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Latest approvals

Brazil
A $2.2 billion IDB emergency loan to support government efforts to protect social spending levels during the economic downturn. The loan will also help to maintain macroeconomic stability thereby increasing confidence in the country's capital markets.
A $1.2 billion IDB emergency loan to Banco Nacional de Desenvolvimento Econômico e Social to offer medium- and long-term financing to small and medium-sized businesses that require capital for restructuring, expansion, or operational improvements.

Chile
A $240 million IDB loan to strengthen the availability of medium- and long-term credit for small and medium-sized enterprises.

Dominican Republic
A $21.5 million IDB loan to strengthen the government's capacity to effectively respond to challenges in the areas of macroeconomic and social policy, institutional reform, and human resources enhancement.

El Salvador
A $3.8 million IDB loan and $3 million MIF grant to strengthen the supervisory agencies of the financial sector.

Honduras
A $1 million grant from the Fund for Special Operations to strengthen managerial and planning capacity in the reconstruction effort following devastation of Hurricane Mitch.

Nicaragua
A $2.1 million concessional loan from the Fund for Special Operations to help develop social policies that will be compatible with economic policy, with special emphasis on poverty reduction.

Paraguay
A $1.2 million MIF grant to Unión Industrial Paraguaya to help build business links between small and large companies and promote the use of clean technologies.

A $500,000 grant from the Fund for Special Operations to strengthen the legislative process through staff training. The grant will also be used to enhance communication between the Paraguayan Congress, the general public and the private sector.

Regional
A $200,000 IDB grant and a $175,000 grant from the Norwegian Fund for Microenterprise Development to improve prudential norms, regulations, and supervisory practices for microfinance institutions.

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