Day Six

World Bank (IFC) Meeting February 18th, 2019 As an international financial institution, the International Finance Corporation is a member of the World Bank Group. With over 184 member states, the IFC works to encourage private-sector development in emerging markets—paving the way for foreign investment and mutual success. Junior Team Canada had the honour of meeting up with their office in Lima to discuss the mandate, goals and the missions of today’s IFC. During this meeting, we learned that the IFC takes significant risks with great amounts of success. For example, when there’s an emerging market, the IFC helps open the market up for international investment and private-sector development. As a result, this allows for the country’s private-sector economy to grow significantly in our interconnected world and helps provide mutual prosperity for both the international partners and everyday citizens. This meeting was enticing for a lot of JTC team members as a lot of us are interested or currently studying macroeconomics! It was an amazing opportunity to use the knowledge and background we’ve learnt and apply it in a real-world setting with this incredible meeting on the Less Travelled Road. See you soon!