International Finance Corporation (IFC)

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    Context

    • International Finance Corp has launched the Global Food Security Platform to support the private sector for sustainable production and delivery of food stocks to countries affected by food instability.
      • This 6 billion USD financing facility will help boost the flow of food supplies and other important commodities like fertilizers to vulnerable communities.

    International Finance Corporation (IFC)

    • The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. 
    • The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.

    Source: ET