March 31, 2017
The Minister of Finance, Luis Caputo, participated this Friday in the first day of activities of the 2017 Inter-American Development Bank Annual Meeting conducted in Asuncion.
After his arrival to the Capital of Paraguay, Caputo held a meeting with the President of the IDB, Luis Alberto Moreno, who has presided over the Board of Directors of the Bank since October 2005. After the meeting, Mr. Minister said: “The IDB is a strategic ally for our country in the path of growth, the development of infrastructure and the creation of the jobs we need”.
The Finance Minister also held a meeting with the Chief Operating Officer, Senior Managing Director and Director at Japan Bank for International Cooperation, Nobumitsu Hayashi, and they talked about the financing possibilities for the country.
Japan Bank for International Cooperation (JBIC) is a financial institution that belongs to the Japanese Government and it is aimed at contributing with the development of international economy, promoting development and providing the necessary financial services to avoid disruptions in the international financial order.
In addition, as Governor of the multilateral organization, the Minister of Finance will participate this afternoon in the Business Dialogue of the Americas with business men from the region. At night, he will be attending a reception organized by the Inter-American Investment Corporation (IIC).
The Inter-American Investment Corporation (IIC) is a multilateral organization, member of the IDB Group, which promotes the development in Latin-America and the Caribbean, through the private sector and State-owned firms, providing financing by means of loans, capital investment and guarantees.
The Chief of Cabinet of the Ministry of Finance, Pablo Quirno; the Secretary of Finance, Santiago Bausili; the Undersecretary of International Financial Relations, Martin Soto; and the Argentine representative before the IDB, Raul Novoa, also participated in the events.