Latin America to form regional alliance to stifle organized crime
According to the Inter-American Development Bank (IDB), violence has weakened states, increased the cost of doing business, and costs the region 3.5% of GDP
IDB backs internal reform at its annual meeting this week
More than 3,000 participants including finance ministers, central bank presidents, businesspeople and representatives of civil society will meet in Punta Cana for the event, which runs from March 6 to 11
Ilan Goldfajn launches into IDB reform after bringing peace and quiet to a tense organization
The president of the regional development institution is hoping that next year’s decisive annual assembly will approve his new strategy based on project impact rather than on loan figures
The IDB and the World Bank join forces to promote development in Latin America
Ilan Goldfajn and Ajay Banga — the presidents of these international organizations — have signed a protocol of understanding. They want to work together to close the digital divide in the region and protect the Amazon and the Caribbean