Prime Minister Dean Barrow was in the US Capital Washington DC today where he visited the Inter-American Development Bank, or the IDB as it is more commonly known.
A release from the IDB says he met with President Luis Alberto Moreno to discuss Belize's relationship with the Bank and priority areas of collaboration. They also spoke about the Bank's recently approved new country strategy with Belize which focuses on public expenditure efficiency and effectiveness and promoting private sector development and sustainable export-led growth, by concentrating on four priority areas: education, tourism, transport and trade and tax policy.
The Bank's 2014 lending program with Belize centers on road rehabilitation and education, totaling $30 million US dollars.
The Bank's current portfolio in Belize includes five loans for 38 million US dollars, supporting agriculture, citizen security, water and sanitation, solid waste and flood mitigation.
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