The Inter-American Development Bank, a multilateral lending agency, approved a US$75 million loan to Ecuador for the construction of a new international airport in Quito.THE INTER-AMERICAN DEVELOPMENT BANK Inter-American Development Bank (IDB) international organization founded in 1959 by 20 governments in North and South America to finance economic and social development in the Western Hemisphere. , a multilateral mul·ti·lat·er·al adj. 1. Having many sides. 2. Involving more than two nations or parties: multilateral trade agreements. lending agency, approved a US$75 million loan to Ecuador for the construction of a new international airport in Quito. The new airport will be 15 times larger than the current Aeropuerto Mariscal Sucre Sucre, city (1992 pop. 131,769), S central Bolivia, constitutional capital of Bolivia and capital of Chuquisaca dept. Since 1898, La Paz has been the administrative capital of Bolivia. . |
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