
Inter-American Development Bank
The Inter-American Development Bank (IDB) is a major financial institution that supports economic and social development in Latin America and the Caribbean. Established in 1959, it provides loans, grants, and expertise to help countries tackle issues like poverty, education, and infrastructure. The IDB works with governments and private sectors to promote sustainable development and improve living standards. Its goal is to enhance regional cooperation and integration, fostering economic growth and stability throughout the Americas.