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Members of international community discuss collaboration in support of Venezuela

Representatives of cooperation agencies, along with directors and counselors of the Inter-American Development Bank’s (IDB) member countries, met this morning with the Bank's administration at the institution's headquarters to discuss possible areas of collaboration in support of Venezuela.

During the meeting, IDB specialists presented an analysis of the macroeconomic outlook and the main development challenges facing Venezuela.

Participants discussed the situation in sectors such as poverty and access to food and basic goods, health, education, energy, transportation and water and sanitation. They also explored specific areas in which governments and donor agencies could eventually support Venezuela.

Several participants expressed concern about the humanitarian crisis in Venezuela and conveyed the desire of their governments to contribute to the comprehensive recovery of the country, beyond political considerations.

They also emphasized the importance of utilizing networks that already exist between embassies in Washington and national technical cooperation agencies that oversee development programs.

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The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.