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IDB flag. The Inter-American Development Bank (IDB or IADB) is an international development finance institution headquartered in Washington, D.C., United States of America.It serves as one of the leading sources of development financing for independent countries of Latin America and the Caribbean. [1]
Latin America and the Caribbean are poised for stronger growth in coming years, buoyed by Friday's agreement by the United States, Canada and 10 countries to strengthen regional supply chains, the ...
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]
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]
The Inter-American Development Bank (IDB) said on Wednesday said it would mobilize $1 billion to help countries in Latin America and the Caribbean acquire and distribute COVID-19 vaccines, adding ...
WASHINGTON (Reuters) -The Inter-American Development Bank and World Bank on Friday issued separate reports on callable capital, the emergency capital pledged by governments but not paid in, that ...
There are also several "sub-regional" multilateral development banks. Their membership typically includes only borrowing nations. The banks lend to their members, borrowing from the international capital markets. Because there is effectively shared responsibility for repayment, the banks can often borrow more cheaply than could any one member ...
Canuto joined the Inter-American Development Bank (IDB) in 2007 as vice-president for Countries where he led the development of relationships between the IDB and borrowing countries, as well as campaigns to formulate the IDB's country and regional strategies. Canuto returned to The World Bank in 2009 as vice-president.