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Update: IFC approves commodities programme
01 February 2012
IFC’s board has approved the establishment of the Critical Commodities Finance Programme (CCFP) as part of the MFI’s response to the financial crisis.
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IFC’s board has approved the establishment of the Critical Commodities Finance Programme (CCFP) as part of the multilateral’s response to the financial crisis.
The CCFP is mainly a funded trade finance programme of up to $4 billion that will be mobilised and disbursed in phases to provide IFC with a flexible platform from which to support the extension of funded trade financing to the import and export of critical agricultural and energy inputs, including fertilizers and crop protection as well as energy products that cover...
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