Working in Partnership with The Inter-American Development BankDFID seeks to work in partnership with governments which are committed to the international targets, and seeks to work with business.
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This Institutional Strategy Paper sets out how the UK Government will work to help strengthen the contribution that the Inter-American Development Bank (IDB) can make to reducing poverty and inequality. Established in 1959 to help accelerate economic and social development, the IDB is today the largest source of development assistance to Latin America and the Caribbean.
Almost all the countries of the region are middleincome countries, to whom the IDB lends on non-concessional terms. Lending on concessional terms is restricted to five countries – four of which are eligible for debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative.Author(s): Department for International Development (DFID)