An international financial organization established in 1959 aimed at improving economic and social conditions in Latin America and the Caribbean, primarily by providing funds for public projects. Français: Banque Inter-Américaine de Développement Español: Banco Interamericano de Desarrollo (BID)
development bank for the countries of Latin America and the Caribbean.
Promotes economic and social projects in developing countries by financial, via loans, and technical assistance. Set up in 1959.