Ortega on the IDB Group: This approach will contribute to the country's stability and economic growth

Published at: 02/10/2026 02:37 PM

This Friday, October 2 , the sector vice president of Economy, Calixto Ortega, highlighted the value of the presence of the IDB Invest Group in Caracas, stressing that it will help the financial company to know the reality of the country and will help contribute to the stability and economic growth of the country.

“The presence of the IDB Invest Group in Caracas has a value that goes beyond the symbolic, it means closeness, it means being able to talk continuously, to know firsthand our reality and to follow up on a specific agenda. Good relationships are built in this way by being present listening and working together,” he said during the session of the National Economic Council.

He also said that for Venezuela it is essential to normalize relations with the IDB Group and its development partners. “It is a pillar in our economic recovery strategy, we want this approach to contribute to macroeconomic stability, sustained growth and better conditions for investing and doing business in Venezuela,” he said.

At the same time, he thanked the BIT Group for its confidence in returning to Venezuela in this new phase; at the same time, he stressed that the National Economic Council will be the space to agree on concrete actions to “promote the engines of the economic agenda”.

“Here we define priorities, identify obstacles and agree on concrete actions (...) a mechanism of permanent dialogue and co-responsibility is essential (...) it will be a natural partner for IDB Invest, because it is the place where the ideas that emerge from this cooperation can be converted into decisions and results,” he emphasized.

Mazo News Team