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Panama
Panama

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.

Vista panorámica de la Ciudad de Panamá. Panamá - Banco Interamericano de Desarrollo - BID 
Country Office

The objective of the IDB Group Country Strategy with Panama for the period 2021 – 2024 is to support the authorities’ efforts to jumpstart economic recovery, and to help Panama consolidate its position as a high-income country over the medium term in an inclusive and sustainable way.

Three areas were identified during the dialogue process in which the IDB Group can contribute to this objective in the coming years:

(i) modernizing public management;

(ii) improving the delivery of basic services; and

(iii) reigniting and diversifying productive activity. The IDB Group’s support will be tailored to the country’s needs arising from the health crisis and its social and economic impact, as well as with the process of rekindling growth.

Information technology will be considered in each strategic area and the crosscutting issues of gender, diversity, environmental sustainability, climate change adaptation, and institutional strengthening will be addressed.

Tomás Bermúdez Representante Grupo Países de Centroamérica. Desarrollo Sostenible - Banco Interamericano de Desarrollo - BID
Tomás Bermúdez
Representative
BIDPanama@iadb.org

 

Our Team on The Ground

Address: Calle 50 con calle Elvira Méndez, Edificio Tower Financial Center (Towerbank), piso 23. Panama, Panama

Mailing Address: Apartado postal: 0816-02900 zona 5 Panama, Panama

(T) (507) 206-0900

Country representation

Executive Director: Gustavo Tarre Briceno

ALTERNATE EXECUTIVE DIRECTOR(S):

  • Carlos Alberto Vallarino Rangel

ELECTED BY: Panama and Venezuela

Total Contribution: 17,017,200

Number of votes: 64,649

of the institution's ownership

Costa Rica and Panama Inaugurate Innovative Border Crossing Backed by the IDB
The presidents of Costa Rica, Rodrigo Chaves, and of Panama, Laurentino Cortizo, today inaugurated the Integrated Control Center in Paso Canoas, Costa Rica, which will process the crossing of goods and people entering the country from Panama. The Inter-American Development Bank (IDB) provided...
February 20, 2024
IDB Announces Settlement with Egis Eau and Egis International regarding Prohibited Practices
The Inter-American Development Bank has announced the debarment of Egis Eau S.A.S. and Egis International S.A.S. (the “Investigated Parties”) for three years in connection with allegations of fraudulent and corrupt practices relating to the supervision of water and sanitation works financed with...
January 04, 2024
Panama to Modernize Justice System with IDB Support
The Inter-American Development Bank (IDB) approved a $60 million credit line to enhance the management of Panama’s justice system using digital technologies. It also approved the first individual $30 million loan under the credit line. This loan will focus on supporting the digital transformation of...
September 28, 2023
Feb 26, 2024
EconNet: Becoming Legible to the State: The Role of Identification and Collection Capacity in Tax Compliance
07:00 AM - 08:30 AM
United States - Washington, D.C.
Mar 13, 2024
Launch of Government at a Glance: Latin America and the Caribbean 2024
06:00 AM - 07:25 AM
Jul 18, 2024
The Win-Win of Unbranded Generic Drugs Substitution: The Chile and Dominican Republic cases
06:00 AM - 07:00 AM
United States - Washington, D.C.

Videos available in Spanish

Panamá Camina: experimentación urbana para el encuentro ciudadano y movilidad segura
Learn More
Ampliación del Canal de Panamá: mas logística, más conectividad con orgullo latinoamericano
Learn More
¿Cuáles son los ejes para una integración regional inteligente, sostenible e inclusiva?
Learn More
El Grupo BID y Panamá
Learn More
Strategy and Projects

Panama is one of the founding member countries of the IDB. Like all the shareholders, Panama appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Panama is represented by a chair on the Board of Executive Directors. The chair, shared with Venezuela, is headed by an Executive Director, who is elected to a three-year term by the Governors of Panama and Venezuela.

Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.  

hands
IDB Country Strategy with Panama 2021-2024
Download
hands
Acceptance of Partial Use of Country Procurement Systems
Download
Project Number Sector Projects Financing Project Status Approval Date
PN-L1178 SOCIAL INVESTMENT Program to Support the Strengthening of the Social Protection System 200,000,000 Preparation
PN-T1354 SCIENCE AND TECHNOLOGY Knowledge exchange to support the Semiconductor Value Chains in Panama and Costa Rica 20,000 Preparation
PN-T1339 OTHER Action Plan C&D 377,364 Implementation
PN-T1340 REFORM / MODERNIZATION OF THE STATE Knowledge Exchange to Strenghten of the Public Credit Directorate of Panama 13,256 Implementation
PN-T1336 PRIVATE FIRMS AND SME DEVELOPMENT Boosting Indigenous Nature-based Business Models 1,100,000 Implementation
PN-T1338 SOCIAL INVESTMENT Strengthening the economic axis of the Comprehensive Development Plan for Indigenous Peoples of Panama 100,000 Implementation
PN-T1337 TRANSPORT Preparation of Public-Private Partnership (PPP) Projects for the Development of Efficient and Sustainable Infrastructure 560,000 Preparation
PN-G1012 TRANSPORT Comprehensive project for electromobility and increasing the resilience of the public transport infrastructure of Panama City 9,000,000 Preparation
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Country Office

The objective of the IDB Group Country Strategy with Panama for the period 2021 – 2024 is to support the authorities’ efforts to jumpstart economic recovery, and to help Panama consolidate its position as a high-income country over the medium term in an inclusive and sustainable way.

