Skip to main content

Venezuela

Venezuela

The Country Office of Venezuela works in four strategic areas of cooperation: electric power, water and sanitation, natural disaster risk management, and social protection mainly through sovereign-guaranteed interventions, as well as non reimbursable resources.

Vista panorámica del Parque El Ávila en Caracas. Venezuela - Banco Interamericano de Desarrollo - BID 
Country Office
Miguel Coronado Hunter
Miguel Coronado Hunter
IDB Country Representative in Venezuela
[email protected]

 

Overview

 

Venezuela, as a founding member country of the Inter-American Development Bank (IDB), plays a significant role in the organization. Like all IDB shareholders, Venezuela appoints a Governor who represents the country on the Board of Governors.

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.

Venezuela's representatives at the IDB

Executive Director: Gustavo Tarre Briceno

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

Address: Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3

El Rosal, Caracas, Venezuela
 

Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3

El Rosal, Caracas, Venezuela
 

Phone number: (58-212) 955-2900

E-mail:  [email protected]

Be the first to find out about the IDB news in Venezuela!
Subscribe
Jul 07 - 08, 2025
Bretton Woods 16th Annual Conference: Reordering Global Trade and Finance in a Shock-Prone World
05:00 AM - 01:30 PM
Peru - Cusco
Jul 08, 2025
Local Economic Development Agencies: Driving Economic Growth in Latin America and Beyond
09:30 AM - 11:00 AM
Colombia - Bogotá
Jul 17, 2025
Code4Dev | Learn to Optimize Your Open-Source Repositories with GitHub
12:00 PM - 01:30 PM
United States of America - 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
¿Cuáles son los ejes para una integración regional inteligente, sostenible e inclusiva?
Learn More
Strategy and Projects

The IDB Group is actively addressing the socio-economic crisis impacting the nation through targeted actions for the 2021-2023 period. Our approach focuses on two main strategic areas:

(i) Humanitarian Crisis Response: We are implementing measures to tackle immediate humanitarian needs.
(ii) Recovery Preparation: We are preparing interventions to support the country's recovery once the current political and financial challenges are resolved.

These strategic areas are supported by two essential cross-cutting themes:

(i) Knowledge Generation and Dissemination: Enhancing data and information to guide decision-making and policy development.
(ii) Migration Crisis Management: Addressing the challenges and impacts of migration.

Our goal is to lead a well-informed dialogue and execute actions aimed at the nation's social and economic recovery. This includes:

  1. Strengthening Public Finances: Ensuring fiscal stability and effective resource management
  2. Enhancing the Social Safety Net: Improving support systems for vulnerable populations
  3. Upgrading Public Services: Enhancing the quality and accessibility of essential services
  4. Developing Human Capital: Investing in education and workforce development

Additionally, we aim to promote private investment, bolster institutional capacity, and uphold the rule of law. Our actions also integrate key considerations such as:

(i) Climate Change and Sustainability: Ensuring that our interventions contribute to environmental sustainability.
(ii) Social and Economic Integration: Fostering inclusive growth and integration across different sectors of society.

By focusing on these priorities, the IDB Group is committed to supporting the nation's recovery and long-term development.

