Matt Dusk sings Sinatra in Halifax/PEI/Moncton | SaltWireLONDON - Inter-American Development Bank President Ilan Goldfajn said the financial institution can expand its lending capacity to as much as $112 billion over a decade once it secures fresh capital from shareholders for its private arm.
"If we sum the efforts of the public side and the private side, we can go all the way from $34 billion together, up to $112 billion," Goldfajn said. Goldfajn says that once commitments from member countries are secured, the challenge will be to ensure funds are being deployed. IDB Invest is owned by its 48 member countries, 26 of which are in the Latin American and Caribbean region.
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