The Inter-American Development Bank must institute reforms, seek stakeholder inputs and demonstrate greater transparency and accountability in its financing programs and project evaluation, civil society organizations said March 17.

Ahead of the international lender’s annual governors’ meeting in Cancun, Mexico, civil society organizations demanded for a greater role in IDB planning and decision-making, calling the lender “an accomplice to 50 years of inequality and poverty in Latin America,” Inter Press Service reports.

“We want the IDB to commit to evaluating financing based on the assessment of its projects and to demonstrate that civil society input is taken into account,” said Mexican researcher Valeria Enríquez, from the non-government organization Centre for Analysis and Research.

About the author

  • Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.