Claver Carone on the tightrope

The president of the Inter-American Development Bank, Mauricio Claver Carone, was left hanging in the balance. Between this Friday and next Tuesday it will be defined if he is expelled from his position for serious ethical offenses, according to the parameters of the institution. The executive directors of the organization resolved this Thursday to recommend the dismissal of the American economist for finding him guilty of these misconduct. Now the directors of the entity will have to vote from today on how the situation is resolved, but the government of his country would be inclined to remove him from the post.

Claver Carone had been under investigation for months for an alleged affair with a senior IDB executive, with whom he works directly. The official denied the charges and maintained that it is a political operation to displace him. He came to the head of the IDB at the impulse of former United States President Donald Trump, who thus broke the organization’s tradition of reserving that place for a representative from Latin America or the Caribbean.

The controversial head of the IDB had strong crosses with the Argentine government until three weeks ago, when the Minister of Economy, Sergio Massa, recomposed relations and reached an agreement to unlock disbursements for 800 million dollars that the agency’s board had approved, but that Claver Carone engaged throughout the year with all kinds of accusations

“As much as the IDB wants to approve new funds for Argentina, it cannot approve the requests without prudently ensuring that it has an impact on development,” Claver Carone published in a public letter on July 25 to explain his refusal. to turn the money. “Argentina’s success is the IDB’s success, but Argentina’s tumultuous financial history uniquely affects the bank’s costs. The IDB must protect its ability to reliably assist all of its 26 borrowers, including small countries with few resources,” he added.

As noted, Massa then traveled to the United States, met with Claver Carone and reached an agreement for him to send the $800 million.

Now, the executive directors of the IDB, with the results of the investigation against him, have recommended his expulsion.

Source: Pagina12

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Varun Kumar

Varun Kumar is a freelance writer working on news website. He contributes to Our Blog and more. Wise also works in higher ed sustainability and previously in stream restoration. He loves running, trees and hanging out with her family.

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