{"id":16803,"date":"2012-01-13T08:29:59","date_gmt":"2012-01-13T13:29:59","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=16803"},"modified":"2012-01-13T09:15:32","modified_gmt":"2012-01-13T14:15:32","slug":"idb-loans-necessary-for-bahamas-growth","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/01\/idb-loans-necessary-for-bahamas-growth","title":{"rendered":"IDB Loans Necessary For Bahamas Growth"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-16823\" style=\"margin-left: 10px; margin-right: 10px;\" title=\"road-closed\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/road-closed.jpg\" alt=\"\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/road-closed.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/01\/road-closed-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>Inter-American Development Bank (IDB) is ending the country\u2019s major loans for public infrastructure projects, arguing the investments are necessary for sustainable growth.<\/p>\n<p>Credit from the IDB has mushroomed in recent years, beginning with more than $100 million for the New Providence Road Improvement Project (NPRIP), $50 million to support an air transport reform program and $81 million for the proposed revamp of the water and sewerage system.<\/p>\n<p>Most recently, Guardian Business learned a further $12 million loan is being considered to overhaul the welfare system.<\/p>\n<p>With IDB loans surging well over $200 million in just a few years, top officials from the bank told Guardian Business that in the end, the loans will help reduce the nation\u2019s debt\/GDP ratio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IDB loans are surging well over $200 million but officials say the the investments are necessary for sustainable growth.<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[118,98,308,119],"class_list":["post-16803","post","type-post","status-publish","format-standard","hentry","category-business","tag-development","tag-financial","tag-investment","tag-roads"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/16803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=16803"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/16803\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=16803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=16803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=16803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}