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NotiSur PDF file 1987 right arrow Mar

U.S., Latin America Clash Over Control of IDB Loan Decisions

LADB Article ID: 76931
Category/Department: Region
Date: 1987-03-17
By: LADB Staff

For several months, Washington and the governments of Latin America have been involved in an acrimonious dispute over the control of billions of dollars in loans via the Inter-American Development Bank (IDB). The IDB loans money for economic development from developed industrial countries to Latin American nations, and is financed largely through contributions by the US and 16 other industrial nations.

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