Economy
2017
Infrastructure Sector
International Organizations
The Global Infrastructure Facility is a/an
D.UNCTAD funded initiative that seeks to finance and facilitate infrastructure development in the world.
C.Collaboration among the major banks of the world working with the OECD and focused on expanding the set of infrastructure projects that have the potential to mobilize private investment.
A.ASEAN initiative to upgrade infrastructure in Asia and financed by credit from the Asian Development Bank.
B.World Bank collaboration that facilitates the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs) to enable mobilization of private sector and institutional investor capital.
Correct Answer: Option B
The Global Infrastructure Facility (GIF) is a World Bank initiative.
It aims to facilitate the preparation and structuring of complex infrastructure Public-Private Partnerships (PPPs).
The objective is to mobilize private sector and institutional investor capital for infrastructure development.
Option B is the correct description of the Global Infrastructure Facility.
Sources:
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