GLOBAL IMBALANCES, INVESTMENT IN LATAM TO BE DISCUSSED DURING IDB MEETING

Washington, February 22- The Inter-American Development Bank (IDB) will hold its Annual Meeting in Calgary, Canada, from March 25 to 28, with the participation of top government authorities from the Bank’s 48 member countries, including several finance ministers and central bank chiefs.

The meeting will look at the economic challenges facing Latin America and the Caribbean as well as the Bank’s future operations in the region. Participants will also look at the development challenges facing Latin America and the Caribbean in key areas such as private sector investment, climate change, renewable energy, urban development and regional integration, among others. The IDB is the largest provider of multilateral development resources for Latin America and the Caribbean, with a focus on reducing poverty and inequality, and promoting sustainable growth.

Representatives of other multilateral financial institutions, development agencies, top energy companies and banks will also attend the gathering. The event marks the 52nd annual meeting of the IDB’s Board of Governors, where key decisions about the Bank’s future operations are made. Members of the press can register to the event and access a preliminary agenda for the gathering at the Annual Meeting’s Website.

On March 25–26, prior to the Board Meeting, a series of seminars will discuss global economic imbalances, the region’s economic and financial prospects, and current challenges, particularly related to investment in large infrastructure projects in the region and fostering sustainable urban development.

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