The Inter-American Development Bank (IDB)

The Inter-American Development Bank (IDB) is a financial institution established to support economic development and social progress in Latin America and the Caribbean. It provides loans, grants, and technical assistance to countries for projects aimed at reducing poverty, improving infrastructure, and fostering sustainable development. Founded in 1959, the IDB partners with governments and organizations to promote economic growth and enhance the quality of life for citizens in the region. Its goal is to help countries improve their economies and create better opportunities for all individuals.