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Officials from the Government of Belize and the IDB meet in Belize City Print E-mail
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Thursday, 13 December 2012 00:00

Friday, December 7, 2012
At the request of Inter-American Development Bank President Luis Alberto Moreno, senior officials from the Bank, including Vice President Roberto Vellutini, met in Belize City yesterday with officials from the Government of Belize to discuss the future of their partnership and strategies to advance the country’s social and economic agenda.

As a member of the IDB since 1992, Belize values the Bank’s contributions in the form of loans, grants and technical assistance to address development challenges. Belize intends to remain an active member of the IDB. Belize's membership in the Bank has also provided unique perspectives and distinctive programs.

In the last two decades, the IDB has provided US$190 million in loan financing and US$25 million in grants to Belize. The current Bank-financed portfolio in Belize includes loans in the areas of tourism, agriculture, water and sanitation, flood mitigation and citizen security, along with technical assistance grants for sectors such as health, education, social protection and disaster risk management.

In the context of the forthcoming Country Strategy 2013-2017, and in a manner consistent with IDB's role in the international financial system, the Bank and Government will continue to explore alternatives to help Belize to surpass its development challenges and achieve its national development goals.