Providing loans to the transportation sector

In thirty-three years of operations in Latin America and the Caribbean, the Inter-American Development Bank (IDB) has made 268 loans for US$8,900 million to finance communications and transportations projects costing a total of $20,500 million. Some of the larger transportation loans of 1993 included: $340 million for the Argentinian road corridor programme; in Brazil, $267 million for the modernization of the Fernao Dias highway and $147 million for highway corridors; $180 million for the modernization of Mexican feeder highways and rural roads; $30.9 and $10 million loans for the Paraguayan national rural roads programme, and $180 million for the Panamanian road repair and administration programme.

1. Providing low-interest loans
2. Providing loans

1. Reducing uncertainty of development programmes due to short-term loans
2. Developing transport infrastructures

1. Freeing up availability of loans

1. Unpaid debts
2. Unethical financial practices
3. Uncertainty of development programmes due to short-term loans
4. Reverse flow of financial aid
5. Restrictive conditions on loans through intergovernmental facilities
6. Racial discrimination in according financial loans
7. Over-dependency on international financial institutions
8. Limited availability of loans
9. Insufficient programme funding
10. Inadequate diversification of loans to vulnerable countries
11. Fraudulent loans
12. Excessive anxiety on overseas lending
13. Domination of restrictive project loans by transnational banks
14. Discrimination against women in banking
15. Deteriorating terms of international financial loans to vulnerable countries
16. Defaults on international loans
17. Bank fraud
18. Bad loans