The limited financial knowledge of Tajik consumers means more than 40 percent of the population spends all their income and accumulates debt. To break the cycle, IFC and the WBG Finance and Markets Practice Group has developed a program
The Kyrgyz credit bureau Ishenim tracks the credit histories of more than 1.6 million businesses and people across the country. But due to a lack of legislation, it often receives incomplete and inaccurate information.
Improving the quality of city life is and will continue to be one of the most important global development challenges. Building sustainable cities that offer clean air and water, relatively green buildings and accessible transportation takes great
In Europe and Central Asia (ECA), we support private sector development focused on helping small and medium enterprises, developing capital markets, tackling climate change, boosting food security by supporting agribusiness, and increasing private sector participation in infrastructure. With continued euro zone volatility, IFC supports diversification and ensures access to basic goods and services to create opportunity for people to escape extreme poverty and promote shared prosperity.
In fiscal year 2014 (July 1, 2013 - June 30, 2014), IFC supported private sector development in Europe and Central Asia with $4.7 billion in 117 projects, including $1.2 billion in funds mobilized from our partners.
IFC also delivered a solid advisory program worth $40 million with a focus on projects in IDA countries, fragile and conflict-affected countries, and climate change.