The International Finance Corporation

The International Finance Corporation is an international financial institution within the structure of the World Bank. Belarus became a member of IFC in 1992. IFC began operating in the country by pioneering advisory projects in privatization of small enterprises and small business development. Since, IFC has expanded its advisory programs to help Belarus improve its business environment and investment climate, and introduce international best practices in food safety. IFC has so far invested about $445 million in 41 projects in the financial, general manufacturing, agribusiness, and services sectors.