Together with the different governments of Panama, for over 60 years, we have contributed to the progress of the country, promoting development with equity and social inclusion.
Overview
Panama is a founding member of the Inter-American Development Bank (IDB). As with all shareholders, Panama appoints a Governor to represent the country on the IDB Board of Governors.
At the IDB Headquarters in Washington, D.C., Panama is represented on the Board of Executive Directors. This position is shared with Venezuela and is held by an Executive Director elected to a three-year term by the Governors of Panama and Venezuela.
Executive Director: Gustavo Tarre Briceno
ALTERNATE EXECUTIVE DIRECTOR(S):
- Juan Francisco Aleman
ELECTED BY: Panama and Venezuela
Total Contribution: 17,017,200
Number of votes: 64,649
of the institution's ownership
Address: Calle 50 con calle Elvira Méndez
Edificio Tower Financial Center (Towerbank), piso 23
Panama City, Panama
Apartado postal: 0816-02900 zona 5
Panama City, Panama
Phone number: (T) (507) 206-0900
E-mail: BIDPanama@iadb.org
Videos available in Spanish
The IDB Group’s Country Strategy with Panama for 2021-2024 aims to support the country’s economic recovery efforts and help Panama solidify its status as a high-income nation in an inclusive and sustainable manner.
- Modernizing Public Management: Enhancing the efficiency and effectiveness of public sector operations.
- Improving Basic Service Delivery: Ensuring better access to and quality of essential services.
- Reigniting and Diversifying Productive Activity: Stimulating and expanding economic activities for broader growth.
The IDB Group’s support will be customized to address the needs arising from the health crisis and its socio-economic impacts, as well as to stimulate renewed economic growth. Information technology will be integrated into each strategic area, and cross-cutting issues such as gender equality, diversity, environmental sustainability, climate change adaptation, and institutional strengthening will be addressed comprehensively.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| PN-L1193 | SOCIAL INVESTMENT | PENSIONS & SOCIAL SECURITY | Program for the Improvement of the Pension System of the Social Security Fund in Panama | 400,000,000.00 | Preparation | |
| PN-L1178 | SOCIAL INVESTMENT | POVERTY ALLEVIATION | Program to Support the Strengthening of the Social Protection System | 300,000,000.00 | Closed | Nov. 6, 2024 |
| PN-T1338 | SOCIAL INVESTMENT | INDIGENOUS PEOPLES DEVELOPMENT | Strengthening the economic axis of the Comprehensive Development Plan for Indigenous Peoples of Panama | 100,000.00 | Implementation | Nov. 30, 2023 |
| PN-T1361 | WATER AND SANITATION | SOLID WASTE | Preparation of the prefeasibility studies of the Integral Solid Waste Management Project of the Panama District and San Miguelito | 300,000.00 | Implementation | Feb. 5, 2025 |
| PN-T1377 | URBAN DEVELOPMENT AND HOUSING | SUSTAINABLE CITIES | Support for the strengthening of urban planning and management in Panama City | 600,000.00 | Preparation | |
| PN-T1369 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Strengthening of the Guarantee Fund of Panama | 300,000.00 | Preparation | |
| PN-T1373 | REGIONAL INTEGRATION | REGIONAL AND CROSS-BORDER COOPERATION | Strengthening Investment Attraction and Export in Panama | 300,000.00 | Preparation | |
| PN-T1371 | SOCIAL INVESTMENT | PENSIONS & SOCIAL SECURITY | Support for strengthening the disability, old age and death regime of the Social Security Fund in Panama | 450,000.00 | Preparation |
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 400,000,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Closed
- Approval Date: Nov. 6, 2024
- Financing: 300,000,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Implementation
- Approval Date: Nov. 30, 2023
- Financing: 100,000.00
- Sector: WATER AND SANITATION
- Project Status: Implementation
- Approval Date: Feb. 5, 2025
- Financing: 300,000.00
- Sector: URBAN DEVELOPMENT AND HOUSING
- Project Status: Preparation
- Approval Date:
- Financing: 600,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: REGIONAL INTEGRATION
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 450,000.00
Overview
Panama is a founding member of the Inter-American Development Bank (IDB). As with all shareholders, Panama appoints a Governor to represent the country on the IDB Board of Governors.
