The Country Office of Belize is committed to support robust, inclusive, and sustainable growth in Belize strengthening fiscal sustainability, revamping the role of the private sector as an engine for growth, and improving the human capital, with a gender perspective and strengthening resilience to climate change.
Overview
Belize, like all shareholders, appoints a Governor who represents the country on the Board of Governors.
For day-to-day operations at the Bank's Headquarters in Washington, D.C., Belize is represented by a chair on the Board of Executive Directors. This position is shared with Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, and is led by an Executive Director elected to a three-year term by the Governors of these countries.
Executive Director: Claudio Enrique Otero Munoz
ALTERNATE EXECUTIVE DIRECTOR(S):
- Xiomara Salome Martinez Ascencio
ELECTED BY: Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua
Total Contribution: 2,241,290
Number of votes: 16,651
of the institution's ownership
Address: 1024 Newtown Barracks 101 1st
Floor Marina Towers Building, Belize City, Belize
P.O.Box 1853 101 1st
Phone number: (501) 221-5300
E-mail: [email protected]
The IDB Group Country Strategy with Belize for 2026–2030 aims to support the country in consolidating recent macroeconomic gains and advancing toward a more resilient, inclusive, and competitive growth model grounded in the sustainable use of its natural capital.
In the context of economic recovery and strengthened fiscal fundamentals, the Strategy seeks to promote economic diversification, increase productivity, and support sustainable investments in key sectors such as sustainable tourism and agriculture, as well as the blue economy, recognizing the strategic value of Belize’s ecosystems and biodiversity.
To achieve this, the Strategy is structured around three priority pillars:
- Enhancing institutional capacity by strengthening fiscal management, improving public expenditure efficiency, and advancing digital transformation to expand fiscal space and improve service delivery
- Strengthening human capital through actions to improve education, technical and digital skills, employability, and access to health services, with particular emphasis on skills development for productive diversification and employment opportunities in sustainable sectors, including the blue economy
- Boosting private sector competitiveness by supporting strategic investments—particularly in energy—strengthening sustainable value chains in agriculture, tourism, and the blue economy, expanding access to finance for MSMEs, and improving water, sanitation, wastewater, and solid waste management services that are essential to reducing pollution, sustaining the coral reef, and supporting livelihoods linked to tourism, fisheries, and other marine and coastal ecosystem-based activities.
Across all pillars, the Strategy integrates social inclusion, environmental sustainability, and climate resilience, promoting integrated territorial and ecosystem management approaches such as ridge-to-reef to connect watershed, coastal, and marine management, protect the reef, and sustainably support the sectors and communities whose livelihoods depend on its conservation. The Country Strategy with Belize is valid until December 31st, 2030.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| BL-T1215 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Supporting the digital transformation of Belizean businesses | 260,000.00 | Preparation | |
| BL-T1209 | ENVIRONMENT AND NATURAL DISASTERS | BIODIVERSITY AND PROTECTED AREAS CONSERVATION | Blue Economy Investment and Financing Platform for Belize | 300,000.00 | Preparation | |
| BL-T1210 | REFORM / MODERNIZATION OF THE STATE | REFORM AND PUBLIC SECTOR SUPPORT | Strengthening State Effectiveness and the National Digital Agenda in Belize | 250,000.00 | Preparation | |
| BL-T1213 | ENERGY | RURAL ELECTRIFICATION | Technical support for the Rural Electrification Program | 600,000.00 | Preparation | |
| BL-J0011 | ENERGY | RURAL ELECTRIFICATION | Rural Electrification Program (REP) | 2,750,000.00 | Preparation | |
| BL-T1206 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Belize National Digital Infrastructure Plan Operationalization | 250,000.00 | Preparation | |
| BL-T1212 | URBAN DEVELOPMENT AND HOUSING | SUSTAINABLE CITIES | Resilient Cities: Strengthening Climate Readiness in Belize | 320,000.00 | Preparation | |
| BL-T1214 | OTHER | OTHER | Support to the digital transformation of the Ministry of Human Development, Family Support and Gender Affairs | 300,000.00 | Preparation |
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 260,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 600,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 2,750,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: URBAN DEVELOPMENT AND HOUSING
- Project Status: Preparation
- Approval Date:
- Financing: 320,000.00
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
Overview
Belize, like all shareholders, appoints a Governor who represents the country on the Board of Governors.
