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The Multilateral Investment Fund, an investment arm of the IADB, earmarked $1. His five-year term will begin on October 1, 2005, and his main duties will be to oversee operations of the IDB Group, consisting of the bank and its affiliates, the Inter-American Investment Corporation and the Multilateral Investment Fund. There is a strong business case for international recharge functionality; for example, remittances sent to Latin America and the Caribbean from all parts of the world totaled more than $60 billion in 2006, according to the Inter-American Development Bank Multilateral Investment Fund. |
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