IFC Advisory Services in the Middle East and North Africa is a multi-donor facility, which supports private sector development across the region. Some of the similar challenges countries in the region face include:
High unemployment rates
Complex legal and regulatory environments
Weak financial institutions
Insufficient infrastructure services
Increasing pressures on existing resources, such as water and energy supplies
IFC works to address these challenges through the following programs:
IFC Advisory Services in the Middle East and North Africa is supported by the Canadian International Development Agency, the European Commission, Harakat, International Bank for Reconstruction and Development, Islamic Development Bank, Switzerland's State Secretariat for Economic Affairs, UKaid, USAID, and the governments of Denmark, Japan, Luxembourg, Netherlands, and Spain.