Original disclosure @ IADB website
Updated in EWS Sep 12, 2026
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According to the IADB, the general development objective is to improve the business climate in order to boost the country's competitiveness through the following specific development objectives: (i) reduce businesses' cost of compliance with government regulations; (ii) reduce the involvement of State-owned enterprises in the economy; and (iii) increase the efficiency of foreign trade operations.
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ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).