Three areas were identified during the dialogue process in which the IDB Group can contribute to this objective in the coming years:

(i) modernizing public management;

(ii) improving the delivery of basic services; and

(iii) reigniting and diversifying productive activity. The IDB Group’s support will be tailored to the country’s needs arising from the health crisis and its social and economic impact, as well as with the process of rekindling growth.

Information technology will be considered in each strategic area and the crosscutting issues of gender, diversity, environmental sustainability, climate change adaptation, and institutional strengthening will be addressed.

Tomás Bermúdez Representante Grupo Países de Centroamérica. Desarrollo Sostenible - Banco Interamericano de Desarrollo - BID
Tomás Bermúdez
Representative
BIDPanama@iadb.org

 

Our Team on The Ground

Address: Calle 50 con calle Elvira Méndez, Edificio Tower Financial Center (Towerbank), piso 23. Panama, Panama

Mailing Address: Apartado postal: 0816-02900 zona 5 Panama, Panama

(T) (507) 206-0900

Country representation

Executive Director: Gustavo Tarre Briceno

ALTERNATE EXECUTIVE DIRECTOR(S):

  • Carlos Alberto Vallarino Rangel

ELECTED BY: Panama and Venezuela

Total Contribution: 17,017,200

Number of votes: 64,649

of the institution's ownership

Costa Rica and Panama Inaugurate Innovative Border Crossing Backed by the IDB
The presidents of Costa Rica, Rodrigo Chaves, and of Panama, Laurentino Cortizo, today inaugurated the Integrated Control Center in Paso Canoas, Costa Rica, which will process the crossing of goods and people entering the country from Panama. The Inter-American Development Bank (IDB) provided...
February 20, 2024
IDB Announces Settlement with Egis Eau and Egis International regarding Prohibited Practices
The Inter-American Development Bank has announced the debarment of Egis Eau S.A.S. and Egis International S.A.S. (the “Investigated Parties”) for three years in connection with allegations of fraudulent and corrupt practices relating to the supervision of water and sanitation works financed with...
January 04, 2024
Panama to Modernize Justice System with IDB Support
The Inter-American Development Bank (IDB) approved a $60 million credit line to enhance the management of Panama’s justice system using digital technologies. It also approved the first individual $30 million loan under the credit line. This loan will focus on supporting the digital transformation of...
September 28, 2023
Feb 26, 2024
EconNet: Becoming Legible to the State: The Role of Identification and Collection Capacity in Tax Compliance
07:00 AM - 08:30 AM
United States - Washington, D.C.
Mar 13, 2024
Launch of Government at a Glance: Latin America and the Caribbean 2024
06:00 AM - 07:25 AM
Jul 18, 2024
The Win-Win of Unbranded Generic Drugs Substitution: The Chile and Dominican Republic cases
06:00 AM - 07:00 AM
United States - Washington, D.C.

Videos available in Spanish

Panamá Camina: experimentación urbana para el encuentro ciudadano y movilidad segura
Learn More
Ampliación del Canal de Panamá: mas logística, más conectividad con orgullo latinoamericano
Learn More
¿Cuáles son los ejes para una integración regional inteligente, sostenible e inclusiva?
Learn More
El Grupo BID y Panamá
Learn More
Strategy and Projects

Panama is one of the founding member countries of the IDB. Like all the shareholders, Panama appoints a Governor, who represents the country on the Board of Governors.

For day-to-day business at the Bank's Headquarters in Washington, D.C., Panama is represented by a chair on the Board of Executive Directors. The chair, shared with Venezuela, is headed by an Executive Director, who is elected to a three-year term by the Governors of Panama and Venezuela.

Country strategies remain valid for one year beyond the stated period, as they remain active throughout the preparation of the following strategy.  

hands
IDB Country Strategy with Panama 2021-2024
Download
hands
Acceptance of Partial Use of Country Procurement Systems
Download
Project Number Sector Projects Financing Project Status Approval Date
PN-L1178 SOCIAL INVESTMENT Program to Support the Strengthening of the Social Protection System 200,000,000 Preparation
PN-T1354 SCIENCE AND TECHNOLOGY Knowledge exchange to support the Semiconductor Value Chains in Panama and Costa Rica 20,000 Preparation
PN-T1339 OTHER Action Plan C&D 377,364 Implementation
PN-T1340 REFORM / MODERNIZATION OF THE STATE Knowledge Exchange to Strenghten of the Public Credit Directorate of Panama 13,256 Implementation
PN-T1336 PRIVATE FIRMS AND SME DEVELOPMENT Boosting Indigenous Nature-based Business Models 1,100,000 Implementation
PN-T1338 SOCIAL INVESTMENT Strengthening the economic axis of the Comprehensive Development Plan for Indigenous Peoples of Panama 100,000 Implementation
PN-T1337 TRANSPORT Preparation of Public-Private Partnership (PPP) Projects for the Development of Efficient and Sustainable Infrastructure 560,000 Preparation
PN-G1012 TRANSPORT Comprehensive project for electromobility and increasing the resilience of the public transport infrastructure of Panama City 9,000,000 Preparation
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