Inter-American Development Bank

Pages525-525
INTERNATIONAL ORGANIZATIONS 525
INTER-AMERICAN DEVELOPMENT BANK
Headquarters: 1300 New York Avenue NW., Washington, DC 20577
Phone, 202–623–1000. Internet, http://www.iadb.org.
President LUIS ALBERTO MORENO
The Inter-American Development
Bank (IDB) was established in 1959 to
help accelerate economic and social
development in Latin America and the
Caribbean. It is based in Washington,
DC.
The Bank has 48 member countries, 26
of which are borrowing members in Latin
America and the Caribbean.
INTER-AMERICAN INVESTMENT CORPORATION
Headquarters: 1350 New York Avenue NW., Washington, DC 20577
Phone, 202–623–3901. Internet, http://www.iic.int.
Chairman, Board of Directors LUIS ALBERTO MORENO
General Manager CARL MUÑANA
The Inter-American Investment
Corporation (IIC), an aff‌i liate of the
Inter-American Development Bank based
in Washington, DC, was established
in 1985 to promote the economic
development of its Latin American and
Caribbean members by f‌i nancing small-
and medium-size private enterprises. IIC
provides project f‌i nancing in the form of
direct loans and equity investments, lines
of credit to local f‌i nancial intermediaries,
and investments in local and regional
investment funds.
IIC has 44 member countries, of which
27 are in the Western Hemisphere,
including the United States, and 17 are
outside the region.
INTERNATIONAL MONETARY FUND
700 Nineteenth Street NW., Washington, DC 20431
Phone, 202–623–7000. Fax, 202–623–4661. Internet, http://www.imf.org.
Managing Director and Chairman of the
Executive Board CHRISTINE LAGARDE
First Deputy Managing Director DAVID LIPTON
Deputy Managing Directors NEMAT SHAFIK , NAOYUKI SHINOHARA ,
MIN ZHU
The Final Act of the United Nations
Monetary and Financial Conference,
signed at Bretton Woods, NH, on July
22, 1944, set forth the original Articles
of Agreement of the International
Monetary Fund (IMF). The Agreement
became effective on December 27,
1945, when the President, authorized by
the Bretton Woods Agreements Act (22
U.S.C. 286), accepted membership for
the United States in IMF, the Agreement
having thus been accepted by countries
whose combined f‌i nancial commitments
(quotas) equaled approximately 80
percent of IMF’s original quotas. The
inaugural meeting of the Board of
Governors was held in March 1946,

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