IDB Group Approves Uruguay Country Strategy 2026–2030

WASHINGTON — The Inter-American Development Bank Group (IDB Group) approved the Country Strategy (CS) for Uruguay for 2026–2030, a plan developed jointly with the Government of Uruguay that envisages investments of US$4.2 billion and seeks to consolidate the country as a hub for innovation and a benchmark for security, building on its stability and institutional and macroeconomic strength.

Under this new agenda, the IDB will allocate US$2.7 billion to support public sector initiatives, while IDB Invest, the private sector institution of the IDB Group, will allocate US$1.5 billion to strengthen business investment. IDB Lab, the Group’s innovation and venture arm, will continue to promote the entrepreneurial ecosystem and early-stage investment.

“The 2026–2030 Country Strategy expands its scope through public-private solutions, strategic partnerships, and innovative financial mechanisms, while maintaining IDB Group’s historic hallmark: being the country’s leading multilateral partner through strategic support, high technical value, and alignment with national priorities, generating scalable learning for the region,” said Luiz Ros, IDB Group Representative in Uruguay.

Within the framework of the IDBStrategy+, the pillars of the new Country Strategy for Uruguay over the next four years are:

• Innovation and business climate: The new roadmap aims to stimulate productive modernization, private investment in R&D, and trade openness by strengthening innovation initiatives, promoting digitalization and agricultural productivity, and leveraging the advantages of new trade agreements. Under this objective, the CS seeks to improve the business climate, promote competition, deepen capital markets, and expand access to financing, particularly for micro, small, and medium-sized enterprises. The venture capital industry will also be promoted to channel financing and strategic support to technology-based ventures, through IDB Lab and the IDB. At the regional level, the IDB Group will strengthen capacities in artificial intelligence and high-performance computing (HPC). In addition, the plan will modernize public finances, contributing to greater macroeconomic stability. In this way, the CS aims to encourage investment and generate new growth opportunities.
• Security and well-being: The strategy will prioritize citizen security through the modernization of justice and security systems and the strengthening of childhood and youth policies, especially for the most vulnerable groups, by expanding educational opportunities and designing more targeted social policies.
• Mobility and basic services: The new agenda aims to achieve more efficient, accessible, sustainable, and equitable mobility, with a focus on the public transportation system in the Montevideo metropolitan area. Likewise, the plan seeks to improve urban development and ensure access to housing, develop efficient and resilient infrastructure, guarantee universal and safe access to basic services such as drinking water, and expand energy infrastructure.

The document deepens the strategic relationship between Uruguay and the IDB Group and will be implemented through a multisectoral and synergistic programmatic approach using the full range of available instruments, including regional initiatives such as South Connection and the Alliance for Security, Justice, and Development. The IDB will also provide financial and technical cooperation to strengthen engagement with the OECD and to support the ratification and implementation of trade agreements.