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LATEST APPROVALS





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Argentina
A $300 million IDB loan to assist recovery and reconstruction in areas affected by floods associated with the El Niño phenomenon (see article under New Projects).

A $30 million IDB loan in national currency to support a program that will create a services network for tens of thousands of children and teenagers at risk.

Bahamas
A $14 million IDB loan to the Water and Sewerage Corporation to increase the efficiency and quality of potable service in the Family Islands.

A $1,240,000 IDB grant from the Japan Trust Fund for Consultancy Services to improve reproductive health education for teens.

Bolivia
A $1,540,000 MIF grant to develop mechanisms for export and investment promotion.

A $1.39 million MIF grant to the Instituto para el Desarrollo de la Pequeña Unidad Productiva to provide urban microenterprises in nine cities with business development services.

Brazil
A $132.8 million IDB loan to AES Uruguaiana Emprendimentos Ltda. to help finance the construction and operation of an electricity plant in Uruguaiana, Rio Grande do Sul, that will be fueled with natural gas from Argentina.

A $4,690,000 IDB nonreimbursable loan in national currency to support the strengthening of child and maternal health care in five cities.

A $2.5 million MIF grant to the Hospitality Institute for the development of a skills standards and certification system in the tourism sector.

Colombia
A $9 million IDB loan from ordinary capital and $9 million in syndicated funds to Sociedad Concesionaria Tibitoc S.A.E.S.P. to help finance the rehabilitation of the Tibitoc water treatment plant and 31 kilometers of the Tibitoc-Casablanca water main in the city of Bogotá.

Dominican Republic
A $48 million IDB loan to enhance the transportation system by ensuring sustainable maintenance of rural roads.

Guatemala
A $25 million IDB loan to help finance reform of the judicial sector to improve efficiency and public access to justice.

Haiti
A $54,965,000 IDB loan and a $965,000 MIF grant for technical cooperation to improve potable water and sanitation services and establish a regulatory framework for the development of a waste water service.

Mexico
A $3 million MIF equity investment in Fondo de Capital de Riesgo para Agronegocios to establish a venture capital fund that will provide direct long-term financing to small agroindustrial companies.

A $1.5 million MIF grant to help create a securities clearinghouse to help strenghten the country's capital markets.

Panama
A $235 million IDB loan for the repair and rehabilitation of rural roads and bridges and to increase the capacity and reliability of electric power transmission.

A $156 million IDB loan to support the rehabilitation of 1,260 kilometers of secondary and local roads, replacement of 30 bridges and drainage works, and strengthening of the administrative and management capacity of the Ministry of Public Works.

Paraguay
A $35 million IDB loan to assist in recovery from the El Niño weather phenomenon.

Peru
A $1.5 million IDB loan to improve the public sector's financial management system.

Uruguay
A $610,000 MIF grant to Asociación Empretec Uruguay to provide assistance and training to small exporters.

Venezuela
A $1.5 million MIF grant to assist the government in promoting private sector participation in providing, operating, and maintaining transportation infrastructure as well as developing a system for awarding public works concessions.

Regional
A $1,100,000 MIF grant for a program to harmonize and integrate the oil and gas market in Central America.



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