Felipe Montoro Jens on Recent IDB Meeting

Felipe Montoro Jens recently reported on the meeting of the board of governors of the Inter-American Development Bank, where the Brazilian Minister of Planning, Development, and Management Dyogo Oliveira highlighted the need to create financial mechanisms that facilitate guarantee mechanisms to leverage private investment in Latin America. The Argentine finance minister and Chair of the Board of Governors agreed with Oliveira’s assessment. This sentiment was echoed by Spain’s counterpart at the meeting, who pointed out Brazil’s potential for becoming a recipient of increased Spanish investment. Read more about Montoro Jens at baptista.com

According to Oliveira, the old challenges of making basic services available have been largely solved, and it is now time to turn our attention to ushering in the “fourth Industrial Revolution.” Oliveira also praised the success of public-private partnerships, explaining that the Brazilian government has ensured that these partnerships align with the directives of the Bank.

Felipe Montero Jens explained that the President of the Inter-American Development Bank identified two key challenges for the region, namely convergence of infrastructure and international connectivity. In other words, present investment levels are insufficient to meet Latin America’s needs in these two essential areas. He went on to discuss the importance of fostering gender equality and sustainability in all projects sponsored by the Bank.

Jens added that in 2017, Brazil received US$12.9 billion in IDB loans, a 20% increase over 2016. In addition, the last decade has seen an explosion in public-private partnerships, with $360 billion in infrastructure being built in the last ten years. Although the world economy seems to be improving, in order to attract the level of investment necessary to solve these problems, Brazil and Latin America as a whole will need to seriously evaluate the possibility of guaranteeing private investment. Despite the challenges that abound, the enormous success of partnering with the private sector and the sheer size of the Brazilian consumer market are reasons to be optimistic

Learn more: http://maringa.odiario.com/politica/2018/03/veja-com-felipe-montoro-jens-cidade-mineira-investe-em-ppp-para-estimular-o-lazer-e-a-pratica-de-atividades-fisicas-da-populacao/2476577/