Mobilizing the private sector to invest in education and health is critical in developing countries where governments are often strapped for cash and unable to meet the needs of their citizens. IFC works with governments and private investors in Latin America & the Caribbean to ensure quality education and health services reach all segments of the population.
IFC has ramped up operations in the education and health sectors. Today, our outstanding portfolio includes $260.5 million in 23 education and health projects in 10 countries - a 40% percent increase compared to last year's portfolio.
IFC's education and health projects in Latin America and the Caribbean provided access to education for 760,000 low- and middle-income students and reached 1.28 million patients in 2008.