IFC and Spain, Partners in Private Sector Development
International Finance Corporation (IFC) partners with multinationals and mid-sized firms that are interested in investing in emerging markets. As of June 2023, IFC had a long-term committed investment portfolio of close to 2.9 billion dollars with Spanish partners spread across several sectors and regions. In FY19-23, Spain provided cumulative funding of over 7 million dollars to support IFC Advisory Services, including around 3.9 million dollars in FY23, for the replenishment of the Spain-IFC Technical Assistance Trust Fund (TATF). To date, the Spain TATF has funded a portfolio of 58 projects for 13 million dollars. The projects supported by the Trust Fund span all IFC regions with the largest allocations to Latin America and the Caribbean (24 percent), Middle East and North Africa (19 percent), and Europe and Central Asia (17 percent).
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Format: | Brief biblioteca |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2024-03-13
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Subjects: | PRIVATE SECTOR DEVELOPMENT, FINANCIAL CAPABILITY, GROWTH FROM EMERGING MARKETS, |
Online Access: | http://documents.worldbank.org/curated/en/099651003112423406/IDU1311d3f1219c8714bae1aae4157b9bbf242d7 https://hdl.handle.net/10986/41190 |
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Summary: | International Finance Corporation
(IFC) partners with multinationals and mid-sized firms that
are interested in investing in emerging markets. As of June
2023, IFC had a long-term committed investment portfolio of
close to 2.9 billion dollars with Spanish partners spread
across several sectors and regions. In FY19-23, Spain
provided cumulative funding of over 7 million dollars to
support IFC Advisory Services, including around 3.9 million
dollars in FY23, for the replenishment of the Spain-IFC
Technical Assistance Trust Fund (TATF). To date, the Spain
TATF has funded a portfolio of 58 projects for 13 million
dollars. The projects supported by the Trust Fund span all
IFC regions with the largest allocations to Latin America
and the Caribbean (24 percent), Middle East and North Africa
(19 percent), and Europe and Central Asia (17 percent). |
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