Middle East Economic Survey

VOL. XLVII

No 46

15-November-2004

BUDGETS AND REVENUES

IFC Commitments To Middle East And North Africa Total $236Mn In 2004

The International Finance Corporation (IFC) has committed to finance 18 new investments in MENA countries for a total of $236mn in financial year 2004 (FY04 1 July 2003 to 30 June 2004), according to its 2004 Annual Report. While total commitments decreased by $43mn from $279mn in FY03, the number of countries covered increased from six to eight.

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