Ladies and Gentlemen: As the world’s leading private sector development institution, IFC has continued to support public policies and investments that create opportunities for the poor developing economies. The activities of IFC have helped developing countries register improved growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments.
In Financial Year 2012, IFC’s investments reached an all-time high of more than USD20 billion, leveraging the power of the private sector to create jobs, spur innovation, and tackle the world’s most pressing development challenges. This is how DTB’s long-standing relationship with IFC has thrived.