- Coordinating disaster relief efforts in Venezuela, the new event involves the UN, the Netherlands, Lebanon, and Venezuela, covering aid delivery, military exercises, and financial support.
- IDB, CAF, OAS, and UNDRR provided reconstruction and risk reduction support in Venezuela.
Inter-American Development Bank drafts two-year engagement plan for Venezuela
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Ilan Goldfajn, President of the Inter-American Development Bank, stated that the bank is drafting a two-year engagement plan for Venezuela. This plan is focused partly on electricity and social protection. The Inter-American Development Bank stopped making new loans to Venezuela in May 2018 after the country fell behind on payments, and still has about $2 billion in outstanding loans.
From straitstimes.com
Why it matters
The Inter-American Development Bank, which is the largest development lender in Latin America and the Caribbean, is reengaging with Venezuela. The bank is currently concentrating on the country’s macroeconomic framework and requirements across individual sectors.
The Inter-American Development Bank, CAF, OAS, and UNDRR previously provided reconstruction and risk reduction support in Venezuela.
From straitstimes.com
Who's involved
- Ilan GoldfajnPresident of the Inter-American Development Bank, leading the planning of engagement with Venezuela.
- VenezuelaGeopolitical state in Latin America that is the subject of the Inter-American Development Bank's new plan.
- Inter-American Development BankInternational organization drafting the two-year engagement plan for Venezuela.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- VenezuelaSpeculative
Venezuela could receive potential development funding and economic support through the Inter-American Development Bank's plan.
Keep exploring
The entities involved
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Ilan Goldfajn
Brazilian-Israeli economist
Nothing else this week.
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Venezuela
Country in Latin America