THE International Finance Corp. (IFC) has released over $5 billion from July 1, 2021 to June 30, 2022, including $3 billion in long-term finance and over $2 billion in mobilization to help sustain and create jobs, improve services, and protect small and medium-sized companies.

The announcement came as Ruth Horowitz assumed the role of IFC regional vice president for Asia and Pacific — covering both East and South Asia — taking over from Alfonso Garcia Mora, who is now IFC regional vice president for Europe, Latin America and the Caribbean.

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