With the new plan, the IDB intends to help Latin America more

Panama City- He President of Panama, Laurentino Cortizohe thanked the Inter-American Development Bank (IDB) for its “key” support for the development of social programs that “improve the living conditions” of the “most vulnerable” population.

“The support of the Inter-American Development Bank has been essential for the implementation of inclusion and development programs created with the purpose of expanding the opportunities that allow the population, especially the most vulnerable Panamanians, to improve their living conditions,” said Cortizo. during the inauguration of the 63rd edition of the annual meeting of the Board of Directors, which takes place in Panama City.

The President of Panama explained that through these programs financed by the Bank health, nutrition, food production, early childhood care and sanitation servicesamong others.

“Funding is important to support the most vulnerable populations preventing even more Panamanians from being left behind by the effects of the pandemic covid-19,” he added.

The The relationship between Panama and this entity began in 1959and “since then it has contributed (providing) technical assistance and financial support, which facilitated the implementation of strategies, plans and actions for the progress” of the country, Cortizo emphasized.

63rd edition of the annual assembly IDB Board of Directors It is being held in Panama City this weekend with the participation of various financial, economic and other senior officials from 48 member countries.

During the inauguration, IDB President Ilan Goldfajnhe pointed out that the organization can “do much more” for the development of Latin America, with a new plan focused on three pillars: social issues, climate and regional integration.

The The Assembly will end on Sundaythe day on which the latest report on the prospects for the region prepared by that entity will be presented.

The Board of Directors of the IDB is The highest decision-making body of the Group and it consists of ministers of finance and economy and other high-ranking officials of the member countries.