MercoPress. South Atlantic News Agency

Inter-American Development bank holds its annual meeting in Bahía

The two-day event will mark the 55th annual meeting of the IDB Board of Governors

The Inter-American Development Bank (IDB) will hold its 2014 Annual Meeting in Bahía, Brazil, March 27-30, bringing top economic and business leaders to discuss how the private sector can help boost economic and social development in Latin America and the Caribbean.

 Representatives of other development agencies, commercial banks, companies and civil society organizations will also attend the gathering, which will take place in Costa de Sauípe, Bahia. The event will mark the 55th annual meeting of the IDB’s Board of Governors, the Bank’s top decision-making body. Most IDB governors are finance ministers or central bank presidents.

During the event the IDB will release its annual macroeconomic assessment of the region’s outlook as well as hold discussions on the Latin America and the Caribbean’s new development frontiers, covering topics such as how to improve education and health services and how to promote investments in sustainable energy and energy efficiency in greater collaboration with the private sector.

Other sessions will focus on how to make small and medium-sized businesses more productive and export-ready; banking for women entrepreneurs and impact investing opportunities in Latin America.

The IDB is Latin America and the Caribbean’s leading source of multilateral financing and knowledge for development. Its mission is to combat poverty and inequality, bringing about sustainable growth.