List of the 20 largest countries by voting power in each World Bank institution
< tr>
| Rank | Country | IFC |
|---|---|---|
| World | 2,653,476 | |
| 1 | United States | 570.179 |
| 2 | Japan | 163.334 |
| 3 | China | 129,708 |
Is the IFC part of the World Bank?
Founded in 1956 as a member of the World Bank Group, the IFC focused on investing in economic development. It claims to be the largest global development institution focused on the private sector in developing countries. … The IFC is governed by its 184 member countries and has its headquarters in Washington, D.C.
Is the IFC a branch of the World Bank?
The International Finance Corporation (IFC), founded in 1956, is a sister organization of the World Bank. They exclusively support the private sector in developing countries.
Who makes the largest contribution to the World Bank?
The United States is the World Bank’s largest shareholder with 17.25% of the capital shares. Every President of the World Bank since its inception has been a US citizen.
Where does the IFC’s money come from?
IFC also offers consulting services to help build businesses. Much of the IFC’s advisory work is carried out by entities administered by the IFC but funded through partnerships with donor governments and other multilateral institutions. Other sources of funding include trust funds from donor countries and IFC’s own funds.
Is IFC an NGO?
The IFC is often criticized by NGOs for not being able to track their money due to their reliance on financial intermediaries. … International Finance Corporation .
< td> Type
| IFC logo | |
|---|---|
| IFC headquarters designed by architect Michael Graves | |
| Development Finance Institution | |
| Legal Status | Contract |
| Objective < /td> | Private sector development, poverty reduction |
Who is the real owner of the World Bank?
The World Bank Group (WBG) is an association of five international organizations that grant leveraged loans to developing countries. … World Bank Group.
| . The World Bank Group building in Washington, DC | |
|---|---|
| President | David Malpass |
| MD & CFO < /td> | Anshula Kant |
| Main body | Board of Directors |
| Parent organization | United Nations |