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4/19/2024

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Ministers from the Americas Partnership for Econom…

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting
with Ministers from the Americas Partnership for Economic
Prosperity
April 19, 2024

WASHINGTON – Today, Secretary of the Treasury Janet L. Yellen hosted finance ministers of
member countries of the Americas Partnership for Economic Prosperity (APEP). Together with
Inter-American Development Bank President (IDB) Ilan Goldfajn, they discussed the work of
the IDB to support APEP members in enhancing competitiveness in the sectors identified at
the APEP Leadersʼ Summit that was hosted by President Biden in November 2023: critical
minerals, the medical sector, and semiconductors. Secretary Yellen commended the work of
APEP finance ministers on the recent decisions to provide $3.5 billion in new capital for the
IDB Groupʼs private sector window, IDB Invest, and on reforms to strengthen the
e ectiveness of the IDB Group in supporting private sector-led, sustainable, and inclusive
growth in Latin America and the Caribbean.
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https://home.treasury.gov/news/press-releases/jy2285

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