Project Description
Launched in mid-2017, the Joint Capital Market Development Program (J-CAP) is a World Bank Group initiative that leverages on the strengths of the WBG’s members, primarily World Bank (WB) and International Finance Corporation (IFC) to support the stakeholders’ effort in developing domestic capital markets in priority countries as a key source of long-term, local currency financing for the private sector, which in turn will contribute to more sustainable economic growth.