This annual report of the IFC reviews the years accomplishments. IFC, a member of the World Bank Group, is the largest globaldevelopment institution focused exclusively on the privatesector. We help developing countries achieve sustainablegrowth by fi nancing private sector investment, mobilizingcapital in international fi nancial markets, and providingadvisory services to businesses and governments. Weplay a catalytic role by demonstrating the profi tability ofinvestments in emerging markets.Established in 1956, IFC is owned by 182 member countries,a group that collectively determines our policies. Our workin more than 100 countries allows companies and fi nancialinstitutions in emerging markets to create jobs, generate taxrevenues, improve corporate governance and environmentalperformance, and contribute to their local communities.IFC’s vision is that people should have the opportunity toescape poverty and improve their lives.
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