IJR News — today's news from every side

IJR News — today's news from every side

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IDB Plans Two-Year Venezuela Reengagement — 1dThe Inter-American Development Bank is re-engaging with Venezuela and drafting a two-year plan focused on electricity infrastructure and social protection, while missions assess the macroeconomic framework and sector needs; the bank has not specified how its roughly $2 billion in arrears will be resolved. IDB President Ilan Goldfajn says the engagement aims to work collaboratively with Venezuelans to shape the plan and determine next steps, signaling a potential longer-term lending role if planning progresses.