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IFC’s investments in Latin America and the Caribbean continued to grow even during turbulent economic times. In FY09, IFC’s investment commitments exceeded US$2.7 billion, including $462 million in equity and quasi-loans and $825 million in trade finance. In FY09, our outstanding portfolio surpassed $6.7 billion – a $555 million increase from FY08. We diversified our portfolio across 21 countries and 124 new projects in the region with investments concentrated in financial markets, infrastructure, and manufacturing and services. Our investment strategy increasingly targeted Central American and Caribbean countries. |
