Venezuelan Trust Funds (VTF)
27 Feb 1975, by the government of Venezuela. Comprises 2 trust funds of Organization of the Petroleum Exporting Countries (OPEC), one administered by Inter-American Development Bank (IDB), the other by Caribbean Development Bank (CDB). Ceased to exist 2000.
IDB: contribute to financing of projects and programs which have a significant effect on the development of IDB member countries through better utilization of their natural resources and promotion of their industry and agro-industry; expand IDB's export financing program; strengthen Latin American integration plans. CDB: finance projects and programs of significance to development of Caribbean member countries of CDB, especially the less developed, through better utilization of natural resources and promotion of industry, agriculture, exports and investments in tourism development.Available with paid subscription only.
Cumulative lending commitments / disbursements as of end Dec 1997: IDB - US$ 990,400,000 / US$ 984,500,000; CDB - US$ 17,665,000 / US$ 9,443,000.
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Type I ClassificationAvailable with paid subscription only.
Type II ClassificationAvailable with paid subscription only.
- Transportation, Telecommunications
- Agriculture, Fisheries
- Resource Utilization
UN Sustainable Development Goals **
UIA Org ID
Last News Received
** UN SDGs are linked to the subject classification.
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