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The IDB is governed by its Board of Governors, a 48-member body who regularly meets once a year. In March 2010, reunited in Cancun , Mexico, the Board of Governors of the Bank agreed on a $70 billion capital increase, along with full debt forgiveness for Haiti, its poorest member country, devastated by an earthquake that had destroyed its ...
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank.. This is a list of countries by tariff rate.The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
[6] [7] Milestones during Moreno's tenure include: the approval in 2007 of $4.4 billion in debt relief for Bolivia, Guyana, Haiti, Honduras and Nicaragua, the most heavily indebted member countries; the approval in 2010 of the Ninth General Capital Increase, the largest expansion of resources in the Bank’s history; the merging and expansion ...
The IDB bank said it conducted reverse stress tests that showed all its shareholders considered obligations for callable capital legally binding, but a call on the emergency capital remained a ...
This included the Inter‐American Development Bank (IDB), the African Development Bank (AfDB), the Asian Development Bank (ADB), the Development Bank of Latin America and the Caribbean (CAF), and the Islamic Development Bank (IsDB). Both the CAF and IsDB are "primarily owned and controlled by borrower countries." [15]
The IDB is an observer at the United Nations ... (6.48%) Turkey (6.17%) ... Special assistance and scholarships for member countries and Muslim communities in non ...
In this position, he was responsible for the definition of sectoral policies and development strategies of the IDB. He was secretary of the IDB (2005–2007), in charge of the institutional governance of the Bank and of the relationship with the Board of Governors (Ministers of Finance, Economy and Development of the 48 member countries of the ...
His nomination generated a mixed reaction among the Bank’s member countries, as the institution’s presidency was historically reserved for a citizen of one of its borrowing member countries. [14] He was elected by the IDB’s Board of Directors on September 12, 2020, for a five-year term beginning on October 1, 2020. [15] Thirty of the Bank ...