{"id":213753,"date":"2026-03-14T17:33:00","date_gmt":"2026-03-14T16:33:00","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=213753"},"modified":"2026-03-14T18:07:02","modified_gmt":"2026-03-14T17:07:02","slug":"idb-concludes-plenary-sessions-annual-meetings-paraguay","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/","title":{"rendered":"IDB concludes plenary sessions of annual meetings in Paraguay"},"content":{"rendered":"<p>Luque (Paraguay), Mar 14 (EFE). The <a href=\"https:\/\/www.iadb.org\/en\" target=\"_blank\" rel=\"noopener\">Inter-American Development Bank (IDB) Group<\/a> concluded the plenary sessions of its Board of Governors annual meetings on Saturday in Paraguay, consolidating the progress made by the institution since 2024 toward implementing a strategic shift that increases its impact and involves the private sector more actively.<\/p>\n<p>At the opening plenary session held on Friday, Paraguay\u2019s Minister of Economy and Finance, <strong>Carlos Fern\u00e1ndez Valdovinos,<\/strong> was elected the new chair of the Board of Governors. He assumed the role to address the major economic challenges facing Latin America and the Caribbean.<\/p>\n<blockquote><p>Fern\u00e1ndez Valdovinos said the key challenge is \u201cto translate the potential we have today into realities, that is, into sustained growth, productive investment, and real well-being for all our citizens.\u201d<\/p><\/blockquote>\n<p>In his remarks, IDB Group President <strong>Ilan Goldfajn<\/strong> welcomed the successful capitalization of IDB Invest, announced during the meetings in Paraguay, as well as the ongoing process to create a new <strong>Civil Society Engagement Strategy<\/strong>, which will further improve the impact of the institution\u2019s financing.<\/p>\n<h2>Three areas for progress<\/h2>\n<p>The Israeli-Brazilian economist also highlighted three areas where the region can make progress.<\/p>\n<p>The first is increasing the role of the <strong>private sector in investing in development projects<\/strong>, since entrepreneurs and investors have greater resources than public administrations.<\/p>\n<p>The <a href=\"https:\/\/efecomunica.efe.com\/en\/idb-presents-critical-minerals-program-begins-plenary-sessions-paraguay\/\" target=\"_blank\" rel=\"noopener\">second<\/a> is promoting the <strong>critical minerals industry<\/strong> while simultaneously creating a complete value chain that makes the resulting growth more equitable and structural. The third is strengthening <strong>regional integration<\/strong>.<\/p>\n<p>During this year\u2019s annual meetings in Paraguay, the group implemented significant new progress within <strong>IDBImpact+<\/strong>, the initiative launched in 2024 that consolidates the work of the institution\u2019s three branches, IDB, IDB Invest, which is focused on the private sector, and IDB Lab, its innovation arm.<\/p>\n<p>One such step is the completion of the <strong>$3.5 billion capitalization process of IDB Invest<\/strong>, which means the group now expects to have a financing capacity of $500 billion over the next decade, double that of the previous ten years. EFE<\/p>\n<figure id=\"attachment_213755\" aria-describedby=\"caption-attachment-213755\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"213755\" data-permalink=\"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/imagen-idb-concludes-plenary-sessions-of-annual-meetings-in-paraguay\/\" data-orig-file=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw.jpg\" data-orig-size=\"1920,1280\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;EFE&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. EFE\/Juan Pablo Pino&quot;,&quot;created_timestamp&quot;:&quot;1773336838&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;IDB concludes plenary sessions of annual meetings in Paraguay&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Imagen-IDB concludes plenary sessions of annual meetings in Paraguay\" data-image-description=\"&lt;p&gt;Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. EFE\/Juan Pablo Pino&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. EFE\/Juan Pablo Pino&lt;\/p&gt;\n\" data-large-file=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1024x683.jpg\" class=\"size-large wp-image-213755\" src=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1024x683.jpg\" alt=\"Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. EFE\/Juan Pablo Pino\" width=\"1024\" height=\"683\" srcset=\"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1024x683.jpg 1024w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-300x200.jpg 300w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-768x512.jpg 768w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1120x747.jpg 1120w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1536x1024.jpg 1536w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-430x286.jpg 430w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw-1200x800.jpg 1200w, https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efe1afab6c9d45b98a852dd8f48f5b40404a624504fw.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-213755\" class=\"wp-caption-text\">Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. EFE\/Juan Pablo Pino<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Luque (Paraguay), Mar 14 (EFE). The Inter-American Development Bank (IDB) Group concluded the plenary sessions of its Board of Governors annual meetings on Saturday in Paraguay, consolidating the progress made [&hellip;]<\/p>\n","protected":false},"author":198164071,"featured_media":213754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[127474],"tags":[125647,128411],"class_list":["post-213753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-idb","tag-idb-invest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IDB Group concludes Board of Governors plenary sessions<\/title>\n<meta name=\"description\" content=\"The Inter-American Development Bank (IDB) Group concluded the plenary sessions of its Board of Governors assemblies on Saturday in Paraguay\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IDB Group concludes Board of Governors plenary sessions","description":"The Inter-American Development Bank (IDB) Group concluded the plenary sessions of its Board of Governors assemblies on Saturday in Paraguay","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#article","isPartOf":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/"},"author":{"name":"EFE","@id":"https:\/\/efecomunica.efe.com\/#\/schema\/person\/38c335f1ce4cd42430576ef5499343b8"},"headline":"IDB concludes plenary sessions of annual meetings in Paraguay","datePublished":"2026-03-14T16:33:00+00:00","dateModified":"2026-03-14T17:07:02+00:00","mainEntityOfPage":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/"},"wordCount":359,"publisher":{"@id":"https:\/\/efecomunica.efe.com\/#organization"},"image":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#primaryimage"},"thumbnailUrl":"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efeb7fa9aa8bec076356be4cef55e9c4d147967dd66w.jpg","keywords":["IDB","IDB Invest"],"articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/","url":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/","name":"IDB Group concludes Board of Governors plenary sessions","isPartOf":{"@id":"https:\/\/efecomunica.efe.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#primaryimage"},"image":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#primaryimage"},"thumbnailUrl":"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efeb7fa9aa8bec076356be4cef55e9c4d147967dd66w.jpg","datePublished":"2026-03-14T16:33:00+00:00","dateModified":"2026-03-14T17:07:02+00:00","description":"The Inter-American Development Bank (IDB) Group concluded the plenary sessions of its Board of Governors assemblies on Saturday in Paraguay","breadcrumb":{"@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/efecomunica.efe.com\/en\/idb-concludes-plenary-sessions-annual-meetings-paraguay\/#primaryimage","url":"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efeb7fa9aa8bec076356be4cef55e9c4d147967dd66w.jpg","contentUrl":"https:\/\/efecomunica.efe.com\/wp-content\/uploads\/2026\/03\/rss-efeb7fa9aa8bec076356be4cef55e9c4d147967dd66w.jpg","width":1920,"height":1280,"caption":"Annual meetings of the Inter-American Development Bank (IDB) Group in Paraguay. 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