Which global institution has launched a USD 6 billion financing facility to tackle global food crisis?

  • A. World Bank
  • B. International Finance Corporation
  • C. World Economic Forum
  • D. International Monetary Fund

Correct Answer: B. International Finance Corporation

World Bank’s privated sector investment arm, the International Finance Corporation (IFC) has launched a new, USD 6 billion financing facility to tackle the global food crisis. It will support sustainable production and delivery of food stocks to countries affected by food instability, by supporting private sector companies.

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