This paper, produced annually by IFC's Operational Strategy Department for approval by the Board of Directors, reviews IFC’s external environment and the progress it has made in implementing its strategic priorities. The paper recommends that IFC aim at a quantum growth in its activities during the FY06-FY08 period.
Full Document [pdf]
Content [pdf]
Executive Summary [pdf]
Section I. The External Context [pdf]
- Strong Economic Growth for Developing Countries
- Private Capital Flows Continue to Recover, Concentration in Larger Economies
- Slower Growth of Flows as a Percentage of GDP
- Strengthened Domestic Financial Markets and Lower Spreads
- Growth of South-South Opportunities
- Risks Remain
- Support for the Private Sector Development Agenda Continues to Be Strong
- Strong International Financial Institution (IFI) Activity
Section II. Progress in Implementation [pdf]
- Strengthen the Focus on Frontier Markets
- Build Long-term Partnerships with Emerging Global Players in Developing Countries
- Differentiate Through Sustainability
- Address Constraints to Private Sector Growth in Infrastructure, Health and Education
- Develop Local Capital Markets
- Portfolio and Financial Performance
- Risk Management
- Technical Assistance and Advisory Services
- Human Resources
- Measurement
Section III. IFC’s Path to Growth, FY06-FY08 [pdf]
- Opportunities to Grow
- Issues and Challenges
- Resource Implications for Growth
Annex 1 Regional Strategies [pdf]
Annex 2 IFC Corporate Scorecard FY 2004 [pdf]
