WASHINGTON — As the Inter-American Development Bank celebrates its 60th anniversary, it is considering how the bank’s portfolio has evolved to meet current and upcoming challenges in Honduras, a country that has suffered from chronically high unemployment and low economic growth.
Honduras has struggled to attract private sector investment amid ongoing gang violence that has seen it labeled one of the most violent countries in the world.
“The most important thing here in Honduras is to try to coordinate and to integrate efforts, not only with the other donors but also with the private sector and civil society. That’s exactly what we’re trying to do here,” said Eduardo Marques Almeida, IDB’s Honduras country representative. “I think it’s the only way we can tackle political, economic, and social issues of the country.”