I am pleased to transmit IFC’s 2012 Annual Report. This report highlights the achievements and effectiveness of the Corporation despite a challenging global economic environment.
It also underscores the importance of collaboration across the World Bank Group and working with external partners to advance our shared goal of building prosperity and eradicating poverty.
Today, the World Bank Group has a unique opportunity to accelerate inclusive and sustainable growth and social progress. We are continuing to support our clients as they respond to immediate pressures, especially through helping countries develop cost-effective social safety nets. But we are also well positioned to assist countries as they design and implement longer-term development strategies through our lending, knowledge, experience, and expertise.
I look forward to working with the Board, our partners and clients, as well as the Bank Group’s dedicated staff in Washington, D.C., and around the world. Our mission remains more important than ever—to help developing countries respond to immediate pressures, as well as to look toward future opportunities. It is a privilege to undertake this great work.
JIM YONG KIM
World Bank Group President
July 1, 2012