Health & Education
Health and education are the foundation for human development. As the world’s largest multilateral investor in private health care, IFC supports the industry by providing financing, sharing knowledge, supporting public-private collaboration, and helping shape government policy. In education, we work with the private sector to expand access to high-quality, affordable, and relevant education for all.
In FY19, our new long-term commitments in health and education totaled about $670 million, including $295 million mobilized from other investors.
FY19 Development Results
Numbers at the left end of each bar are the total number of companies rated.
Project Financing and Portfolio, by Industry
Health & Education $ millions, for the year ending June 30 |
FY19 |
---|---|
Long-term investment commitments | 374 |
Loans | 316 |
Equity | 58 |
Guarantees and risk management | |
Core mobilization* | 295 |
Total commitments | 670 |
Portfolio Exposure** for IFC's account | 2,760 |
Committed portfolio for loan syndications*** | 350 |
Total committed portfolio | 3,111 |
* * Including Loan Syndications (B-Loans, Parallel Loans, and MCPP Loans), IFC Initiatives, AMC, Other Mobilization by Decision, and Public-Private Partnerships (PPP) Mobilization.
** Portfolio exposure is defined as the sum of the (i) committed exposure for IFC’s debt investments, (ii) fair market value of IFC’s equity investments, and (iii) total undisbursed equity commitments.
*** Including B-Loans, Agented Parallel Loans, and MCPP Loans.
Development Reach
Health & Education | Portfolio | ||
---|---|---|---|
CY17 | CY18 | ||
Employment | 453,659 | 375,718 | |
Female employment | 244,687 | 197,180 | |
Number of patients (1) 1 | 41,223,768 | 49,913,241 | |
Number of students (1) 1 | 5,733,749 | 4,698,638 | |
Domestic purchase of goods and services ($ millions) | 3,237 | 4,708 | |
Payments to governments ($ millions) | 1,250 | 1,285 |
1 Includes data from IFC clients that may not be mapped to this industry sector.