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ARTICLE · 08 OCTOBER 2018

The IDB And South America

The IDB is actively involved in two South American countries: Suriname and Guyana. South America is composed of countries which are former Spanish colonies, except for Brazil, a former Portuguese colony.

BrazilFinance and Banking

The IDB is actively involved in two South American countries: Suriname and Guyana. South America is composed of countries which are former Spanish colonies, except for Brazil, a former Portuguese colony. Until the 1960s, there were the so-called three Guyanas: the British Guyana (currently Guyana), the Dutch Guyana (currently Suriname) and the French Guyana (which is still a French département).

Suriname has about 600,000 inhabitants and its Muslim population is approximately 14%. The population of Guyana is approximately 800,000 and among them 7% are Muslims.

The IDB in its eff orts to have a significant presence in all continents is evaluating the possibility of opening a regional headquarters in Suriname at a later date. Suriname is making an eff ort to include itself in the Islamic economy and Trustbank Amanah will be adapting itself for such an inclusion. Guyana has applied for a US$20 million financing from the IDB, which has since been approved, to fund the

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