IDB

Costa Rica made official two budget support loans this Thursday with the Inter-American Development Bank (IDB), for an amount of 500 million dollars.

The Inter-American Development Bank (IDB) said Wednesday that it has approved two loans to Costa Rica totaling $500 million.

Costa Rica discusses loans from the IMF and the IDB, and is there a lion loose in Costa Rica?

Costa Rica coronavirus news, IDB loans, IMF loans, and Costa Rica weather.

Mauricio Claver-Carone, became the first U.S. citizen to be elected as president of the Inter-American Development Bank (IDB) despite the opposition of some countries that wished for a continuation of the tradition that the entity be led by a Latin American.

He would be the first non-Latin American in 60 years to lead the IDB, and this has caused friction among its member states.

The former president of Costa Rica, Laura Chinchilla, withdrew her candidacy for the presidency of the Inter-American Development Bank (IDB), the government announced Thursday. 

Costa Rica has nominated former President Laura Chinchilla as IDB leader. 

Costa Rica has nominated former President Laura Chinchilla as IDB leader. 

The presidents of nine Latin American countries teleconferenced with senior executives of the IMF, the World Bank and the IDB on Wednesday to discuss how to face the economic impact of the coronavirus.