The International Finance Corporation (IFC) is lifting its investment in the Middle East and North Africa (Mena) region by half to US$6 billion (Dh22bn) over the next three to four years to help to ease post-revolution transitions.
Much of the investment by the private sector arm of the World Bank will be channelled into job creation, improving civil infrastructure and other drivers of economic growth.
"We want to support the region as much as we can and the processes that are going on and that is why we're willing to step up," said Lars Thunell, the chief executive and executive vice president of IFC.
No comments:
Post a Comment