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IDB approved USD25-million financing for security

The loan shall be aimed at the reduction of robbery and homicide in Buenos Aires, Santa Fe, Cordoba, Mendoza and the City of Buenos Aires.

The Inter-American Development Bank (IDB) approved this Thursday a 25-million-dollar loan aimed at improving the efficiency of the National Ministry of Security and of jurisdictional governments in order to reduce robbery and homicide. Likewise, the National Government will make a 5-million-dollar contribution for the implementation of the program.

Within said context, Caputo said: “Once more we have the support of the IDB, a strategic partner, to make the necessary investments for the growth of the country, the creation of jobs and the security of citizens”.

The goal of this initiative is to increase the efficiency of the Ministry of Security, the federal forces, the Provincial police and municipal governments to reduce homicide and robbery, particularly in 6 cities: Moron and Tres de Febrero (Buenos Aires), Santa Fe (Santa Fe), Cordoba (Cordoba), Las Heras (Mendoza) and Bajo Flores (City of Buenos Aires).

Likewise, the Program has three elements. In the first place, “to improve the quality of the information and analysis of crimes” through the provision of equipment, software services, technical assistance and training in the information and crime analysis areas.

In the second place, “to increase police effectiveness” through the support to the design and implementation of the construction and equipment of the Strategic Coordination Institute (ICCE, for its acronym in Spanish). It also includes the support for the provincial institutions of police training.

The third element is “to strengthen the local management of security” and its goal is to provide equipment, technical assistance and training to develop municipal programs of security, as well as to implement the Safe Neighborhoods Program in areas with high degree of homicide.

The IDB is a multilateral organization that works to improve the quality of life in the countries of Latin America and the Caribbean through financial and technical support in the areas of health, education and infrastructure. Its objective is to achieve sustainable development with the highest standards of integrity, transparency and accountability.