Skip to main content

Venezuela

Venezuela
Vista panorámica del Parque El Ávila en Caracas. Venezuela - Banco Interamericano de Desarrollo - BID 

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.

 

For more information, contact us.
Venezuela's representatives at the IDB

Executive Director: Jose Manuel Soto Suarez

ALTERNATE EXECUTIVE DIRECTOR(S):

  • Juan Francisco Aleman

ELECTED BY: Panama and Venezuela

Total Contribution: 67,782,365

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
VE-T1050 ENERGY ENERGY SECTOR REHABILITATION AND EFFICIENCY A Powerhouse 1 Central Simon Bolivar" Project 340,000.00 Closed Sep. 28, 2015
VE-T1099 PRIVATE FIRMS AND SME DEVELOPMENT ENTERPRISE DEVELOPMENT, CLUSTERS AND INNOVATION EmprendeTech: Building the technology-based social impact entrepreneurship ecosystem in Venezuela. 750,000.00 Closed Sep. 30, 2022
VE0023 FINANCIAL MARKETS BANKING MARKET DEVELOPMENT Pre-Investment Global Program 4,000,000.00 Closed Dec. 21, 1967
VE0058 REFORM / MODERNIZATION OF THE STATE REFORM AND PUBLIC SECTOR SUPPORT Public Administration Modernization & Descentralization 27,000,000.00 Cancelled May. 20, 1998
VE0140 WATER AND SANITATION WATER AND SANITATION Minor Rural Population Aqueduct Attention 40,000,000.00 Closed Dec. 18, 2002
TC8308133 SCIENCE AND TECHNOLOGY R&D AND INNOVATION FUNDING Advising to Conicit, Electronics 13,000.00 Closed Jul. 12, 1983
VE-T1117 Humanitarian Assistance for Populations Affected by the impacts of the Earthquakes that hit the Central Coast of Venezuela
  • Sector: ENVIRONMENT AND NATURAL DISASTERS
  • Project Status: Implementation
  • Approval Date: Jul. 1, 2026
  • Financing: 500,000.00
VE-T1116 Venezuelan Technical Assistance Program
  • Sector: OTHER
  • Project Status: Preparation
  • Approval Date:
  • Financing: 5,960,000.00
VE-T1050 A Powerhouse 1 Central Simon Bolivar" Project
  • Sector: ENERGY
  • Project Status: Closed
  • Approval Date: Sep. 28, 2015
  • Financing: 340,000.00
VE-T1099 EmprendeTech: Building the technology-based social impact entrepreneurship ecosystem in Venezuela.
  • Sector: PRIVATE FIRMS AND SME DEVELOPMENT
  • Project Status: Closed
  • Approval Date: Sep. 30, 2022
  • Financing: 750,000.00
VE0023 Pre-Investment Global Program
  • Sector: FINANCIAL MARKETS
  • Project Status: Closed
  • Approval Date: Dec. 21, 1967
  • Financing: 4,000,000.00
VE0058 Public Administration Modernization & Descentralization
  • Sector: REFORM / MODERNIZATION OF THE STATE
  • Project Status: Cancelled
  • Approval Date: May. 20, 1998
  • Financing: 27,000,000.00
VE0140 Minor Rural Population Aqueduct Attention
  • Sector: WATER AND SANITATION
  • Project Status: Closed
  • Approval Date: Dec. 18, 2002
  • Financing: 40,000,000.00
TC8308133 Advising to Conicit, Electronics
  • Sector: SCIENCE AND TECHNOLOGY
  • Project Status: Closed
  • Approval Date: Jul. 12, 1983
  • Financing: 13,000.00
See more projects
IDB Group Providing Grants of At Least $1 Million to Support Venezuela’s Emergency Response to Earthquakes
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...
IDB Group Announcement on Venezuela
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...
IDB, Amazonian Countries and the US Treasury Meet in Belem under Amazonia Forever
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...
See more News
Be the first to find out about the IDB news in Venezuela!
Subscribe
Sep 28 - 02, 2026
XIII Regional Policy Dialogue (RPD) on Environmental and Social Licensing and Compliance in Latin America and the Caribbean
04:00 AM - 02:00 PM
Panama - Panamá
Sep 28, 2026
EconNet | Stabilization vs. Growth
08:00 AM - 09:30 AM
United States - Washington, D.C.
Sep 29 - 30, 2026
Regional Policy Dialogue 2026 Built to Last: Evidence, Policy and Practice to Advance Reading, Mathematics and Equity
04:30 AM - 01:00 PM
Dominican Republic - Outro

Videos available in Spanish

Integración y gobernanza: ¿cuál será el futuro de América Latina y el Caribe en el 2030?
Learn More
¿Qué significa mejorar vidas en América Latina y el Caribe? Desarrollo de impacto con sello BID
Learn More
Topics

Discover the topics in which we work to improve lives in Latin America and the Caribbean.

See more
Country Offices

Explore our offices across countries and the work they do to improve lives.

See more
Jump back to top