In 2011, IDB Targets $2B Financing for Central America, Dominican Republic

Inter-American Development Bank President Luis Alberto Moreno chats with Honduran President Porfirio Lobo during the 25th meeting of IDB governors from the Central American isthmus and Dominican Republic. Photo by: Inter-American Development Bank

The Inter-American Development Bank is ready to provide $2 billion in financing to Central America and the Dominican Republic in 2011.

The funding will support priority investment areas, including citizen security, infrastructure, social protection networks, natural disasters and climate change, and public finances, IDB President Luis Alberto Moreno said March 3.

Moreno made the announcement during his visit to Honduras. There, he, along with Honduran President Porfirio Lobo, inaugurated the 25th meeting of IDB governors from the Central American isthmus and Dominican Republic, according to an IDB press release. The gathering also involved finance ministers and central bank presidents of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, the Dominican Republic and Panama.

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  • Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.