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Source: World Bank Open Knowledge Repository

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IFC and Belgium, Partners in Private Sector Development

Washington, DC: World Bank

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Shared byAarav Sinha›

Abstract

IFC maintains strong relations with BIO, the Belgian development finance institution (DFI). The two institutions have common development goals and objectives and play a complementary role in emerging economies. Since August 2010, BIO has been a signatory of IFC’s Master Cooperation Agreement, which streamlines lending procedures for joint investments to ease financing to private companies in emerging markets.

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