Belarus can attract additional investment through the International Finance Corporation (IFC). This was announced July 14 the head of the IFC in Belarus Max Yacoub.
According to the Head of Mission, IFC Belarus attracted investment of about $ 320 million, “I hope that our investments will increase in coming years – said Yaqub. – We believe that our work in Belarus to promote the investment environment and favorable investment climate can lead to the IFC will not only increase their investment, but will come here and other investors. “
On the same day he met with representatives of the IFC and the expert department of the Investment Climate World Bank Group with the Prime Minister of Belarus Mikhail Myasnikovich. Head of the Belarusian Council of Ministers expressed the hope that the IFC will help the country attract foreign direct investment, improve competitiveness of national economies and “give a positive signal to the international community to actively invest in the economy.”
As reported BakuToday, international Finance Corporation (IFC) had previously provided technical assistance to Belarus in the process of “small privatization,” to improve conditions for small business and the decentralization of government, creating new enterprises and other consulting activities of IFC in Belarus took place with the assistance of the U.S. Agency for International Development.