For day-to-day operations at the Bank's Headquarters in Washington, D.C., Belize is represented by a chair on the Board of Executive Directors. This position is shared with Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, and is led by an Executive Director elected to a three-year term by the Governors of these countries.
Executive Director: Claudio Enrique Otero Munoz
ALTERNATE EXECUTIVE DIRECTOR(S):
- Xiomara Salome Martinez Ascencio
ELECTED BY: Belize, Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua
Total Contribution: 2,241,290
Number of votes: 16,651
of the institution's ownership
Address: 1024 Newtown Barracks 101 1st
Floor Marina Towers Building, Belize City, Belize
P.O.Box 1853 101 1st
Phone number: (501) 221-5300
E-mail: [email protected]
The IDB Group Country Strategy with Belize for 2026–2030 aims to support the country in consolidating recent macroeconomic gains and advancing toward a more resilient, inclusive, and competitive growth model grounded in the sustainable use of its natural capital.
In the context of economic recovery and strengthened fiscal fundamentals, the Strategy seeks to promote economic diversification, increase productivity, and support sustainable investments in key sectors such as sustainable tourism and agriculture, as well as the blue economy, recognizing the strategic value of Belize’s ecosystems and biodiversity.
To achieve this, the Strategy is structured around three priority pillars:
- Enhancing institutional capacity by strengthening fiscal management, improving public expenditure efficiency, and advancing digital transformation to expand fiscal space and improve service delivery
- Strengthening human capital through actions to improve education, technical and digital skills, employability, and access to health services, with particular emphasis on skills development for productive diversification and employment opportunities in sustainable sectors, including the blue economy
- Boosting private sector competitiveness by supporting strategic investments—particularly in energy—strengthening sustainable value chains in agriculture, tourism, and the blue economy, expanding access to finance for MSMEs, and improving water, sanitation, wastewater, and solid waste management services that are essential to reducing pollution, sustaining the coral reef, and supporting livelihoods linked to tourism, fisheries, and other marine and coastal ecosystem-based activities.
Across all pillars, the Strategy integrates social inclusion, environmental sustainability, and climate resilience, promoting integrated territorial and ecosystem management approaches such as ridge-to-reef to connect watershed, coastal, and marine management, protect the reef, and sustainably support the sectors and communities whose livelihoods depend on its conservation. The Country Strategy with Belize is valid until December 31st, 2030.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| BL-T1215 | PRIVATE FIRMS AND SME DEVELOPMENT | ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION | Supporting the digital transformation of Belizean businesses | 260,000.00 | Preparation | |
| BL-T1209 | ENVIRONMENT AND NATURAL DISASTERS | BIODIVERSITY AND PROTECTED AREAS CONSERVATION | Blue Economy Investment and Financing Platform for Belize | 300,000.00 | Preparation | |
| BL-T1210 | REFORM / MODERNIZATION OF THE STATE | REFORM AND PUBLIC SECTOR SUPPORT | Strengthening State Effectiveness and the National Digital Agenda in Belize | 250,000.00 | Preparation | |
| BL-T1213 | ENERGY | RURAL ELECTRIFICATION | Technical support for the Rural Electrification Program | 600,000.00 | Preparation | |
| BL-J0011 | ENERGY | RURAL ELECTRIFICATION | Rural Electrification Program (REP) | 2,750,000.00 | Preparation | |
| BL-T1206 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Belize National Digital Infrastructure Plan Operationalization | 250,000.00 | Preparation | |
| BL-T1212 | URBAN DEVELOPMENT AND HOUSING | SUSTAINABLE CITIES | Resilient Cities: Strengthening Climate Readiness in Belize | 320,000.00 | Preparation | |
| BL-T1214 | OTHER | OTHER | Support to the digital transformation of the Ministry of Human Development, Family Support and Gender Affairs | 300,000.00 | Preparation |
- Sector: PRIVATE FIRMS AND SME DEVELOPMENT
- Project Status: Preparation
- Approval Date:
- Financing: 260,000.00
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: REFORM / MODERNIZATION OF THE STATE
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 600,000.00
- Sector: ENERGY
- Project Status: Preparation
- Approval Date:
- Financing: 2,750,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 250,000.00
- Sector: URBAN DEVELOPMENT AND HOUSING
- Project Status: Preparation
- Approval Date:
- Financing: 320,000.00
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
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