Treasury Secretary Timothy Geithner on the big screen, speaking at the Inter-American Development Bank meeting in Medellin, Colombia, 2009Friday, March 25, 2011
Geithner Does Northwest Arkansas (And Calgary)
On Friday morning, Treasury Secretary Geithner will travel to Northwest Arkansas where he will meet at the Arkansas World Trade Center with regional business leaders "to discuss how government and the private sector can work together to out-innovate competition".
In the afternoon, Secretary Geithner will visit the manufacturing plant and labs of NanoMech. In conjunction with the visit, Treasury will release a new report detailing the economic benefits of the President’s Fiscal Year 2012 Budget proposal to enhance the Research & Experimentation (R&E) tax credit, which will benefit connected companies like NanoMech.
Later on Friday, the Secretary with depart Northwest Arkansas for Calgary, Canada to attend the meeting of finance ministers of the Americas and the Caribbean. .
On Friday evening, Secretary Geithner will attend a reception and working dinner for the Regional Finance Ministers.
http://www.economicpolicyjournal.com/2011/03/geithner-does-northwest-arkansas-and.html
_About the Inter-American Development Bank
We support efforts by Latin America and the Caribbean countries to reduce poverty and inequality. We aim to bring about development in a sustainable, climate-friendly way.
Established in 1959, we are the largest source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability. We have an evolving reform agenda that seeks to increase our development impact in the region.
While we are a regular bank in many ways, we are also unique in some key respects. Besides loans, we also provide grants, technical assistance and do research. Our shareholders are 48 member countries, including 26 Latin American and Caribbean borrowing members, who have a majority ownership of the IDB.
Our Fund for Special Operations (FSO) provides concessional financing to our most vulnerable member countries.
Given our shareholder base and prudent management, we have a strong financial position. As a result, the IDB is able to borrow in international markets at competitive rates and transfer that benefit to our clients.
__
