The International Finance Corporation (IFC) helps finance projects in developing countries to reduce poverty and improve peoples
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The International Finance Corporation (IFC) helps finance projects in developing countries to reduce poverty and improve people’s lives. Projects must be profitable and benefit the host country’s economy. For instance, it has provided loans of about $44 million to build a hospital and clinic in Mexico City. Other recipient sectors include transportation, education, and tourism.
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Describe how IFC affects people in developing countries.
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