The __________ is an organization that mobilizes funding for private enterprise projects in poor countries; it is legally separate from but works closely with the World Bank.

Question

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The International Finance Corporation (IFC) is the organization that mobilizes funding for private enterprise projects in poor countries. It is legally separate from but works closely with the World Bank. The International Bank for Reconstruction and Development (IBRD) is the main organization of the World Bank Group that provides loans to middle-income countries. The International Development Association (IDA) is also a part of the World Bank Group and provides interest-free loans and grants to the poorest countries. The Bank for International Settlements (BIS) is an international organization that serves as a bank for central banks and facilitates international monetary and financial cooperation.

The __________ Is an Organization That Mobilizes Funding for Private