Venezuela
VENEZUELA
ANDEAN GROUP (CAN)

OVERVIEW

The IDB Group has been developing and implementing actions for 2021-2023 to respond to the socio-economic crisis affecting the nation. This work focuses on two strategic axes: addressing the humanitarian crisis and preparing interventions for the country´s recovery once the political and financial situation ends. Based on the needs and limitations, these axes comprise two cross-cutting themes: knowledge generation and dissemination and addressing the migration crisis. The goal is to allow the Bank to lead an informed dialogue and implement actions for the country’s social and economic recovery, including strengthening public finances, the social safety net, improved public services, and human capital. Furthermore, the aim is to promote and attract private investment and strengthen institutions and the rule of law. To the same extent, these actions incorporate climate change and sustainability, and social and economic integration.

Active Portfolio of Loans by Sector*

TOTAL APPROVED AMOUNT
$
9.74B

    *The portfolio includes all sovereign guaranteed projects financed by all funds of The Bank, including the IDB Grant Facility, which are in the stage of implementation.

    Resultado
    340 Projects completed
    Our team on the ground
    Representative:
    Miguel Coronado Hunter
    Address:
    Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3, El Rosal
    Caracas
    Venezuela
    Mailing Address:
    Av. Venezuela, Torre Principal Banco Bicentenario, Piso 3, El Rosal
    Caracas
    Venezuela
    (T) (58-212) 955-2900
    (F) (58-212) 955-2999