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The IDB and the Financial Crisis

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Growing Support for Latin America and the Caribbean

The ongoing crisis is eroding economic growth in Latin America and the Caribbean, threatening to reverse recent poverty gains as well as economic and fiscal advances.

The Inter-American Development Bank is working closely with countries in the region to provide additional financing and policy advice to governments and the private sector. The objective is to lessen the impact of the global financial crisis.

To help countries, the IDB has been providing support in these areas:

Increase in lending

The poorest nations in the region are receiving special attention from the IDB during the crisis. More

Safety Nets

The IDB supports the creation and expansion of social safety nets in the region to protect the most vulnerable. More

Trade Support

The IDB considers increased trade a key tool for economic growth and development in the Latin America and the Caribbean. More

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