote economic development by creating an entity that would encourage the growth of private enterprises in member countries,...
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