Publication: IFC and Hungary, Partners in Private Sector Development
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2024-03-13
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2024-03-13
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IFC’s main government counterparts are the Ministry of Finance of Hungary and the Hungarian Export-Import Bank PLC (Eximbank). In FY19-23, Hungary provided cumulative funding of ten million to the Hungary-IFC Partnership Trust Fund (HIPTF) II, of which seven million to support IFC advisory services and three million to support the 2030 Water Resources Group. As of June 2023, IFC has allocated 6.49 million of the HIPTF II funds to 16 active IFC advisory projects in Africa, Asia, Europe, and Central Asia. The HIPTF II is the second phase of the Hungary-IFC Partnership, which was established in 2014 with an initial twenty million contribution from Hungary and has delivered significant development results, supporting the energy, agribusiness, health, water management and ICT sectors across several regions in emerging markets.
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“International Finance Corporation. 2024. IFC and Hungary, Partners in Private Sector Development. © World Bank. http://hdl.handle.net/10986/41195 License: CC BY-NC-ND 3.0 IGO.”
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