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Poverty Reduction and Promotion of Social Equity: Report on Activities year 1999

Poverty reduction and social equity in Latin America and the Caribbean are central pillars of the Inter-American Development Bank?s strategy for the region. In terms of lending activities, the goals outlined by the Eighth Replenishment of capital are that 40% of the total volume of lending and 50% of the total number of loans be devoted to projects that promote poverty reduction and social equity in the region. However, the Bank?s poverty reduction strategy recognizes that a focus on lending activities alone is not sufficient. Therefore, the Bank channels significant efforts and resources to support and complement its lending program by building knowledge on the root causes of poverty, monitoring and assessing poverty in the region, and participating in country program formulation and policy dialogues.

Last updated: 04/26/07