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INTER-AMERICAN DEVELOPMENT BANK CHALLENGED ON ITS POLICIES, PROJECTS, AND PLANS.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 29-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Inter-American Development bank (IDB) wrapped up its 48th assembly of governors in Guatemala City March 20 with a promise to improve equality for all Latin Americans and reduce the social divides and poverty that characterize the region. Under the banner Let No One Be Left Behind, one after another the governors presented speeches highlighting the advances on these issues throughout the region. In sum, the bank lent about US$6.5 billion for projects, more than a third of which went to anti-poverty ventures.

In addition to the poverty combat, the bank also made inroads on renewable energy, climate change, and potable water. Said Costa Rica's IDB governor Guillermo Zuniga, "Central America wants to prove to the world its decision to improve in all the fields identified here."

Bank president Luis Alberto Moreno spoke on a ten-point plan for improving regional infrastructure, microeconomies, and the bureaucracy within the bank. He said the slogan Let No One...

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