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 Venezuela
Download
Project Number Sector Subsector Project Title Financing Project Status Approval Date
TC7208011 ENVIRONMENT AND NATURAL DISASTERS COASTAL ZONE MANAGEMENT Fishing Sector Development Program 110,000.00 Closed Aug. 3, 1972
TC8407240 AGRICULTURE AND RURAL DEVELOPMENT AGRICULTURAL RESEARCH AND INNOVATION Advisory for Agricultural Credit Fund 15,000.00 Closed Jul. 31, 1984
TC8906317 - - Venezuela Admittance to the Gatt 30,000.00 Closed Oct. 20, 1989
TC9206203 - - Investment Social Program 16,000.00 Closed Sep. 4, 1992
TC9605140 SOCIAL INVESTMENT SOCIAL INVESTMENT Support to Social Development Program 15,000.00 Closed Jun. 7, 1996
TC9810301 INDUSTRY INDUSTRY Review Quartz Crystal Production 19,500.00 Closed Oct. 20, 1998
VE-L1037 WATER AND SANITATION SANITATION URBAN Sanitation of Guaire River 370,000,000.00 Closed Sep. 13, 2012
VE-T1001 SOCIAL INVESTMENT INDIGENOUS PEOPLES DEVELOPMENT Training of Trainers on Indigenous Land Demarcation/Support to Indigenous Comm 100,000.00 Closed Apr. 4, 2005
TC7208011 Fishing Sector Development Program
  • Sector: ENVIRONMENT AND NATURAL DISASTERS
  • Project Status: Closed
  • Approval Date: Aug. 3, 1972
  • Financing: 110,000.00
TC8407240 Advisory for Agricultural Credit Fund
  • Sector: AGRICULTURE AND RURAL DEVELOPMENT
  • Project Status: Closed
  • Approval Date: Jul. 31, 1984
  • Financing: 15,000.00
TC8906317 Venezuela Admittance to the Gatt
  • Sector: -
  • Project Status: Closed
  • Approval Date: Oct. 20, 1989
  • Financing: 30,000.00
TC9206203 Investment Social Program
  • Sector: -
  • Project Status: Closed
  • Approval Date: Sep. 4, 1992
  • Financing: 16,000.00
TC9605140 Support to Social Development Program
  • Sector: SOCIAL INVESTMENT
  • Project Status: Closed
  • Approval Date: Jun. 7, 1996
  • Financing: 15,000.00
TC9810301 Review Quartz Crystal Production
  • Sector: INDUSTRY
  • Project Status: Closed
  • Approval Date: Oct. 20, 1998
  • Financing: 19,500.00
VE-L1037 Sanitation of Guaire River
  • Sector: WATER AND SANITATION
  • Project Status: Closed
  • Approval Date: Sep. 13, 2012
  • Financing: 370,000,000.00
VE-T1001 Training of Trainers on Indigenous Land Demarcation/Support to Indigenous Comm
  • Sector: SOCIAL INVESTMENT
  • Project Status: Closed
  • Approval Date: Apr. 4, 2005
  • Financing: 100,000.00
See more projects
Be the first to find out about the IDB news in Venezuela!
Subscribe
Country Office
Miguel Coronado Hunter
Miguel Coronado Hunter
IDB Country Representative in Venezuela
[email protected]

 

Overview

 

Venezuela, as a founding member country of the Inter-American Development Bank (IDB), plays a significant role in the organization. Like all IDB shareholders, Venezuela appoints a Governor who represents the country on the Board of Governors.

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.

Venezuela's representatives at the IDB

Executive Director: Gustavo Tarre Briceno

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

Address: Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3

El Rosal, Caracas, Venezuela
 

Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3

El Rosal, Caracas, Venezuela
 

Phone number: (58-212) 955-2900

E-mail:  [email protected]

Be the first to find out about the IDB news in Venezuela!
Subscribe
Jul 07 - 08, 2025
Bretton Woods 16th Annual Conference: Reordering Global Trade and Finance in a Shock-Prone World
05:00 AM - 01:30 PM
Peru - Cusco
Jul 08, 2025
Local Economic Development Agencies: Driving Economic Growth in Latin America and Beyond
09:30 AM - 11:00 AM
Colombia - Bogotá
Jul 17, 2025
Code4Dev | Learn to Optimize Your Open-Source Repositories with GitHub
12:00 PM - 01:30 PM
United States of America - 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
¿Cuáles son los ejes para una integración regional inteligente, sostenible e inclusiva?
Learn More
Strategy and Projects

The IDB Group is actively addressing the socio-economic crisis impacting the nation through targeted actions for the 2021-2023 period. Our approach focuses on two main strategic areas:

(i) Humanitarian Crisis Response: We are implementing measures to tackle immediate humanitarian needs.
(ii) Recovery Preparation: We are preparing interventions to support the country's recovery once the current political and financial challenges are resolved.

These strategic areas are supported by two essential cross-cutting themes:

(i) Knowledge Generation and Dissemination: Enhancing data and information to guide decision-making and policy development.
(ii) Migration Crisis Management: Addressing the challenges and impacts of migration.

