In Bishkek, the Kyrgyz Republic, Chingiz Makeshov owns a jewelry-making business that employs about 80 people. Over his eight years in business he has seen the number of government inspections fall sharply, and that’s a good thing.
Corporate governance is a relatively new concept in Central Asia. But more and more executives are beginning to understand that good corporate governance makes companies more transparent, accountable, and trustworthy.
Two years of political uncertainty and a troubling security situation have taken their toll on small and medium enterprises (SMEs) in Yemen. But IFC teams have stayed in the country despite the unrest, helping to show that improved corporate governan
Our priorities in EMENA areto reach more of the region's poor and vulnerable, create jobs, increase access to infrastructure, support agricultural development, and tackle climate change
We committed a record $7.3 billion in 190 projects in fiscal year 2013 representing nearly a third of our total commitments worldwide
We delivered important advisory services including microfinance, corporate governance, investment climate, and BusinessEdge
IFC in Europe and Central Asia
In fiscal year 2013 (July 1, 2012 - June 30, 2013), IFC commitments totaled $4.4 billion ($3.2 billion from our own account; $1.2 billion in syndicated and parallel loans and investor funds) spread across 130 projects, many in the region's poorest countries.
In fiscal year 2013 (July 1, 2012 - June 30, 2013), IFC committed a record $3 billion in 60 projects across 13 countries ($2.09 billion from our own account; $914 million in syndicated and parallel loans and investor funds), including $647 million for infrastructure.