At the IDB Headquarters in Washington, D.C., Panama is represented on the Board of Executive Directors. This position is shared with Venezuela and is held by an Executive Director elected to a three-year term by the Governors of Panama and Venezuela.
Executive Director: Gustavo Tarre Briceno
ALTERNATE EXECUTIVE DIRECTOR(S):
- Juan Francisco Aleman
ELECTED BY: Panama and Venezuela
Total Contribution: 17,017,200
Number of votes: 64,649
of the institution's ownership
Address: Calle 50 con calle Elvira Méndez
Edificio Tower Financial Center (Towerbank), piso 23
Panama City, Panama
Apartado postal: 0816-02900 zona 5
Panama City, Panama
Phone number: (T) (507) 206-0900
E-mail: BIDPanama@iadb.org
Videos available in Spanish
The IDB Group’s Country Strategy with Panama for 2021-2024 aims to support the country’s economic recovery efforts and help Panama solidify its status as a high-income nation in an inclusive and sustainable manner.
- Modernizing Public Management: Enhancing the efficiency and effectiveness of public sector operations.
- Improving Basic Service Delivery: Ensuring better access to and quality of essential services.
- Reigniting and Diversifying Productive Activity: Stimulating and expanding economic activities for broader growth.
The IDB Group’s support will be customized to address the needs arising from the health crisis and its socio-economic impacts, as well as to stimulate renewed economic growth. Information technology will be integrated into each strategic area, and cross-cutting issues such as gender equality, diversity, environmental sustainability, climate change adaptation, and institutional strengthening will be addressed comprehensively.
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| PN-L1193 | SOCIAL INVESTMENT | PENSIONS & SOCIAL SECURITY | Program for the Improvement of the Pension System of the Social Security Fund in Panama | 400,000,000.00 | Preparation | |
| PN-L1178 | SOCIAL INVESTMENT | POVERTY ALLEVIATION | Program to Support the Strengthening of the Social Protection System | 300,000,000.00 | Closed | Nov. 6, 2024 |
| PN-T1338 | SOCIAL INVESTMENT | INDIGENOUS PEOPLES DEVELOPMENT | Strengthening the economic axis of the Comprehensive Development Plan for Indigenous Peoples of Panama | 100,000.00 | Implementation | Nov. 30, 2023 |
| PN-T1361 | WATER AND SANITATION | SOLID WASTE | Preparation of the prefeasibility studies of the Integral Solid Waste Management Project of the Panama District and San Miguelito | 300,000.00 | Implementation | Feb. 5, 2025 |
| PN-T1377 | URBAN DEVELOPMENT AND HOUSING | SUSTAINABLE CITIES | Support for the strengthening of urban planning and management in Panama City | 600,000.00 | Preparation | |
| PN-T1369 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Strengthening of the Guarantee Fund of Panama | 300,000.00 | Preparation | |
| PN-T1373 | REGIONAL INTEGRATION | REGIONAL AND CROSS-BORDER COOPERATION | Strengthening Investment Attraction and Export in Panama | 300,000.00 | Preparation | |
| PN-T1371 | SOCIAL INVESTMENT | PENSIONS & SOCIAL SECURITY | Support for strengthening the disability, old age and death regime of the Social Security Fund in Panama | 450,000.00 | Preparation |
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 400,000,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Closed
- Approval Date: Nov. 6, 2024
- Financing: 300,000,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Implementation
- Approval Date: Nov. 30, 2023
- Financing: 100,000.00
- Sector: WATER AND SANITATION
- Project Status: Implementation
- Approval Date: Feb. 5, 2025
- Financing: 300,000.00
- Sector: URBAN DEVELOPMENT AND HOUSING
- Project Status: Preparation
- Approval Date:
- Financing: 600,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: REGIONAL INTEGRATION
- Project Status: Preparation
- Approval Date:
- Financing: 300,000.00
- Sector: SOCIAL INVESTMENT
- Project Status: Preparation
- Approval Date:
- Financing: 450,000.00
Discover the topic in which we work to improve lives in Latin America and the Caribbean.
Explore our offices across countries and the work they do to improve lives.