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What year was the $5 million investment from the World Bank's retirement fund made?
In 1975
Within five years of 1975
In 1985
In 1990
Answer
The World Bank's retirement fund made a $5 million investment in the International Finance Corporation (IFC) within five years of 1975. The IFC is an international financial institution that provides loans and equity investments to private businesses in developing countries. The IFC's mission is to promote economic development by helping private businesses create jobs, generate income, and improve living standards in developing countries.
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