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IDB continues support for Belize Print E-mail
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Thursday, 24 July 2014 00:00

On Monday of this week, President of the Inter-American Development Bank (IDB) Luis Alberto Moreno met with Prime Minister Dean Barrow. In a release, Moreno has assured IDB’s partnership with Belize, aiming to spend some $30 million US dollars for this year alone in Educational Areas and Transport Infrastructural works. 

Under education spending, a 10 million U.S. dollar project “Education Quality Improvement Program” will be implemented by June of this year. Infrastructural work will also be done to rehabilitate sections of the George Price Highway bringing it up to international standards while simultaneously making it more resistant to climate changes. This program of works will be approved in November.

Following the meeting with the Prime Minister, Luis Moreno toured San Ignacio Town where he took the opportunity to visit the Cayo Welcome Center and the renovated Burns Avenue. Both improvements to San Ignacio came as part of a 13 million US dollar sustainable Tourism Program under the IDB. Accompanying Luis Moreno on his tour in San Ignacio was the  Hon. Manuel Heredia, Minister of Tourism and Culture as well as the Mayor of San Ignacio and Santa Elena, John August. As the mid day ensued the visiting team from the IDB had a lunch meeting with the Ministry of Tourism Civil Aviation and Culture.

The Cayo Welcome Center now serves as an information source for both locals and tourists. It has a conference hall as well as areas for local artists to express their works. On many occasions the Cayo Welcome Center has been utilized to provide free entertainment to members of the Public. The Cayo Welcome Center has also been used as a venue to hold public conferences by the San Ignacio and Santa Elena Town Council as it attempts to fulfill commitments with external funders.

Belize became a close partner with the IDB in 1992 making it the Bank’s youngest borrowing member Country. The IDB is now headquartered in Washington DC.  The IDB has been providing finance to both Latin America and the Caribbean and was formed in 1959.

Last Updated on Thursday, 24 July 2014 13:39