Inter-American Development Bank (IDB)

The Inter-American Development Bank (IDB) is a major international organization that supports economic development and social progress in Latin America and the Caribbean. Established in 1959, it provides loans, grants, and technical assistance to help countries reduce poverty, improve infrastructure, and promote sustainable development. The IDB collaborates with governments and other stakeholders to implement projects that enhance education, healthcare, transportation, and more. Its goal is to foster economic growth and improve living conditions for people in the region, ultimately contributing to regional stability and prosperity.