Inter-American Development Bank: Promoting Economic Development and Social Progress in the Americas

IADB stands for Inter-American Development Bank. It is a multilateral development bank that was established in 1950 to promote economic development and social progress in the Americas. The bank provides loans, grants, and technical assistance to its member countries to support projects in areas such as infrastructure, education, health, and poverty reduction. The IADB is headquartered in Washington, D.C., and has 48 member countries, including the United States, Canada, Mexico, and most countries in Central and South America and the Caribbean.

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