Work-Banks

INTER-AMERICAN DEVELOPMENT BANK
The Inter-American Development Bank (IADB or IDB or BID) is the largest source of development financing for Latin America and the Caribbean

MEMBERS
The Bank is owned by 48 sovereign states, which are its shareholders and members. Only the 26 borrowing countries are able to receive loans.

BORROWING COUNTRIES Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Columbia Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Trinidad and Tobago, Uruguay, Venezuela

NON BORROWING COUNTRIES Austria, Belgium, Canada, China, Croatia, Denmark, Finland, France, Germany, Israel, Italy, Japan, The Netherlands, Norway, Portugal, Republic of Korea, Slovenia, Spain, Sweden, Switzerland, United Kingdom, United States

PROJECTS
 EDUCATION
 POVERTY REDUCTION
 SUSTAINABLE ENERGY AND CLIMATE CHANGE
 WATER AND SANITATION
 INFRASTRUCTURE

INTERNATIONAL MONETARY FUND • The International Monetary Fund is an organization of 185 countries which foster global monetary co-operation. Secure financial stability, facilitate international trade, promote high employment, sustainable economic growth and reduce poverty round the world. Functions of the IMF
• Monitors economy and financial development of countries
• Lends to countries with balance of payment difficulties
• Provide financial (temporary ) assistance
• Helps to correct underlying problems experienced by some countries
• Provide loans to low-income countries aim at reducing poverty
• Provides technical assistance and training in areas of expertise
• Provides advice on how to correct balance of payments and restore conditions for economic growth. Countries have to put policies in place to correct problems

WORLD BANK
 The World Bank is a source of financial and technical assistance to developing countries around the world. It is owned