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Treasury Powers Economic Growth
The Treasury Department of the International Finance Corporation (IFC) plays a crucial role in financing private sector investments in emerging markets. While it is partially funded by the contributions of member countries, the scale of investment needed often exceeds these contributions significantly. To support equity and loan investments, the Treasury is responsible for raising substantial financing, exemplified by the need to generate approximately $17 billion annually. This framework underlines the importance of effective capital mobilization in fostering economic development through private enterprises.