Central America to Request Further Assistance from the IDB

At the IDB meeting which is being held in Managua, the countries will request to operate with a higher fiscal deficit in their public finances.

Thursday, March 5, 2009

Prensa Libre published on its website: "The Nicaraguan Minister of Finance and Public Credit, Alberto Guevara, said that a regional joint position on different subjects will be accorded for presentation at the annual meeting of that organism’s Board of Governors.

In addition, the Nicaraguan minister said that in order to offset the economic crisis, Central America will demand greater flexibility, similar to the one implemented in developed countries, from the IDB."

More on this topic

IDB Annual Meeting in Panama

February 2013

The Inter-American Development Bank will hold its Annual Meeting in Panama City from 14 to 17 March, gathering together major economic authorities of the 48 member countries.

A statement from the Inter-American Development Bank (IDB) reads:

The Inter-American Development Bank conducts its Annual Meeting in Panama

2013 IBD Governors Meeting to be Held in Panama

March 2012

The annual Inter-American Development Bank meeting will be held in Panama City and will host more than 4,000 representatives from public and private sectors from 48 countries.

The Inter-American Development Bank (IDB) will hold its next annual meeting from 14th to 18th March 2013 in Panama City, in the presence of the economic authorities of its 48 member countries, announced Tomás Bermúdez, representative in Panama of this multilateral organization, reported Capital.com.pa.

Nicaragua Rules Out Creating Security Tax

August 2011

While other Central American countries are preparing taxes to combat insecurity, Nicaragua declares that it is not an appropriate option.

The president of Guatemala, Alvaro Colom, proposed to his peers in the isthmus region the creation of specific tax to combat organized crime and the violence it generates.

IDB Increases Support to Central America

March 2009

During a meeting of Governors, IDB President Luis Alberto Moreno announced that the entity will increase its support to countries in the region.

Proceso Digital published on its website: "’At this juncture, we have to lend more and that is our obligation and why we are here,' said the head of the IDB in his opening speech.

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