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IADB Approves Over US$3 Billion in Loans in 1986

ISSN:1060-4189
LADB Article ID: 76894
Category/Department: Region
Date: 1987-03-24
By: LADB Staff

On March 22 president of the Inter-American Development Bank (IDB), Antonio Ortiz Mena, told assembled governors in Miami that during 1986 the Bank approved loans valued at over $3 billion for Latin American and Caribbean nations. Ortiz Mena's presentation consisted of a synopsis of the IDB annual report. Last year's total of $3.037 billion in approved loans was slightly lower than loans approved in 1985 ($3.061 billion) and 1984 ($3.567 billion).

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