The Inter-American Development Bank approved 12.136 billion US dollars in new operations in 2010 and made 10.341 billion in loan disbursements from its ordinary capital, according to its latest annual report issued over the weekend.
The Inter-American Development Bank Group expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region.
Inter-American Development Bank (IDB) will hold its Annual meeting in Calgary, Canada, from March 25 to 28, with the participation of top government authorities from the Bank’s 48 member countries, including several finance ministers and central banks chiefs.