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The International Finance Corporation (IFC), a member of the World Bank Group, signed a new agreement today with the Government of Luxembourg to support low- and middle-income countries in market creation and private sector investment. The Ministry of Finance of Luxembourg will provide up to €9 million through the Luxembourg-IFC Partnership Program (LIPP) to support IFC's advisory and upstream activities.
The Ministry of Finance of Luxembourg is supporting IFC's efforts to strengthen corporate governance and small and medium-sized enterprises, develop local capital markets, address money laundering, and improve the business environment for private sector companies. The partnership between the Grand Duchy and IFC also helps scale up support to cross-cutting themes like...
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