The IDB Group in the Central American Isthmus and the Dominican Republic: Activities Report 2020
Peer Reviewed
Date issued
February 2021
Subject
Fiscal Policy;
Loan Portfolio;
Poverty;
Health Policy;
Sustainable Growth;
Economic Development;
Development Bank;
Climate Resilience;
Hurricane;
Natural Disaster;
Coronavirus;
Pandemics;
Vulnerable Population;
Small Business Financing
JEL code
F63 - Economic Development
Country
Guatemala;
Panama;
El Salvador;
Dominican Republic;
Belize;
Honduras;
Nicaragua;
Costa Rica
Category
Annual Reports
2020 was an unprecedented year for Central America and the Dominican Republic. The effect of the global COVID-19 pandemic, exacerbated by the impact of Hurricanes Eta and Iota in some countries, caused the greatest economic contraction the region has undergone in its recent history - surpassing the debt crisis of the 1980s and the international financial crisis of 2009. In 2020, the IDB Group helped the countries in the region respond to these emergencies through approvals that exceeded US$ 4,900 million and disbursements of more than US$ 4,327 million, both reaching historical records. This report highlights the Groups main activities in Central America and the Dominican Republic in 2020 at the regional and country level.
