IFC Marks 20 Years of Partnerships for Impact in Iraq, Announces $1bn in New Investments
Iraq, Sept. 15 -- The International Finance Corporation (IFC), a member of the World Bank Group, held an IFC Partnerships Day in Baghdad,?under the patronage of His Excellency Mr. Mohammed Shia' al-Sudani, Prime Minister of Iraq, to mark two decades of impact in the country and announce $1 billion in new investments and engagements in energy, infrastructure, agribusiness, and finance, underscoring IFC's long-term commitment to the country's private sector. Since 2005, IFC has invested and mobilized more than $2.5 billion for projects in Iraq. These investments have created over 28,000 jobs-including 5,000 for women-while strengthening infrastructure, expanding access to finance, supporting manufacturing, and enhancing food security.During t...
To read the full article or to get the complete feed from this publication, please
Contact Us.