Our goal is to lead a well-informed dialogue and execute actions aimed at the nation's social and economic recovery. This includes:

  1. Strengthening Public Finances: Ensuring fiscal stability and effective resource management
  2. Enhancing the Social Safety Net: Improving support systems for vulnerable populations
  3. Upgrading Public Services: Enhancing the quality and accessibility of essential services
  4. Developing Human Capital: Investing in education and workforce development

Additionally, we aim to promote private investment, bolster institutional capacity, and uphold the rule of law. Our actions also integrate key considerations such as:

(i) Climate Change and Sustainability: Ensuring that our interventions contribute to environmental sustainability.
(ii) Social and Economic Integration: Fostering inclusive growth and integration across different sectors of society.

By focusing on these priorities, the IDB Group is committed to supporting the nation's recovery and long-term development.

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 Venezuela
Download
Project Number Sector Subsector Project Title Financing Project Status Approval Date
TC8303240 EDUCATION COMPENSATORY EDUCATION Advising to Corpoturismo, Reestructurat. 16,000.00 Closed Apr. 19, 1983
TC8702161 AGRICULTURE AND RURAL DEVELOPMENT IRRIGATION AND DRAINAGE Identif., Projects of Basins Management 26,000.00 Closed Feb. 19, 1987
TC9101239 - - Bolivar Program 30,000.00 Closed Feb. 13, 1991
TC9308330 ENERGY ENERGY Training for Fundelec 20,000.00 Closed Aug. 20, 1993
TC9705297 REFORM / MODERNIZATION OF THE STATE REFORM / MODERNIZATION OF THE STATE Citizen Education Support Program 210,000.00 Closed Dec. 18, 1997
VE-L1003 ENERGY NEW HYDROPOWER PROJECTS Tocoma Hydroelectric Power Plant 3,061,000,000.00 Closed Nov. 14, 2005
VE-L1059 PRIVATE FIRMS AND SME DEVELOPMENT MICROENTERPRISE DEVELOPMENT Support to Acam-San Cristobal 500,000.00 Closed Dec. 14, 1993
VE-T1026 SOCIAL INVESTMENT POVERTY ALLEVIATION National System of Youth Orchestras. Impact Evaluation 995,000.00 Closed Sep. 19, 2011
TC8303240 Advising to Corpoturismo, Reestructurat.
  • Sector: EDUCATION
  • Project Status: Closed
  • Approval Date: Apr. 19, 1983
  • Financing: 16,000.00
TC8702161 Identif., Projects of Basins Management
  • Sector: AGRICULTURE AND RURAL DEVELOPMENT
  • Project Status: Closed
  • Approval Date: Feb. 19, 1987
  • Financing: 26,000.00
TC9101239 Bolivar Program
  • Sector: -
  • Project Status: Closed
  • Approval Date: Feb. 13, 1991
  • Financing: 30,000.00
TC9308330 Training for Fundelec
  • Sector: ENERGY
  • Project Status: Closed
  • Approval Date: Aug. 20, 1993
  • Financing: 20,000.00
TC9705297 Citizen Education Support Program
  • Sector: REFORM / MODERNIZATION OF THE STATE
  • Project Status: Closed
  • Approval Date: Dec. 18, 1997
  • Financing: 210,000.00
VE-L1003 Tocoma Hydroelectric Power Plant
  • Sector: ENERGY
  • Project Status: Closed
  • Approval Date: Nov. 14, 2005
  • Financing: 3,061,000,000.00
VE-L1059 Support to Acam-San Cristobal
  • Sector: PRIVATE FIRMS AND SME DEVELOPMENT
  • Project Status: Closed
  • Approval Date: Dec. 14, 1993
  • Financing: 500,000.00
VE-T1026 National System of Youth Orchestras. Impact Evaluation
  • Sector: SOCIAL INVESTMENT
  • Project Status: Closed
  • Approval Date: Sep. 19, 2011
  • Financing: 995,000.00
See more projects
Be the first to find out about the IDB news in Venezuela!
Subscribe
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