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The following operations were approved in recent weeks by the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF).
A $250 million IDB loan to help curb industrial pollution, improve environmental management, and control flooding in the Matanza-Riachuelo Basin. A $82.5 million IDB loan to improve post-secondary technical education and increase the availability, relevance, and quality of skilled manpower in the labor market.
A $992,000 IDB grant to help establish geographic information systems.
A $307 million IDB loan to increase energy efficiency and reduce costs by partly financing a project to interconnect the northern and southern electricity systems. A $250 million IDB loan designed to increase job opportunities and better meet the needs of the labor market through a reform of the technical and vocational education system. A $4 million IIC investment subscription in MG Fundo Mútuo de Investimento em Empresas Emergentes, which invests in small and medium-sized companies in Minas Gerais.
A $6 million IDB loan to help streamline information flows between the central government and the departments and municipalities.
A $70.8 million IDB loan and $34.2 million in reallocated IDB funds to help prevent and mitigate flood damage and other economic and human losses resulting from El Niño. A $15.8 million IDB loan for tax system modernization.
A $15.36 million IDB loan to improve the quality of primary and pre-primary education. A $2 million MIF grant for private sector participation in technical training in rural areas.
A $41 million IDB concessional loan from the Fund for Special Operations to improve the country's road system by rehabilitating bridges.
A $13.8 million IDB concessional loan for a pilot program in the city of Puerto Cortés to build a wastewater disposal system and reform the city's water and sanitation services.
A $1,445,000 mif grant to strengthen the Financial Sector Adjustment Company, a government agency that coordinates the regulatory activities for banking and insurance.
A $1.4 million MIF grant to provide services and marketing information to small and medium-sized agricultural producers.
A $150 million IDB loan to prevent or reduce the costs associated with El Niño. A $20 million IDB loan to carry out a judicial reform program, including the establishment of modern judicial centers with bilingual capability to regions and populations without adequate access to the justice system. A $7 million IIC loan and a $1 million IIC equity investment in Industrias San Jacinto S.A., to modernize and expand sugar production. A $2,700,000 IDB loan to improve the efficiency and equity of the tax system.
A $1,325,000 MIF grant to increase the competitiveness of small farming enterprises.
A $8 million IDB loan to assist a national orchestra and choir system that benefits low-income youth.
A $300 million IDB loan to the Inter-American Investment Corporation to support the development of small and medium- sized enterprises in Latin America and the Caribbean. A $5 million IIC equity investment in Newbridge Andean Partners, L.P., a firm that invests in companies and provides them with improved management techniques and technology. |
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NEED MORE INFORMATION? Please contact the IDB Public Information Center at telephone 202-623-2096, e-mail PIC@iadb.org |
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