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The OPEC Fund
for International
Development
  1. Operations
  2. Countries A-Z
  3. Latin America & Caribbean

Operations

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Latin America & Caribbean

Commitments by Focus Area

Total commitments: US$ 3,726.75m

  • Transportation
  • Financial
  • Energy
  • Water & Sanitation
  • Agriculture
  • Multisectoral
  • Health
  • Education
Amounts under US$.09m may not be reflected in this chart.

Commitments by Financing Types

Total commitments: US$ 3,726.75m

Public Sector 79.09 %
Private Sector & Trade Finance 19.83 %
Grants 1.08 %

The economic malaise of the past few years weakened social progress and had an adverse effect on jobs and household incomes: inequality has risen and around one-third of Latin Americans remain vulnerable to falling back into poverty.

However, with a return to growth last year, livelihoods and human development outcomes improved slightly – the economic recovery helped rebuild social pillars that in turn eased poverty and boosted prosperity. Socioeconomic strengthening has also helped support the economic recovery via greater investments in people, particularly the poor.  Efforts to build resilience to shocks - economic, natural and social - is also part of the reform agenda to ensure sustainable and equitable long-term growth in line with the SDGs.

The OPEC Fund's footprint in the Latin America and Caribbean region extends to 31 countries. In 2019, US$122m was approved to  six countries - with the majority supporting  the financial (US$35m), energy (US$26m), water & sanitation (US$25m) and agriculture (US$20m) sectors. 

Operations

Emergency Aid Grant in response to Hurricane Eta in Central America

Approved
23.11.2020
Country
Guatemala, Honduras, Nicaragua
Focus Area
Multisectoral
Category
Emergency Aid

COVID-19 Emergency Loan: Crecer Sano-Nutrition and Health Project

Approved
20.11.2020
Country
Guatemala
Focus Area
Health
Status
Ongoing

Economic Revitalisation Line of Credit for the National Bank of El Salvador - BANDESAL

Approved
23.10.2020
Country
El Salvador
Focus Area
Financial
Status
Ongoing

Beneficiary Countries

  • Antigua and Barbuda
  • Argentina
  • Barbados
  • Belize
  • Bolivia
  • Brazil
  • Chile
  • Colombia
  • Costa Rica
  • Cuba
  • Dominica
  • Dominican Republic
  • El Salvador
  • Grenada
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Jamaica
  • Mexico
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent
  • Suriname
  • Uruguay
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Operations

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    • Africa
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Who we are
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