IFC revises funding target

By Frank Jackman
01 Jun 2020

With one month to go of its 2019/2020 financial year, the International Finance Corporation has revised down its funding target.

The supranational was initially approved to raise up to $14bn for its 2019/2020 financial year with an internal target of $12bn, which it has now revised to between $11bn and $12bn.

“We have ample liquidity, so we don’t have a compelling reason to issue more than the $11bn-$12bn,” ...

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