January 25, 2011 - The World Bank Group has announced that it is making $27 billion in funding available over the next two years for countries of Europe and Central Asia (ECA) affected by the Eurozone crisis.
It is impossible to overstate the importance of healthcare - after all, economic growth and development depend on it. But the ability of governments to provide affordable, quality healthcare is increasingly challenged by the economic environment.
Moldova became a member of IFC in 1995. As of 31 July 2012, IFC’s portfolio in Moldova stands at $83.5 million. IFC is focusing its investment services on increasing access to finance by supporting the development of local financial institutions, especially ones that concentrate on small and medium enterprises and agribusiness. IFC also invested in the country’s agribusiness and telecommunications sectors. IFC’s advisory services in Moldova aim to improve the investment climate, performance of private sector companies and to attract private sector participation in development of infrastructure projects.
IFC Strategy in Moldova
IFC strategy focuses on investing in financial intermediaries to provide access to finance for micro, small, and medium enterprises (MSMEs) and agribusiness. IFC also aims to attract private sector investors to develop infrastructure and health care facilities.