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    Home AMERICAS Colombia

    Elected government clarifies that the US$63 million from the IDB are not for the connection; This is what José Manuel Restrepo said: ‘The importance of this cooperation’

    The Analyst by The Analyst
    July 18, 2026
    in Colombia
    Elected government clarifies that the US$63 million from the IDB are not for the connection; This is what José Manuel Restrepo said: ‘The importance of this cooperation’


    The elected vice president of Colombia, José Manuel Restrepo, stated that the technical cooperation announced by the Inter-American Development Bank (IDB) It represents support for the beginning of the Government of Abelardo De La Espriella, after the entity clarified that the resources correspond to non-reimbursable assistance that has not yet been disbursed.

    Restrepo’s statement came after the IDB responded to a right of petition presented by ‘Caracol Radio’.

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    In that document, The multilateral organization explained that the technical cooperation amounts to approximately US$63 millionthat the resources have not yet been disbursed and that their use will depend on the decision adopted by the Government that will take office on August 7.

    Through his account on the social network

    He added that this agenda was consolidated this week during meetings in Washington, where, as he indicated, The bases of cooperation were defined to accompany the beginning of the new administration.

    They will be intended to provide technical assistance through knowledge. Photo:Jose Manuel Restrepo

    The vice president-elect stated that the IDB statement confirms a non-reimbursable technical cooperation platform for approximately US$63 million.

    As he explained, These resources do not represent debt for Colombia and will be intended to provide technical assistance through the knowledge and experience of the organization’s specialists.

    READ ALSO

    Paola Holguín, senator of the Democratic Center.

    Restrepo pointed out that the Bank’s support would be focused on accompanying the preparation of the National Development Plan, the structuring of strategic projects and the strengthening of the institutional capacities of the State during the first months of the new Government.

    In his message, he also cited a statement from the president of the IDB, Ilan Goldfajn: “When a country gains time, it gains development.”

    For Restrepo, this cooperation will allow the incoming administration to have technical tools to accelerate the formulation of public policies and the execution of the projects it prioritizes.

    From the first moment that the President of the IDB, @igoldfajnheld his conversation with the President-Elect @ABDELAESPRIELLAa joint work route was drawn up to accompany the new Government. That agenda was consolidated this week in Washington and marks the beginning of… pic.twitter.com/4fOqH69UeU

    — José Manuel Restrepo Abondano (@jrestrp) July 18, 2026

    IDB statement

    According to the IDB statement, the objective is to accelerate the preparation and execution of the strategic priorities of the new Government to facilitate the development of its reform agendas, investment and development since the beginning of the administration.

    The Bank explained that the approximately US$63 million correspond to non-reimbursable technical cooperation operations that have already been approved and remain pending disbursement.

    The implementation of these resources will be carried out progressively, in accordance with the execution schedules of each operation and the priorities defined jointly between Colombia and the IDB.

    READ ALSO

    The operation was carried out in an aesthetic center in the Tunal sector, in the town of Tunjuelito.

    According to the entity, non-reimbursable technical cooperation is part of the usual instruments of the Inter-American Development Bank.

    Operations are approved on a continuous basis and disbursements are made gradually as the projects and operations progress. development priorities established between the country and the multilateral organization.

    The IDB reported that during a high-level mission recently carried out in Washington it held meetings with the vice president-elect, José Manuel Restrepo, as well as with the designated ministers of Finance and Commerce, Industry and Tourism.

    In these meetings, a roadmap was consolidated to give continuity to the process of cooperation and accelerate the preparation of initiatives considered priority.

    As part of this agenda, the Bank announced that a technical mission will be carried out on July 29 and 30, headed by the Vice President of Countries and Regional Integration, Anabel González.

    The team will work together with the incoming Government in structuring cooperation operations and identifying strategic projects that support the priorities of the beginning of the new administration.

    JOS GUERRERO

    DIGITAL SCOPE EDITORIAL

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