MercoPress. South Atlantic News Agency

Inter American Bank will hold annual meeting in Montevideo, next March

The Uruguayan capital will host the major economic development event of the year

The Inter-American Development Bank (IDB) will hold its Annual Meeting in Montevideo, Uruguay March 16-19, drawing top economic decision-makers from its 48 member countries, including finance ministers and central bank presidents.

During the Annual Meeting, government authorities will discuss the IDB’s future operations, Latin America and the Caribbean’s development needs and the challenges stemming from the global economy.

Representatives of other multilateral financial institutions, development agencies, commercial banks, companies and civil society organizations will also attend the gathering. The event marks the 53rd annual meeting of the IDB’s Board of Governors, the Bank’s top decision-making body.

Prior to the board meeting, the IDB will hold a series of seminars on topics such as private participation in public initiatives, the region’s infrastructure needs, education and work opportunities, and global economic challenges.

A day prior to the Annual Meeting, the IDB will host a special event on sports, culture and innovation for youth development.

Several key reports, such as the IDB annual macroeconomic assessment of the region’s outlook and the Development Effectiveness Overview, will be released at the meeting.

The Inter-American Development Bank is Latin America’s leading multilateral source of funding and knowledge for development. Its mission is to combat poverty and inequality, and bring about sustainable growth