Middle East Economic Survey
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.