i f c

Eco. අන්තර් ජාතික මූල්‍ය සංසථාව

Definition:

IFC (noun): An abbreviation for "International Finance Corporation," a member of the World Bank Group that supports private sector development in developing countries by providing investment, advice, and resource mobilization.

The IFC focuses on promoting sustainable business practices, fostering entrepreneurship, and facilitating job creation to help alleviate poverty and improve economic opportunities in emerging markets. Established in 1956, the IFC has played a crucial role in financing and advising businesses in sectors such as infrastructure, manufacturing, agribusiness, and financial services to drive economic growth and development globally.