IFC Annual Report 2006 : Increasing Impact, Volume 2

The International Finance Corporation (IFC), in its 50th year, is the largest provider of multilateral financing for private sector projects in the developing world. In fiscal 2006, it committed $6.7 billion in funds from its own account and mobilized an additional $1.6 billion through syndications and $1.3 billion through structured finance. Based on the total costs of the private sector projects it helped finance this year, each $1 in IFC commitments for its own account resulted in an additional $2.88 in funding from other sources. Altogether, IFC supported 284 investment projects in 66 countries. This year nearly a quarter of IFC commitments were in low-income or high-risk countries, demonstrating the viability of private enterprise even in difficult environments. IFC's investment commitments to firms operating in the Middle East and North Africa more than doubled in fiscal 2006, and commitments for private sector projects in Sub-Saharan Africa increased nearly 60 percent. IFC introduced a new development outcome tracking system for investment operations to measure and track results throughout the life of a project; a similar system was implemented to monitor the development impact of all active technical assistance and advisory projects.

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Bibliographic Details
Main Author: International Finance Corporation
Format: World Bank Annual Report biblioteca
Language:English
en_US
Published: Washington, DC 2006
Subjects:AGRICULTURE, ASSETS, AUTHORIZED CAPITAL, BENCHMARK, BENCHMARKS, BONDS, BORROWING, CAPACITY BUILDING, CAPITAL GAINS, COMMERCIAL BANKS, CORPORATE GOVERNANCE, CREDIT GUARANTEES, CREDIT POLICIES, CREDIT RATING AGENCIES, DEBT INSTRUMENTS, DEPOSITS, DERIVATIVES, DISCLOSURE, DIVIDENDS, ECONOMIC GROWTH, ENVIRONMENTAL, EQUITY INVESTMENT, EXPENDITURES, FINANCIAL ACCOUNTING, FINANCIAL INSTITUTIONS, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIARIES, FINANCIAL REPORTING, FIXED INCOME, FOREIGN EXCHANGE, FOREIGN INVESTMENT, FORESTRY, FORWARD CONTRACTS, FUTURES, GOVERNMENT BONDS, INCOME, INSURANCE, INTEREST INCOME, INTEREST RATE, INTEREST RATE SWAPS, INTERNATIONAL CAPITAL MARKETS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL INSTITUTIONS, INVESTMENT ACTIVITY, INVESTMENT CLIMATE, INVESTMENT COMMITMENTS, INVESTMENT OPERATIONS, INVESTMENT PORTFOLIO, INVESTMENT PRODUCTS, INVESTMENT PROGRAM, INVESTMENT PROJECTS, INVESTMENT STRATEGY, LIQUIDATION, LIQUIDITY, MARKET FACTORS, MARKET RISK, METALS, MULTILATERAL INVESTMENT GUARANTEE AGENCY, NET WORTH, OIL, OPEN INTEREST, OUTSTANDING DEBT, PORTFOLIO MANAGEMENT, PORTFOLIO PERFORMANCE, PORTFOLIO SUPERVISION, PORTFOLIOS, PREFERRED STOCK, PRICING POLICIES, PRIVATE CAPITAL, PRIVATE INVESTORS, PRIVATIZATION, PROFITABILITY, PROJECT FINANCING, RETAINED EARNINGS, RISK EXPOSURES, RISK MANAGEMENT, SECURITIES, SHARE CAPITAL, STATEMENT, STATEMENTS, SUBSCRIPTIONS, SUSTAINABLE DEVELOPMENT, SWAPS, TECHNICAL ASSISTANCE,
Online Access:http://documents.worldbank.org/curated/en/2006/09/7071692/international-finance-corporation-ifc-annual-report-2006-increasing-impact-year-review-international-finance-corporation-ifc-annual-report-2006-increasing-impact-year-review-volume-2
http://hdl.handle.net/10986/7528
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Summary:The International Finance Corporation (IFC), in its 50th year, is the largest provider of multilateral financing for private sector projects in the developing world. In fiscal 2006, it committed $6.7 billion in funds from its own account and mobilized an additional $1.6 billion through syndications and $1.3 billion through structured finance. Based on the total costs of the private sector projects it helped finance this year, each $1 in IFC commitments for its own account resulted in an additional $2.88 in funding from other sources. Altogether, IFC supported 284 investment projects in 66 countries. This year nearly a quarter of IFC commitments were in low-income or high-risk countries, demonstrating the viability of private enterprise even in difficult environments. IFC's investment commitments to firms operating in the Middle East and North Africa more than doubled in fiscal 2006, and commitments for private sector projects in Sub-Saharan Africa increased nearly 60 percent. IFC introduced a new development outcome tracking system for investment operations to measure and track results throughout the life of a project; a similar system was implemented to monitor the development impact of all active technical assistance and advisory projects.