International Finance Corporation (IFC)
The International Finance Corporation (IFC) is a Washington, DC-headquartered organization that promotes private sector investments in developing countries. To obtain assistance from the IFC, countries must become its members. The organization has a total of 181 members. TO become a member of the IFC, a country has to be a member of the World Bank. It is also required to sign the Worlds Articles of Agreement and deposit its Instrument of Acceptance at the Corporate Secretariat of the World Bank Group.