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Costa Rica
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Membership

Costa Rica is one of the founding member countries of the IDB. Like all the shareholders, Costa Rica appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Costa Rica is represented by a chair on the Board of Executive Directors. The chair, shared with Belize, El Salvador, Guatemala, Honduras and Nicaragua, is headed by an Executive Director, who is elected to a three-year term by the Governors of Costa Rica, Belize, El Salvador, Guatemala, Honduras and Nicaragua

The Executive Director's Office - IDB Headquarters

Executive Director:
Carmen María Madríz (From Costa Rica)
Temporary Alternate Executive Director(s):
José Mauricio Silva (From El Salvador), Marlon Ramsses Tabora Muñoz (From Honduras), Francisco Mayorga Balladares (From Nicaragua), Carla Anai Herrera Ramos (From Guatemala)
Counselor(s):
José Mauricio Silva (From El Salvador), Marlon Ramsses Tabora Muñoz (From Honduras), Francisco Mayorga Balladares (From Nicaragua), Carla Anai Herrera Ramos (From Guatemala)
Elected By:
Belize, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua
Number of votes:
230,780 (2.46% of the institution's ownership)

Contributed Capital from Costa Rica (as of 12/31/2009 )

  US$ Million
Ordinary Capital: 435.80
Paid-in: 18.70
Callable: 417.10
Fund for Special Operations: (after exchange adjustments) 23.40
 
TOTAL CONTRIBUTION: 459.20

The Governor

  • Governor: Fernando Herrero Acosta, Ministro/Ministerio de Hacienda
  • Alternate Governor: Rodrigo Bolaños Zamora, Presidente/Banco Central
  • Communications between the Governor and the Bank: Ministerio de Relaciones Exteriores
  • Number of shares: 41,280 (0.44% of the institution's ownership)

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