For daily operations at the IDB’s Headquarters in Washington, D.C., Venezuela is represented on the Board of Executive Directors. This position is shared with Panama and is led by an Executive Director. The Executive Director is elected to a three-year term by the Governors of both Venezuela and Panama.
Executive Director:
ALTERNATE EXECUTIVE DIRECTOR(S):
- Juan Francisco Aleman
ELECTED BY: Panama and Venezuela
Total Contribution: 67,782,400
Number of votes: 482,402
of the institution's ownership
| Project Number | Sector | Subsector | Project Title | Financing | Project Status | Approval Date |
|---|---|---|---|---|---|---|
| VE-T1117 | ENVIRONMENT AND NATURAL DISASTERS | IMMEDIATE RESPONSE TO EMERGENCY | Humanitarian Assistance for Populations Affected by the impacts of the Earthquakes that hit the Central Coast of Venezuela | 500,000.00 | Implementation | Jul. 1, 2026 |
| VE-T1116 | OTHER | OTHER | Venezuelan Technical Assistance Program | 5,960,000.00 | Preparation | |
| TC8308133 | SCIENCE AND TECHNOLOGY | R&D AND INNOVATION FUNDING | Advising to Conicit, Electronics | 13,000.00 | Closed | Jul. 12, 1983 |
| TC8806202 | SCIENCE AND TECHNOLOGY | R&D AND INNOVATION FUNDING | Financing Program for Science & Technol. | 12,100.00 | Closed | Oct. 17, 1988 |
| TC9105033 | - | - | Livestock Control | 30,000.00 | Closed | Jun. 13, 1991 |
| TC9412488 | - | - | Preparation of Laws and Regulations | 30,000.00 | Closed | Dec. 27, 1994 |
| TC9710353 | FINANCIAL MARKETS | BANKING MARKET DEVELOPMENT | Preparation of the Forintur Program | 850,000.00 | Cancelled | Apr. 22, 1998 |
| VE-L1021 | ENERGY | NEW POWER DISTRIBUTION & TRANSMISSION PROJECTS | Comprehensive Institutional Development of CORPOELEC | 250,000,000.00 | Closed | Oct. 14, 2009 |
- Sector: ENVIRONMENT AND NATURAL DISASTERS
- Project Status: Implementation
- Approval Date: Jul. 1, 2026
- Financing: 500,000.00
- Sector: OTHER
- Project Status: Preparation
- Approval Date:
- Financing: 5,960,000.00
- Sector: SCIENCE AND TECHNOLOGY
- Project Status: Closed
- Approval Date: Jul. 12, 1983
- Financing: 13,000.00
- Sector: SCIENCE AND TECHNOLOGY
- Project Status: Closed
- Approval Date: Oct. 17, 1988
- Financing: 12,100.00
- Sector: -
- Project Status: Closed
- Approval Date: Jun. 13, 1991
- Financing: 30,000.00
- Sector: -
- Project Status: Closed
- Approval Date: Dec. 27, 1994
- Financing: 30,000.00
- Sector: FINANCIAL MARKETS
- Project Status: Cancelled
- Approval Date: Apr. 22, 1998
- Financing: 850,000.00
- Sector: ENERGY
- Project Status: Closed
- Approval Date: Oct. 14, 2009
- Financing: 250,000,000.00
WASHINGTON — The Inter-American Development Bank Group (IDB Group) will provide a grant package totaling at least $1 million to support Venezuela's emergency response following the earthquakes that struck the country's central coast.The resources will support:Immediate humanitarian assistance...
WASHINGTON — The Inter-American Development Bank Group (IDB Group) will engage with the government of Venezuela under a new Governor, after a consultation with its member countries. The IDB Group has taken note of the appointment of Calixto José Ortega Sánchez as Governor to the Boards of Governors...
Amazonia Forever program marks one-year anniversary with operations portfolio growing to $4.2 billion BELÉM, Brazil— The U.S. Secretary of the Treasury, Janet Yellen, Ministers from the Amazonian countries, and the IDB president, Ilan Goldfajn, met today to discuss opportunities for cooperation...
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