If the International Finance Corporation (IFC) loaned some US$ 20 million to a Brazilian shoe manufacturer so that it moved its facilities to the state of Ceará, it could help bring jobs and economic growth to a state which has rapidly diversified and enriched its economy. This US$ 20 million loan would allow the company to relocate and modernize its facilities, and would generate some 2,200 jobs in the state, helping to reduce unemployment and poverty.
Adapted from: ESGUERRA, Jannette. IFC invests in Brazilian shoe manufacturer. http://ifcln1.ifc.org
Answer questions 022 TO 025 according to TEXT II.
After reading the text, we can infer that the IFC
provides the money that is necessary for a company to pay for a particular project.
has channeled large volumes of resources into the footwear industry.
has invested heavily in infrastructure and social development.
has invested heavily in infrastructure and social development.
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