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National Government highlights the role of the IDB in the post-conflict process

• President Juan Manuel Santos met this Monday at the Casa de Nariño with the 14 members of the Executive Directorate of the IDB, the Board of Directors of the bank of Latin American, Asian and European countries.

Bogotá, September 7, 2015 (SIG).

The National Government stated that the role of the Inter-American Development Bank (IDB) in the post-conflict will be positive, and highlighted the support provided to the country to secure resources for the large fund that is being created for said purpose.

This was set forth in the meeting held this Monday at the Casa de Nariño by President Juan Manuel Santos with the 14 members of the Executive Directorate the IDB, the Board of Directors of the bank of Latin American, Asian and European countries.

During the meeting, the Executive Directors of the IDB stated their interest in getting an update on the country’s economic situation, visiting projects, and learning about the progress made in the peace process and the vision of the post-conflict.

The conversations also addressed important projects that are being prepared with the IDB, such as a 210 million dollar credit for the Plan PaZcífico project, which entails investments in water, sewage and power utilities in zones that are not interconnected.

Likewise, the Government pointed out the importance of the fact that the Directors had the chance to get a first-hand look of the progress of the peace process and the investments required for the post-conflict.

The Board of Directors had come to Colombia for the last time in 2009, when the Annual Assembly of the IDB was held in Medellín, city they will be visiting as part of their agenda which also includes the cities of Barranquilla and Cartagena.

Finally, the Government stated its satisfaction for the vote of confidence given by the Board of Directors of the IDB to the Colombian economy.