Inter-american Development Bank

The Inter-American Development Bank (IDB) is a leading source of development financing for Latin America and the Caribbean, providing loans, grants, and technical assistance to support economic and social development projects. Established in 1959, the IDB aims to reduce poverty and inequality, improve health and education, and promote sustainable growth. The bank makes money through interest on loans and returns on investments. Key historical milestones include its role in regional integration and its focus on climate change and digital transformation initiatives.

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