May 29, 2009—Independent Evaluation of IFC's Development Results, the annual flagship report of the Independent Evaluation Group, reviews IFC's effectiveness in supporting private sector development and its contributions to economic growth, poverty reduction, and sustainable development.
This year's report provides a first global review of IFC's advisory services to private firms and governments, such as customized training or advice on investment promotion and policy.
IFC's advisory portfolio has grown tenfold to nearly $1 billion in the last seven years. The substantial growth raises important questions related to the appropriate balance of advisory and investment services to ensure maximum development impact.
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For more information contact:
Sona Panajyan
Communications Analyst
Phone: (202) 473-9751
E-mail: SPanajyan@ifc.org